• Fixed Deposit
  • Bharat Bank
  • Bharat Bank Fixed Deposit
Bharat Bank Fixed Deposit

Bharat Bank Fixed Deposit



Interest for 3 years

Bharat Bank FD Interest Rates January 2023

Historical FD Rates →
TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 29 days3.5%3.5%
30 days - 2 months 1 day3.75%3.75%
2 months 2 days - 3 months4%4%
3 months 1 day - 5 months 29 days4.25%4.25%
6 months - 11 months 30 days4.9%4.9%
1 year - 1 year 6 months 1 day7.25%7.65%
1 year 6 months 2 days - 2 years 1 month 14 days6.15%6.65%
2 years 1 month 15 days - 2 years 1 month 15 days6.75%7.25%
2 years 1 month 16 days - 4 years 11 months 30 days6.4%6.9%
5 years - 9 years 11 months 28 days6.9%7.4%

Note: All interest rates shown below are as on 9th Jan 2023

About Bharat Bank FD

The Bharat Co-operative Bank (Mumbai) Limited is registered under The Maharashtra Co-operative Societies Act, 1960 and is popularly known as Bharat Bank. It commenced its banking operations in 1978. It has a balance sheet size of Rs.13,823 Cr as on 31st March 2020. It recorded a profit of Rs 59 Cr in FY20

Bharat Bank FD

3.5% - 7.25%

FD Rate

3.5% - 7.65%

FD Rate for Seniors

₹ 1500000

Minimum Deposit

₹ 1 Crores

Maximum Deposit




FD Tenure


Loan against FD


Bharat Bank FD Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 6.4%For 5 years with interest of 6.4%
₹ 50,000 ₹ 60,553₹ 68,798
₹ 1 lakh ₹ 121,105₹ 137,596
₹ 2 lakh ₹ 242,210₹ 275,191
₹ 5 lakh ₹ 605,526₹ 687,979
₹ 10 lakh ₹ 1,211,052₹ 1,375,957

Compare Bharat Bank Fixed Deposit Returns with Top Banks

Use FD calculator to change values and compare your returns from top banks.

Jana Small Finance Bank FD
Bharat Bank FD
Bharat Bank FD
Maturity Amount 107,496 108,139
Total Investment Amount₹ 100,000₹ 100,000
Total Interest Gained7,496 8,139

Compare Bharat Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
Jana Small Finance Bank FD
7.85% - 8.8%
5.75% - 6.25%
Axis Bank FD
7% - 7.75%
Deutsche Bank FD
7% - 7%
Ujjivan Small Finance Bank FD
7.2% - 7.95%
Indian Bank FD
6.25% - 6.75%
Federal Bank FD
6.5% - 7%
Chaitanya Godavari Grameena Bank FD
6.25% - 6.75%
Ellaquai Dehati Bank FD
5.3% - 5.55%
Paschim Banga Gramin Bank FD
5.2% - 5.7%

Calculate Bharat Bank FD Returns

₹ 100,000

Total Investment


Wealth Gained

₹ 107,496

Maturity Amount

Explore Debt Funds, instead!

The flexible & tax efficient alternative to FDs.

Bharat Bank provides a wide range of fixed deposits with varying tenure, features, benefits, and interest rates. You can invest either online through internet banking or by visiting the nearest branch. Bharat Bank FD rates are attractive for individuals and senior citizens.

Key Features of Bharat Bank Fixed Deposits

  • The investment duration is fixed. You cannot withdraw the fixed deposit before maturity. However, a premature withdrawal is allowed on payment of a penalty ranging from 0.50% to 1%.
  • A loan against FD is available for up to 95% of the principal amount deposited
  • Nomination and auto-renewal facility available
  • The higher Bharat Bank FD rates for senior citizens
  • The principal amount deposited is insured under the Deposit Insurance and Credit Guarantee Corporation, Reserve Bank of India. The insurance covers up to Rs 5 lakhs including principal as well as interest earned. 
  • Investors can choose the interest payout option of monthly or quarterly payout or at maturity.

Types of Bharat Bank Fixed Deposits

  • Regular Fixed Deposit
  • Cumulative Fixed Deposit
  • Monthly or Quarterly Fixed Deposit
  • Bharat Deposit Tax Benefit
  • Flexi Fixed Deposit
  • Bharat Daily Deposit (PYGMY)

Regular Fixed Deposit

  • A minimum investment of Rs.1,000 is required.
  • A flexible tenure is available, with a minimum of 7 days and a maximum of 364 days.
  • Using the net banking/mobile banking capability, you can open your account. Opening the FD account online is preferred by many investors over the traditional method of submitting a form at the branch office. However, for online banking, the prerequisite is that your KYC must be updated. You can choose the maturity instructions, nomination, and auto-renewal online. 
  • Auto-renewal with and without interest is available.
  • The interest earned will be paid at maturity along with the principal amount invested.
  • Senior Citizens Loans have a higher Bharat Bank FD rates
  • An overdraft or advance is allowed on fixed deposits up to 95% of the principal deposit.
  • High liquidity by opting for a penalty-free early withdrawal from a fixed deposit, subject to the terms and restrictions.

