Rates verified from official source

Bombay Mercantile Co-operative Bank Ltd. interest rates · October 2026

Top FD rate
6.35%
2 Years to less than 3 year
Senior citizen FD
6.85%
2 Years to less than 3 year

Overview

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Bombay Mercantile Co-operative Bank Ltd. (BMC Bank (Mumbai)) is an urban co-operative bank (UCB), headquartered in Mumbai. Its headline 1-year FD rate of 6.15% is 0.11% below the urban co-operative bank average of 6.26%, ranking #208 of 248 banks on RateScan.in. RateScan.in tracks 26 published rate lines for BMC Bank (Mumbai) (product types: 2), last verified 18 Oct 2026. CRAR / NPA figures are not available for this bank.

Headquarters
Mumbai
Operates in
Maharashtra, Gujarat

Rates as of 18 Jun 2025, verified from official source. Majority Government-of-India owned — deposits insured by DICGC up to ₹5,00,000.

Higher 1 year Fixed Deposit rates than BMC Bank (Mumbai)

56 banks serving Maharashtra pay more. Top picks:

Co-operative Highest Sangli DCCB 8.25% +2.10% vs BMC Bank (Mumbai) Small Finance Suryoday 7.25% +1.10% vs BMC Bank (Mumbai) Private RBL 7.05% +0.90% vs BMC Bank (Mumbai)

See every higher rate in Maharashtra →

Good to know

  • Deposits with Bombay Mercantile 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.
  • BMC Bank (Mumbai) 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 BMC Bank (Mumbai), depending on the tenure.
  • BMC Bank (Mumbai)'s FD table includes 2 special schemes; check eligibility and end dates.
official Effective 18 Jun 2025 · Ingested 10 Oct 2026 · Verified 18 Oct 2026 · View source

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