Rates verified from official source

The Ahmednagar Merchants' Co-operative Bank Ltd. interest rates · November 2026

Ahmednagar Merchants' Co-op Bank FD rates

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What will my FD earn at Ahmednagar Merchants' Co-op Bank?

Estimated value after 1 year · before tax ₹5,30,682 6.00% p.a. · ₹30,682 interest · quarterly compounding

Overview

The Ahmednagar Merchants' Co-operative Bank Ltd. (Ahmednagar Merchants' Co-op Bank) is an urban co-operative bank (UCB), headquartered in Ahmednagar. Its headline 1-year FD rate of 6.00% is 0.65% below the urban co-operative bank average of 6.65%, ranking #817 of 1033 banks on RateScan.in.

Headquarters
Ahmednagar
Monitored since
25 Oct 2026
Operates in
Maharashtra

Rates as of 19 Nov 2025, verified from official source. Urban co-operative bank, regulated by RBI and the state Registrar of Co-operative Societies: deposits insured by DICGC up to ₹5,00,000. One of 961 co-operative banks whose rates we checked at the source in the last 7 days.

RBI record

No RBI press release since 1 Jan 2024 names The Ahmednagar Merchants' Co-operative Bank Ltd.. We read RBI's press releases every week; last checked on 11 Nov 2026.

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

18 branches in 4 districts

Most branches: Ahmednagar 12, Pune 3, Aurangabad 2

From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.

Ahmednagar Merchants' Co-op Bank Fixed Deposit rate changes

Changes to Ahmednagar Merchants' Co-op Bank's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 25 Oct 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

No change to Ahmednagar Merchants' Co-op Bank's fixed deposit (FD) rates has been recorded since tracking started on 25 Oct 2026.

Good to know

  • Deposits with The Ahmednagar Merchants' Co-operative Bank Ltd. are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • Ahmednagar Merchants' Co-op Bank is an urban co-operative bank. Co-operative banks are regulated by the RBI together with the state registrar of co-operative societies; check that the bank is covered by DICGC before depositing.
  • Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Ahmednagar Merchants' Co-op Bank, depending on the tenure.

Informational only. Always confirm the current rate on the official Ahmednagar Merchants' Co-op Bank website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.

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