Cumulative Fixed Deposit

  • A minimum investment of Rs.1,000 is required.
  • Term duration ranges from 12 months to 120 months.
  • Using net banking or mobile banking capability, you can open your account without any hassle. It takes just a few clicks and you can open the FD. However, your KYC must be updated. 
  • Interest is compounded quarterly and reinvested with the original principal.
  • Auto-renewal with and without interest is available.
  • To opt for the reinvestment plan you must invest for a minimum of one year.
  • Obtain a loan up to 95% of the deposit, plus interest, on the pledge of an FD Certificate.
  • Senior citizens have a higher interest rate ranging from 0.50% to 1% depending on the tenure of the FD

Monthly or Quarterly Fixed Deposit

  • A monthly or Quarterly Fixed Deposit is very similar to a regular fixed deposit. The major difference between these 2 fixed deposits is that the interest is paid monthly or quarterly and a regular FD pays the interest at maturity.
  • Individuals, Minors, Registered Co-operative Societies, Registered Public Trusts, and HUFs are all eligible to open an account.
  • One-year minimum duration is required.
  • The maximum length is 120 months, but the Bank may extend it at any moment.
  • A loan of up to 95% of the deposit amount may be provided.
  • Interest is paid on a monthly or quarterly basis.
  • Nomination and auto-renewal facilities are available. 

Bharat Deposit Tax Benefit

  • Under Section 80C of the Income Tax Act, 1961, money invested in a tax-saving bank FD is eligible for a deduction of up to Rs 1.5 lakh, subject to a 5-year lock-in period. 
  • A 5-year tax saver FD can be opened with a minimum of Rs 100 
  • The maximum investment amount allowed in a financial year is Rs 1.5 lakh. 
  • As a result, while a standard FD pays a fair interest rate, a Tax Saving FD pays a significantly greater effective interest rate due to the tax savings.
  • No premature withdrawal is allowed.
  • The tax saving fixed deposit is not auto-renewed on maturity
  • An investor may choose to receive the interest monthly. However, the interest rate will be discounted.

Flexi Fixed Deposit

A Flexi Fixed Deposit is a unique type of deposit that combines the liquidity of savings and current accounts with the high returns of fixed deposits. Bharat Bank’s Flexi Fixed Deposit Facility allows you to invest in a unique manner. This allows for the automated transfer of funds to a fixed deposit when the balance in your savings or current account reaches certain thresholds. Moreover, with the reverse process, the funds are reversed in your savings or current account from your FD account when needed.

  • Minimum balance requirement is Rs.25,000
  • Sweep out to FD if balance exceeds Rs.50,000
  • Convert to FD in multiples of Rs.10,000
  • Maximum FD amount per sweep is Rs.5,00,000
  • Tenure of FD is 90 days
  • Automatic FD creation
  • Interest on FD is as per the interest rate for regular FD depending on the tenure
  • No charges for NEFT, RTGS, Cheque book, Demand Draft, bulk cash deposit 

Bharat Daily Deposit (PYGMY)

  • Bharat Bank’s representative collects deposits at the depositor’s doorstep daily. The depositor may select a convenient time. The intent is to help depositors instil a savings habit and build a corpus.
  • Due to daily investment objectives, the minimum deposit required is Rs.25 or multiples thereof.
  • The depositor can withdrawable the amount deposited anytime. 
  • An advance or loan facility is available for upto 75% of the balance.

How To Open Bharat Bank FD?

You can open a fixed deposit with Bharat Bank either through internet banking or by visiting the bank branch.

Internet Banking

  • To open the account through internet banking you need to login into your account
  • Go to ‘Open a fixed deposit’
  • Fill the application with details such as amount, maturity instructions, tenure, nomination, and interest payout.
  • Continue and submit the form
  • You will receive an OTP on your mobile number and email address. Enter the OTP
  • The deposit amount will be deducted from your linked savings account and your FD account will be created.


  • You can visit the nearest the branch office of the bank
  • Obtain the application form, fill it, and submit 
  • On successful verification of the details, the FD account will be created.