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    Saraswat Bank FD Rates
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    4.25% - 7.05% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 5 Years
    6.5% - 6.8% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.72% - 8.65% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Saraswat Bank FD Rates is Rated as "Blown Away!" by 6 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Saraswat Bank is a scheduled co-operative bank that was established way back in 1918. Saraswat Bank fixed deposits (FDs) offer top-notch interest rates along with other benefits such as nomination facility, tax benefits and loan/overdraft. The bank offers different interest rates for different investment amounts. Before applying for an FD, it is good to take a look at the interest rates and choose a tenure accordingly.

    Given below are the revised interest rates offered on Saraswat Bank fixed deposits for regular and senior citizens with effect from 11 February 2019:

    Saraswat Bank Fixed Deposit rates: Under Rs.1 crore

    Maturity bucket Regular Interest Rate (per annum) Senior Citizen Interest Rate (per annum)
    7 days to 14 days 4.00% 4.00%
    15 days to 1 month 5.25% 5.25%
    Above 1 month to 3 months 6.00% 6.00%
    Above 3 months to 6 months  6.00% 6.00%
    6 months to 12 months 6.50% 6.50%
    Above 12 months to 1 year 3 months 7.35% 7.60%
    1 year 3 months 7.60% 7.85%
    Above 1 year 3 months to 2 years 7.35% 7.60%
    Above 2 years to 3 years 7.35% 7.60%
    Above 3 years to 5 years 7.15% 7.40%
    Above 5 years to 10 years 7.00% 7.25%

    Saraswat Bank Term Deposit rates: above Rs.50 lakh and less than Rs.3 crore

    Maturity bucket  Regular Interest Rate (per annum) Senior Citizen Interest Rate (per annum)
    7 to 14 days 5.25% 5.25%
    15 days to 1 month 5.25% 5.25%
    Above 1 month to 3 months 6.00% 6.00%
    Above 3 months to 6 months 6.00% 6.00%
    6 months to 12 months 6.50% 6.50%
    Above 12 months to 13 months 10 days 7.35% 7.60%
    13 months 10 days 7.35% 7.60%
    Above 13 months 10 days to 15 months 7.35% 7.60%
    Above 15 months to 2 years 7.60% 7.85%
    2 years 1 days to 2 years 9 days 7.35% 7.60%
    2 years 10 days 7.35% 7.60%
    2 years 11 days to 3 years 7.35% 7.60%
    Above 3 years to 5 years 7.15% 7.40%
    Above 5 years to 10 years  7.00% 7.25%

    Saraswat Bank Fixed Deposit interest rates: Rs.3 crore and above

    Maturity Bucket Regular Interest Rate (per annum) Senior Citizen Interest Rate (per annum)
    7 to 14 days 5.25% 5.25%
    15 days to 1 month 5.25% 5.25%
    Above 1 month to 3 months 6.00% 6.00%
    Above 3 months to 6 months 6.00% 6.00%
    6 months to 12 months 6.50% 6.50%
    Above 12 months to 13 months 10 days 7.60% 7.85%
    13 months 10 days 7.60% 7.85%
    Above 13 months 10 days to 2 years 7.60% 7.85%
    2 years 10 days  7.60% 7.85%
    Above 2 years 10 days to 3 years 7.60% 7.85%
    Above 3 years to 5 years 7.15% 7.40%
    Above 5 years to 10 years  7.15% 7.40%

    Saraswat Bank short-term FD rates

    • Highest FD rate: 6.50% p.a.
    • Interest rates available: 4.00% p.a. to 6.50% p.a
    • Tenure band: 7 days to 1 years

    Saraswat Bank medium-term FD rates

    • Highest Saraswat Bank FD interest rate: 7.60% p.a
    • Range of interest rates: 7.15% p.a. to 7.60% p.a.
    • Maturity bucket: 1 year to 5 years

    Saraswat Bank long-term FD rates

    • Long-term FD rate: 7.00% p.a.
    • Range of tenure: Above 60 months to 120 months

    Saraswat Bank senior citizen FD rates

    • Senior citizens get 0.50% higher interest rate on Term Deposits
    • Highest Saraswat Bank Senior Citizen Term Deposit rate: 7.85% p.a.

