106+ Years of Trust &
Excellence
Empowering the Sarkari and Parishad Karmacharis of Nashik district with secure, modern, and reliable banking solutions..
A century of strength & trust
Years of Service
Est. 1920
Share Capital
₹ Crores
CRAR Ratio
Capital Adequacy
Branches
Across Nashik Dist.
Member Rating
Customer Satisfaction
Deposit Safety
DICGC Insured
A Bond of Trust, Digital Banking Easy & Secure!
Powered by 100% Core Banking Solution (CBS). Enjoy 24×7 instant IMPS/NEFT money transfers, Mobile Banking App, instant SMS alerts, and CTS cheque clearing.
24×7 IMPS, NEFT & RTGS Money Transfer
Send and receive money instantly to any bank account in India 24 hours a day, 365 days a year with zero delay. Completely safe, reliable, and CBS-integrated.
Karmachari Mobile Banking App
Check balances, generate mini statements, manage FD/RD deposits, and initiate intra-bank and inter-bank transfers on the go.
Download App
SMS Alerts & CTS Cheque Clearing
Get instant mobile SMS alerts for debit/credit entries, along with speedier CTS image-based cheque clearing.
Learn More
Deposits Insured Up To ₹5 Lakh Per Depositor
Karmachari Bank is fully registered under the Deposit Insurance and Credit Guarantee Corporation (DICGC), a 100% subsidiary of the Reserve Bank of India (RBI). All savings, current, and fixed deposits are insured up to ₹5 Lakh.
RBI Licensed Bank
Licence: UBD/MUM/MAH/0038/P/2009-10
DICGC Insured
Deposits up to ₹5 Lakh Insured
CBS Enabled
100% Connected Branches
NEFT / RTGS
IFSC: YESB0NZSPKB (24x7)
Tailored Schemes for Sarkari Karmacharis
Click "Know More" on any card to view detailed interest rates, benefits, documentation, and instant online application.
Savings Account
Zero minimum balance for members. Earn 4% p.a. interest with passbook & NEFT facility.
Fixed Deposits
Up to 8.50% p.a. — highest cooperative FD rates in Nashik. Senior citizen bonus of 0.50%.
Recurring Deposit
Start SIP-like saving from just ₹500/month. Flexible tenures from 12 to 60 months.
Housing Loan
पगार - लिंक्ड ईएमआय कपातीसह 9.25% दराने गृहकर्ज. 20 वर्षांपर्यंत.
Personal Loan
Instant approval for sarkari employees & students. Concessional rates from 10.50% p.a.
Education Loan
Higher education loans up to ₹15 Lakhs at 8.90% p.a. for degree, medical & technical courses in India & abroad.
Vehicle Loan
2-wheeler and 4-wheeler loans at 8.90% p.a. Fast disbursement within 3 working days.
Gold Loan
Instant gold loan at 8.75% p.a. against jewellery. Safe custody guaranteed.
High-Yield Deposits & Concessional Loans
Reinvestment Fixed Deposit
Earn attractive returns with safe long-term investments. Your interest compounds for maximum wealth growth.
Recurring Deposit Scheme
Build wealth by saving every month. Start from just ₹500/month with flexible tenures up to 60 months.
Kanyadan Deposit Scheme
Plan today for your daughter's future. Secure long-term savings with attractive interest and financial peace of mind.
100% DICGC Insured
Your deposits are fully protected
No Hidden Charges
100% transparent • No surprises
Best Interest Rates
Industry-leading returns
Dedicated Support
Always here to help you
Fixed Deposit Scheme RatesTop Returns
Senior Citizens (60+ yrs) get additional +0.50% p.a. interest on all tenures
| Deposit Tenure | General Public | Senior Citizens | Annualized Yield | Action |
|---|---|---|---|---|
| 29 – 90 Days | 5.00% | 5.50% | 5.10% | |
| 91 – 180 Days | 6.00% | 6.50% | 6.14% | |
| 181 – 364 Days | 6.50% | 7.00% | 6.66% | |
| 1 Year – 2 Years | 7.10% | 7.60% | 7.29% | |
| 2 Years – 3 YearsRECOMMENDED | 7.85% | 8.35% | 8.24% | |
| 3 Years – 5 Years | 7.25% | 7.75% | 7.45% | |
| Above 5 Years up to 10 Years | 7.50% | 8.00% | 7.71% |
Revised Loan Limits & Interest Rates effective from 01/08/2026 per Executive Committee Resolution No. 5 & Board of Directors Approval. Contact Administrative Office / Branches for details.
Plan Your Loan, Right Now
Instant EMI estimate — no login required
Home Loan Scheme (MEMHLN)
Starting from 8.90% p.a. | Fast approval for Sarkari employees
Adjust Your Requirements
Your Monthly EMI
₹10,355
per month for 5 Years
Why Karmachari Bank Stands Unrivaled
Since 1920, the strongest financial pillar for government employees across Nashik — combining historical trust with modern banking.
