• We offer 3% Interest on Savings Bank Deposit as per RBI Directive Application.
  • Customer has to maintain minimum balance or Rs.500/- for Cheque Book facility.
  • We offer nomination facility for all deposit accounts.
  • We Open No Frill Saving Accounts.
  • Customer can open Savings A/c for his/her minor children.
Deposit Interest Rate
The Gandhinagar Urban Co-Op. Bank Ltd.
Interest Rate on Deposit – Yearly Basis (Effective from 01.01.2026)
Type of Deposit Rate of Interest Senior Citizen
Current Deposit 0.00% 0.00%
Saving Deposit 3.00% 3.00%
Locker Deposit 6.00% 6.00%
Interest Rate on Fix Deposit – Yearly Basis (Effective from 01.01.2026)
Period Rate of Interest Senior Citizen
7 Days to 45 Days 3.50% 3.50%
46 Days to 90 Days 4.00% 4.00%
91 Days to 180 Days 4.50% 4.50%
181 Days to 364 Days 5.50% 5.50%
1 (13 Months) Year to 2 Years (24 Month) 6.00% 6.50%
2 (25 Month) Year to 3 Years (36 Month) 6.50% 7.00%
Above 37 Months 6.75% 7.25%
Senior Citizen – 1 year & Above Deposit : +0.50%
Staff and Ex Staff Deposit : +1.00%
Note :- Special Deposit Scheme of 555 & 777 Days Closed from 01.01.2026

Deposit Interest Rates (Effective From : 05-04-2023)

 
DepositRatessenior citizen
7 Days to 45 Days3.75 3.75 
46 Days to 90 Days4.254.25
91 Days to 180 Days4.504.50
181 Days to 364 Days5.505.50
13 Month to 24 Month6.256.75
25 Month to 36 Month6.507.00
Above 37 Month7.007.50
   

[ 0.50 % extra to Senior Citizen only above 1 year Fix Deposit ]
*Note:-As per Bank Deposit Interest rate Policy, Bank pay 3% interest on all type of saving deposits.(Effective from 01/04/2020)
In case of death of any person holding a current account(individual or proprietorship), bank will pay interest from date of death to date of claim as per saving deposit rate applicable as per RBI Norms.

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