    Saraswat Bank NRI FD rates

    There are many deposit schemes that are specifically tailor-made to cater to the investment needs of Non-Resident Indians (NRIs). Saraswat Bank offers NRO, NRE, FCNR and RFC deposits.

    Saraswat Bank NRE rates: Above Rs.50 Lakh to less than Rs.3 Crore

     

    Tenure Regular Rate (per annum) Senior Citizen Rate (per annum)
    365 days 6.25% NA
    More than 1 year to 3 years 6.85% NA
    More than 3 years to 5 years 6.70% NA

    Saraswat Bank NRO rates: Above Rs.50 Lakh to less than Rs.3 Crore

    Tenure Regular Interest Rate (per annum) Senior Citizen Interest Rate (per annum)
    15 days to 30 days 5.25% NA
    31 days to 179 days 6.00% NA
    180 days to 365 days 6.25% NA
    More than 1 year to 3 years 6.85% NA
    More than 3 years to 5 years 6.70% NA
    More than 5 years to 10 years 6.75% NA

    Saraswat Bank FCNR FD Rates

    Tenure EUR USD
    5 years 3.81 NA
    4 years to below 5 years 3.79 NA
    3 years to below 4 years 3.77 NA
    2 years to below 3 years 3.70 NA
    1 year to below 2 years 3.51 0.28

    Saraswat Bank RFC Deposit Rates

    Tenure EUR USD
    365 days to below 2 years 3.51 0.28
    2 years to below 3 years 3.70% NA
    3 years 3.77% NA

    SARASWAT BANK FD Rates Reviews

    • review Fixed Deposit
      "Good online features on FD"
      0.5 5.0/5 "Blown Away!"
      In Saraswat bank they are providing the interest around 7% per annum, the minimum amount Rs. 5000 to max, still my FD is running with this bank. The online options are excellent without visiting I can track the interest and deposit amount through online.
      Was this review helpful? 1
      , pune
      Reviewed on Dec 17, 2018
    • review Fixed Deposit
      "Good bank"
      0.5 5.0/5 "Blown Away!"
      Saraswat bank is a very good they are not providing many benefits. This was taken for a period of 5 years. This was opened through the Branch and I had got the FD receipt and the branch response was good. The rate of interest offered by them was very less its just 7%.
      Was this review helpful? 1
      , mumbai
      Reviewed on Nov 14, 2016
    • review Fixed Deposit
      "Splendid service"
      0.5 5.0/5 "Blown Away!"
      Exemplary service offered by Saraswat Bank, as they provide very good response to their customer. They try to provide special attention to each and every customers who walks in to the Branch and they offer personalized service too. I am holding fixed deposit since 1997, I am happy with the rates as its great and overall its been splendid.
      Was this review helpful? 5
      , mumbai
      Reviewed on Oct 21, 2014
    • review Fixed Deposit
      "Developing now"
      0.5 4.0/5 "Great!"
      Fine. their customer service and their response. Nearby to my residence itself so I preferred. SARASWAT COOPERATIVE BANK was the Second largest bank in cooperative sector. Developing in their sectors. Bank is normal actually interest rates are good. Now the rate of interest more or less same in fixed deposit.I kept it for 3 years.
      Was this review helpful? 3
      , mumbai
      Reviewed on Aug 08, 2014
    • review Fixed Deposit
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      One year ago I have created a fixed deposit with Saraswat Co-operative bank considering the high rate of interest offered at that time. I also have a joint account with them and I have experienced a good customer service. Online facility is also available to manage the fixed deposit.
      Was this review helpful? 4
      , mumbai
      Reviewed on Jul 10, 2014
    • review Fixed Deposit
      "Hellpful and knowledgeable"
      0.5 4.0/5 "Great!"
      As this is the new bank and the people who are inside the bank are newly recruited, they are too helpful and knowledgeable and they know the customers needs to satisfy. Opening of the fixed deposit is so simple where we need to fill in the application and submit. They offer good interest rate.
      Was this review helpful? 8
      , mumbai
      Reviewed on Jun 27, 2014
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