BMC Bank (Mumbai) NRE FD Rates: up to 6.35%

BMC Bank (Mumbai)'s best NRE Fixed Deposit rate is 6.35% (2 Year less than 3 Years), 1.10 points below the best on the market (7.45%).

Tenure	General	Senior	Applies to	Effective On	Source
1 Year To less Than 2 Years	6.15%	—	Any amount	18 Jun 2025	official fetched 10 Oct 2026 ✓ verified 18 Oct 2026
2 Year less than 3 Years	6.35%	—	Any amount	18 Jun 2025	official fetched 10 Oct 2026 ✓ verified 18 Oct 2026
3 years less than 5 Years	6.20%	—	Any amount	18 Jun 2025	official fetched 10 Oct 2026 ✓ verified 18 Oct 2026
For 5 Years	6.00%	—	Any amount	18 Jun 2025	official fetched 10 Oct 2026 ✓ verified 18 Oct 2026

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

35 banks serving Maharashtra pay more. Top picks:

Co-operative Highest KAIJS Bank 7.10% +0.95% vs BMC Bank (Mumbai) Private Bandhan 7.00% +0.85% vs BMC Bank (Mumbai) Public Sector BOI 6.50% +0.35% vs BMC Bank (Mumbai)

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BMC Bank (Mumbai) NRE FD rate changes

Changes to BMC Bank (Mumbai)'s NRE fixed deposit rates that RateScan.in has recorded since it started tracking them on 10 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 BMC Bank (Mumbai)'s NRE fixed deposit rates has been recorded since tracking started on 10 Oct 2026.

BMC Bank (Mumbai) NRE FD: frequently asked questions

What is the highest BMC Bank (Mumbai) NRE FD interest rate?

As of 18 Oct 2026, Bombay Mercantile Co-operative Bank Ltd. offers up to 6.35% p.a. on its NRE fixed deposit (2 Year less than 3 Years) for general customers. Rates below are as published by the bank — confirm with BMC Bank (Mumbai) before investing.

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Do senior citizens get higher NRE FD rates at BMC Bank (Mumbai)?

Bombay Mercantile Co-operative Bank Ltd. does not publish a separate senior citizen premium for these deposits in our data. Check the bank's official rate card for any senior-citizen offers.

Is interest on BMC Bank (Mumbai) NRE FDs taxable in India?

Interest on NRE deposits is generally exempt from income tax in India for eligible Non-Resident Indians. Tax rules depend on your residential status and the country you live in, so confirm with a tax advisor.

When did BMC Bank (Mumbai) last change its NRE FD rates?

RateScan.in has recorded no change to Bombay Mercantile Co-operative Bank Ltd.'s NRE fixed deposit rates since it started tracking them on 10 Oct 2026.

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What NRE fixed deposit tenures does BMC Bank (Mumbai) offer?

Bombay Mercantile Co-operative Bank Ltd.'s published NRE fixed deposit rate table has 4 tenure bands, from “1 Year To less Than 2 Years” to “For 5 Years”.

Is my NRE fixed deposit with BMC Bank (Mumbai) insured?

Deposits with Bombay Mercantile Co-operative Bank Ltd. are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these BMC Bank (Mumbai) rates?

RateScan.in refreshed this dataset on 18 Oct 2026; the bank's rates shown here are effective 18 Jun 2025. Rates can change without notice, so verify on the official BMC Bank (Mumbai) website before investing.

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More BMC Bank (Mumbai) rates

BMC Bank (Mumbai) overview BMC Bank (Mumbai) Fixed Deposit rates

NRE FD rates at other banks

Bandhan NRE FD rates BoB NRE FD rates Yes NRE FD rates City Union NRE FD rates TMB NRE FD rates KVB NRE FD rates KAIJS Bank NRE FD rates IDFC First NRE FD rates Cosmos Bank NRE FD rates IndusInd NRE FD rates Best NRE FD rates across all banks

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.

Informational only — always confirm the current rate on the official BMC Bank (Mumbai) 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.

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