Welcome to Kokan Mercantile Co. Op. Bank Ltd.
service charges

Revision in Interest Rates on Retail Domestic Term Deposits. The revised interest rates are as under:

(Rates in % p.a)
General Public Senior Citizen
Tenors Rates for Public w.e.f. 21/05/2025 Revised Rates for Public w.e.f. 18/06/2025 Rates for Senior Citizen w.e.f. 21/05/2025 Revised Rates for Senior Citizen w.e.f. 18/06/2025
7 days to 45 days 3.30 3.05 3.80 3.55
46 days to 179 days 5.30 5.05 5.80 5.55
180 days to 210 days 6.05 5.80 6.55 6.30
211 days to less than 1 year 6.30 6.05 6.80 6.55
1 Year to less than 2 years 6.50 6.25 7.00 6.75
2 years to less than 3 years 6.70 6.45 7.20 6.95
3 years to less than 5 years 6.55 6.30 7.05 6.80
5 years and up to 10 years 6.30 6.05 7.30 7.05
Special Deposit for 444 Days 6.85 6.60 7.35 7.10

Interest Rates on Savings Bank Deposits:

Particulars Rate of Interest Rate of Interest w.e.f. 18.06.2025
All Saving Accounts 2.70% p.a. 2.50% p.a.

Recurring Deposit Interest Rates w.e.f. 17.06.2025

General Public Senior Citizen
Tenors Existing Rates for Public Revised Rates for Public w.e.f. 18/06/2025 Rates for Senior Citizen  Revised Rates for Senior Citizen w.e.f. 18/06/2025
1 year to less than 2 years 6.80 6.80% 7.30 7.30%
2 years to less than 3 years 7.00 7.00% 7.50 7.50%
3 years to less than 5 years 6.50 6.75% 7.00 7.25%
5 years and up to 10 years 6.50 6.50% 7.00 7.50%

For more details contact nearest branch or customer care E-mail ID :customercare@kokanbank.in

Harbour Crest, Mazgaon T.T., Mumbai - 400 010.

+91-22 2372 3753, 2372 9969, 2637 9971, 2373 4202, 2373 4311

Top