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

Bharat Bank Fixed Deposit

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Interest for 3 years

Bharat Bank FD Interest Rates 2024

TenureNormal Citizen FD RateSenior Citizen FD Rate
- 0%0%

Note: All interest rates shown above are as on 1st Jan 1970

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

0% - 0%

FD Rate

0% - 0%

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 0%For 5 years with interest of 0%
₹ 50,000 ₹ 50,000₹ 50,000
₹ 1 lakh ₹ 1,00,000₹ 1,00,000
₹ 2 lakh ₹ 2,00,000₹ 2,00,000
₹ 5 lakh ₹ 5,00,000₹ 5,00,000
₹ 10 lakh ₹ 10,00,000₹ 10,00,000

Compare Bharat Bank Fixed Deposit Returns with Top Banks

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

Bharat Bank FD
Bharat Bank FD
Maturity Amount 1,00,000 1,06,485
Total Investment Amount₹ 1,00,000₹ 1,00,000
Total Interest Gained0 6,485

Compare Bharat Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
6.3% - 6.8%
Suryoday Small Finance Bank FD
8.6% - 9.1%
Indian Bank FD
6.25% - 6.75%
Chaitanya Godavari Grameena Bank FD
7.25% - 7.75%
Sundaram Finance FD
7.75% - 8.25%
IDFC First Bank FD
7.25% - 7.75%
Utkal Grameen Bank FD
6.5% - 7%
South Indian Bank FD
6.7% - 7.2%
5.8% - 6.3%
Karnataka Bank FD
6.5% - 6.9%

Calculate Bharat Bank FD Returns


Total Investment


Wealth Gained


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.

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.

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.

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.

Explore Fixed Deposits By Banks

Frequently Asked Questions

What is the highest Bharat Bank FD rate today?

The highest Bharat Bank FD rates for general citizens is 0% p.a. and 0% p.a. for senior citizens.

What is the highest interest rate on Bharat Bank 1 year FD scheme?

The highest interest rate on Bharat Bank 1 year FD scheme is 0% p.a.

What is Bharat Bank FD scheme interest rate for 5 years?

-% p.a is the interest rate for 5 years on Bharat Bank FD scheme.

How many years FD will double in Bharat Bank ?

To know in how many years Bharat Bank Bank FD will double, we can follow the 72 rule. We have to divide 72 by the interest rate, and the result will be the number of years Bharat Bank Bank FD will double. The current highest Bharat Bank FD interest rate is 0% so investors will double the investment in Infinity years. Similarly, senior citizen depositors will double their FD investment in Infinity years, where the highest FD rate for senior citizens is 0%.

What is Bharat Bank FD minimum deposit amount?

The minimum investment in Bharat Bank FD is INR 15,00,000. However, there is no limit on the maximum amount of investment in Bharat Bank FD.

What is senior citizen fixed deposit interest rates in Bharat Bank ?

The senior citizen fixed deposit interest rates in Bharat Bank range between 0% to 0% p.a. for an available minimum and maximum investment duration.

What are the available FD tenures in Bharat Bank ?

Bharat Bank FD tenure ranges from to

What is Bharat Bank FD ROI for 10 lakh deposit for 1 year?

The interest from the Bharat Bank FD calculator for 10 lakh deposit for 1 year will be INR 0. The maturity value will be INR 10,00,000. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.

How to check the fixed deposit balance in Bharat Bank ?

You can check Bharat Bank FD balance either online or offline mode. For online mode, log in to the Bharat Bank internet banking portal. Alternatively, you can visit the nearest Bharat Bank bank to update your passbook for FD balance enquiry.

How many FDs can be opened in Bharat Bank ?

There is no restriction on the number of FDs you can open with Bharat Bank .