100+ Years of Glorious Legacy & Uninterrupted Service
From a humble cooperative credit society to a premier Urban Cooperative Bank — Karmachari Bank has stood resilient through every financial era, dedicated entirely to the prosperity of our members.
100+ Years of Trust
Celebrating a century of safeguarding community wealth — with zero default history and uninterrupted service.
Urban Cooperative Bank
Enjoy RBI-regulated reliability, DICGC deposit insurance up to ₹5 lakh, and multi-tier cyber security.
Built for Karmacharis
Exclusively for Sarkari & Parishad employees with salary-linked loans, pension benefits, and zero hidden charges.
Community First
Scholarship programs, health camps, and senior citizen aid — banking with a heart and a social conscience.
Our Journey Through Time
Our Branch Network
Visit any of our conveniently located branches across the Nashik district.
Head Office
Head Office Manager
To Be Assigned
Will be updated soon
Main Branch
Malegaon Branch
Malegaon Branch Manager
To Be Assigned
Will be updated soon
Yeola Branch
Kalwan Branch
Kalwan Branch Manager
To Be Assigned
Will be updated soon
Bhabha Nagar Branch
What Our Members Say
Real stories from Nashik's government employees
I have been banking with Karmachari Bank for over 30 years. Their senior citizen deposit rates are the best in Nashik, and the staff treats us like family. My children's education was funded entirely through their education loan scheme..
Ramesh Kadam
Retired Teacher, ZP Nashik
Getting a home loan was seamless. The documentation process was incredibly fast, and the salary-linked EMI deduction made repayment effortless. I'm proud to be a member of this institution.
Sneha Patil
Government Engineer, PWD
Trust is the most important factor when choosing a bank. With 104 years of history, Karmachari Bank provides unmatched security for my life savings. Their FD rates beat every nationalized bank.
Dr. Vinayak Joshi
Medical Officer, Civil Hospital
"The recurring deposit scheme helped me build a solid retirement corpus. The staff is knowledgeable and the entire proces..."
Sunita Bhosale
Principal, ZP School Nashik
"As a government official, I appreciate how this bank understands our unique needs. The vehicle loan was approved within ..."
Anil Shinde
Tahsildar, Nashik District
Average Member Rating
News & Announcements
Stay updated with our latest Meritorious Student Felicitation schedules, Board of Directors leadership elections, and Annual General Meeting (AGM) notices.
Centenary Festivals FD Scheme Launched
We are pleased to present our special centenary FD scheme with an interest rate of up to 9.00%. Secure your future today. Visit your nearest branch.
Venue: Bank Head Office, Raviwar Peth, Nashik
Time: 11:00 AM
7% Dividend Declared for Financial Year 2024-25
The Board of Directors has recommended an industry-leading 15% dividend for all active shareholders. Amount credited directly to savings accounts.
Gunagaurav Sohala 2025 - Application Deadline
Application submission deadline is Sept 18, 2025. Check 10th & 12th minimum percentage criteria for scholarship awards.
105th Annual General Meeting (AGM)
Conducted on Sunday, June 22, 2025 at Parshuram Saikhedkar Natyagruha, Nashik at 11:00 AM.
Your Security is Our Priority
Never share your OTP, PIN, or password with anyone — including bank staff. Karmachari Bank will never ask for your confidential details via calls, SMS, or email.
Need Help Choosing the Right Loan?
Our loan experts are available Mon–Sat, 10 AM to 5 PM. Request a callback and we'll reach you within 2 hours.
We're Here to Help You
Dedicated support channels for Nashik's Sarkari Karmacharis and citizens. Reach us anytime or explore our interactive support center.
Card Block & Fraud Report
Click to view 24/7 numbers →
Frequently Asked Questions
Instant answers to queries →
Request a Callback
We call you back in 30 mins →
Nashik, Maharashtra
Serving 5 CBS-Enabled Branches across district
Administrative Office Address
Som Heights, Samata Sankul, 1st Floor, Bhabha Nagar, Near Mumbai Naka, Nashik – 422011
Banking Hours
Bhabhanagar & Admin: Wed–Sun 9:00 AM–1:00 PM & 5:00 PM–8:30 PM (Mon 9-1, Tue Off) Main Branch (RK): Thu–Mon 9:00 AM–1:00 PM & 5:00 PM–8:30 PM (Tue 9-1, Wed Off) Malegaon, Yeola & Kalwan: Mon–Sat 10:00 AM–6:00 PM (2nd & 4th Sat & Sun Off)
Official Helpline
0253-2216111
Official Email
info@nzspks.bank.in
Send Us a Direct Message
We prioritize queries from government employees & reply within 1 working day