100+ 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 24x7 instant IMPS/NEFT money transfers, Mobile Banking App, BHIM UPI payments, instant SMS alerts, and CTS cheque clearing.
Karmachari Mobile Banking
Check balances, generate mini statements, manage FD/RD deposits, and initiate intra-bank and inter-bank transfers on the go.
24x7 IMPS, NEFT & RTGS
Send money instantly to any bank account in India 24 hours a day, 365 days a year with zero delay.
BHIM UPI & QR Scanner
Scan merchant QR codes or send payments directly using VPA address with seamless BHIM UPI integration.
SMS Alerts & CTS Clearing
Get instant mobile SMS alerts for debit/credit entries, along with speedier CTS image-based cheque clearing.
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 3.50% p.a. interest with passbook & NEFT facility.
Current Account
Ideal for businesses, institutions, professionals, and traders with zero balance options & high limits.
Fixed Deposits
Up to 8.50% p.a. — highest cooperative FD rates in Nashik. Senior citizen bonus of 0.50%.
Recurring Deposit
Build a substantial corpus starting from just ₹500/month. Guaranteed high returns up to 9.00% p.a. with quarterly compounding.
Housing Loan (MEMHLN)
Home loans up to ₹50 Lakhs at 8.90% p.a. for buying flat, bungalow, or construction with salary-linked EMI.
Personal Loan (NTL)
New Term Loan up to ₹20 Lakhs at 10.40% p.a. for personal, family & domestic needs of government staff.
Education Loan
Higher education loans up to ₹15 Lakhs at 8.90% p.a. for degree, medical & technical courses in India & abroad.
Vehicle Loan
Car and 2-wheeler loans at 8.90% p.a. Fast disbursement within 3 working days with 7-year repayment.
High-Yield Deposits & Concessional Loans
Special 550 Days FD Scheme @ 9.00% p.a.
Celebrate with highest deposit yields! Unmatched 9.00% p.a. interest rate for 550-day fixed deposits.
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 |
|---|---|---|---|---|
| 21 – 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 | 8.00% | 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
Find Us Near You
5 branches serving Nashik district — all CBS enabled
Main Branch & Head Office (Raviwar Karanja)
Address & Location
Mayuresh Chambers, Near Chandich Ganpati, Gaydhani Lane, Raviwar Karanja, Nashik – 422001
Banking Hours
Mon–Fri: 10:00 AM – 4:30 PM | Sat: 10:00 AM – 2:00 PM
Phone
0253-2591010
mainbranch@karmacharibanknashik.in
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 106 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.
Meritorious Student Felicitation Ceremony (Gunagaurav Sohala 2025)
On the occasion of our Foundation Day, the annual Meritorious Student Felicitation Ceremony will be held on Monday, September 22, 2025, at Mahakavi Kalidas Kalamandir, Nashik.
Venue: Mahakavi Kalidas Kalamandir, Shalimar Chowk, Nashik
Time: 4:30 PM Onwards
Election of Hon. Chairman & Vice-Chairman (FY 2025–26)
Hon. Shri. Nilesh Yadavrao Deshmukh and Hon. Shri. Dhanashri Bhalchandra Kapadnis have been elected unopposed as Chairman and Vice-Chairman respectively.
Notice of the 105th Annual General Meeting (For Members Only)
The 105th Annual General Meeting for FY 2024–25 will be held on Sunday, June 22, 2025, at 11:00 AM at Parshuram Saikhedkar Natyagruha, Nashik.
Meritorious Student Felicitation Ceremony (Gunagaurav Sohala 2024)
The annual student felicitation ceremony for 2024 was grandly conducted on Sunday, September 22, 2024, at Gurudakshina Hall, College Road, Nashik.
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.
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Frequently Asked Questions
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Nashik, Maharashtra
Serving 15+ Branches across district
Head Office Address
Mayuresh Chambers, Near Chandich Ganpati, Gaydhani Lane, Raviwar Karanja, Nashik – 422001
Banking Hours
Mon–Fri: 10:00 AM – 4:30 PM Saturday: 10:00 AM – 2:00 PM (2nd & 4th Sat Holiday)
Customer Helpline
0253-2591010 / 0253-2591011
Official Email
info@karmacharibanknashik.in support@karmacharibanknashik.in
Send Us a Direct Message
We prioritize queries from government employees & reply within 1 working day