TJSB Sahakari Bank - Fixed Deposit Rates

As of September 2026, TJSB Sahakari Bank offers a highest interest rate of 7.00% p.a. for general citizens and 7.25% p.a. for senior citizens on fixed deposits.

Yes, TJSB Sahakari Bank is a registered bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by DICGC, which covers both principal and accrued interest.

TJSB Sahakari Bank is a scheduled multi-state co-operative bank operating a network of 172 branches across 7 states and union territories: Maharashtra, Goa, Karnataka, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan. If you reside in any of these states, you can open a Fixed Deposit at any of their branches or via their digital banking channels.

The minimum tenure for a fixed deposit with TJSB Sahakari Bank starts from 7 Days. Longer tenures may offer higher interest rates.

Yes, TJSB Sahakari Bank offers an additional benefit of up to 0.25% p.a. over the general citizen rate for senior citizens (aged 60 and above).

Yes, interest earned on fixed deposits is taxable as per your income tax slab. TDS is deducted at 10% if total interest exceeds ₹50,000 per year (₹1,00,000 for senior citizens). You can submit Form 121 (which replaced Form 15G/15H from April 2026) to avoid TDS if your total income is below the taxable limit.

TJSB Sahakari Bank charges a flat 1% penalty. Interest is recalculated at the card rate applicable — on the booking date — for the period the deposit actually stayed, or the contracted rate, whichever is lower, and 1% is deducted from that. Deposits closed within 7 days earn no interest.

As of September 2026, TJSB Sahakari Bank offers special FD rates for 15 days at 4.75%.