The Deccan Merchants Co-operative Bank Ltd. Fixed Deposit interest rates · November 2026
What will my FD earn at Deccan Merchants Bank?
| Tenure | General | Senior | Super Sr. | Applies to | Effective On | Source |
|---|---|---|---|---|---|---|
7 days to 45 days |
3.30% | 3.80% | – | Any amount | 1 Jun 2024 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
46 days to 179 days |
5.30% | 5.80% | – | Any amount | 1 Jun 2024 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
180 days to 210 days |
6.05% | 6.55% | – | Any amount | 1 Jun 2024 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
211 days to less than 1 year |
6.30% | 6.80% | – | Any amount | 1 Jun 2024 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
1 year to less than 2 year |
6.50% | 7.00% | – | Any amount | 1 Jun 2024 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
400 days Amrit Vrishti |
6.85% | 7.35% | 7.45% | Any amount | 1 Jun 2024 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
444 days Amrit Kalash |
6.70% | 7.20% | 7.30% | Any amount | 1 Jun 2024 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
2 year to less than 3 year |
6.70% | 7.20% | – | Any amount | 1 Jun 2024 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
3 year to less than 5 year |
6.55% | 7.05% | – | Any amount | 1 Jun 2024 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
5 year to 10 year |
7.00% | 7.50% | – | Any amount | 1 Jun 2024 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
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Deccan Merchants Bank FD return examples
Open a figure in the FD calculator. Darker shade = higher rate. ★ marks the highest estimated interest over one year at that rate. Maturity uses quarterly compounding. The monthly figure is simple annual interest divided by 12. Rates as of 14 Nov 2026. Confirm the current rate and payout terms with the bank. DICGC’s limit includes eligible balances and accrued interest held at the same bank in the same right and capacity.
FD rates by tenure
1 year
6.50%- Domestic retail term deposits, new and renewal; valid till further instructions
Before you book
Deccan Merchants Bank Fixed Deposit: frequently asked questions
What is the highest Deccan Merchants Bank Fixed Deposit interest rate?
As of 14 Nov 2026, The Deccan Merchants Co-operative Bank Ltd. offers up to 7.00% p.a. on its fixed deposit (FD) (5 year to 10 year) for general customers and 7.50% p.a. (5 year to 10 year) for senior citizens. Rates below are as published by the bank. Confirm with Deccan Merchants Bank before investing.
What is the Deccan Merchants Bank 1-year FD interest rate?
As of 14 Nov 2026, The Deccan Merchants Co-operative Bank Ltd. offers 6.50% p.a. on a 1-year FD for general customers and 7.00% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Jun 2024 and was last verified 13 Nov 2026. Source: the bank's official rate page.
What is the Deccan Merchants Bank 2-year FD interest rate?
As of 14 Nov 2026, The Deccan Merchants Co-operative Bank Ltd. offers 6.70% p.a. on a 2-year FD for general customers and 7.20% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Jun 2024 and was last verified 13 Nov 2026. Source: the bank's official rate page.
What is the Deccan Merchants Bank 3-year FD interest rate?
As of 14 Nov 2026, The Deccan Merchants Co-operative Bank Ltd. offers 6.55% p.a. on a 3-year FD for general customers and 7.05% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Jun 2024 and was last verified 13 Nov 2026. Source: the bank's official rate page.
What is the Deccan Merchants Bank 5-year FD interest rate?
As of 14 Nov 2026, The Deccan Merchants Co-operative Bank Ltd. offers 7.00% p.a. on a 5-year FD for general customers and 7.50% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Jun 2024 and was last verified 13 Nov 2026. Source: the bank's official rate page.
Do senior citizens get higher Fixed Deposit rates at Deccan Merchants Bank?
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at The Deccan Merchants Co-operative Bank Ltd., depending on the tenure.
When did Deccan Merchants Bank last change its Fixed Deposit rates?
RateScan.in has recorded no change to The Deccan Merchants Co-operative Bank Ltd.'s fixed deposit (FD) rates since it started tracking them on 6 Nov 2026.
What fixed deposit (FD) tenures does Deccan Merchants Bank offer?
The Deccan Merchants Co-operative Bank Ltd.'s published fixed deposit (FD) rate table has 8 tenure bands, from “7 days to 45 days” to “5 year to 10 year”.
Does Deccan Merchants Bank have special fixed deposit (FD) schemes?
The Deccan Merchants Co-operative Bank Ltd.'s rate table lists these named schemes (2): Amrit Vrishti; Amrit Kalash. Check eligibility and end dates with the bank.
Does Deccan Merchants Bank pay more than the Post Office Time Deposit?
The Deccan Merchants Co-operative Bank Ltd. pays more than the Post Office Time Deposit at 0 of 4 standard tenures compared (general rates). Rates: 1y 6.50% (PO 6.90%), 2y 6.70% (PO 7.00%), 3y 6.55% (PO 7.10%), 5y 7.00% (PO 7.50%). PO is the Post Office Time Deposit rate.
How does Deccan Merchants Bank's 1-year FD rate rank?
The Deccan Merchants Co-operative Bank Ltd.'s 1-year general FD rate of 6.50% ranks #594 of 1033 banks on RateScan.in (as of 14 Nov 2026). The highest is Kattappana Urban Co-op Bank at 9.50%.
Is my fixed deposit (FD) with Deccan Merchants Bank insured?
Deposits with The Deccan Merchants Co-operative Bank Ltd. are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
How current are these Deccan Merchants Bank rates?
RateScan.in refreshed this dataset on 14 Nov 2026; the bank's rates shown here are effective 1 Jun 2024. Rates can change without notice, so verify on the official Deccan Merchants Bank website before investing.
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Good to know
- Deposits with The Deccan 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.
- Deccan Merchants 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 Deccan Merchants Bank, depending on the tenure.
- Deccan Merchants Bank's FD table includes 2 special schemes; check eligibility and end dates.
Informational only. Always confirm the current rate on the official Deccan Merchants 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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