The Gandhidham Mercantile Co-operative Bank Ltd. Fixed Deposit interest rates · October 2026
Gandhidham Mercantile Bank's best Fixed Deposit rate is 7.00% (10 years), 1.25 points below the best on the market (8.25%).
- Seniors: up to 7.25% (12 Months to 36 Months), 0.50 points above the general rate for that tenure.
Showing 7 of 8 rates.
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
15 Days to 29 Days |
4.00% | 4.00% | Any amount | 1 Apr 2021 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
30 Days to 90 Days |
4.50% | 4.50% | Any amount | 1 Apr 2021 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
91 Days to 180 Days |
6.00% | 6.00% | Any amount | 1 Apr 2021 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
181 Days to 364 Days |
6.50% | 6.50% | Any amount | 1 Apr 2021 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
12 Months to 36 Months Below ₹15 lakh |
6.75% | 7.25% | Below ₹15 lakh | 1 Apr 2021 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
12 months to 36 months ₹15 lakh and above |
7.00% | 7.50% | ₹15 lakh and above | 8 Dec 2021 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
Above 36 Months to 72 Months |
6.50% | 7.00% | Any amount | 1 Apr 2021 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
10 years Double (10 years) |
7.00% | 7.00% | Any amount | 1 Apr 2021 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
No rates match these filters.
Gandhidham Mercantile Bank FD returns at a glance based on investment amount
| Deposit | ~1 year6.75% | ~3 years6.75% | ~5 years6.50% | ~10 years7.00% |
|---|---|---|---|---|
| ₹50,000 | ₹53,461₹281/mo | ₹61,120₹281/mo | ₹69,021₹271/mo | ₹1,00,080₹292/mo |
| ₹1 lakh | ₹1,06,923₹563/mo | ₹1,22,239₹563/mo | ₹1,38,042₹542/mo | ₹2,00,160₹583/mo |
| ₹2 lakh | ₹2,13,846₹1,125/mo | ₹2,44,479₹1,125/mo | ₹2,76,084₹1,083/mo | ₹4,00,319₹1,167/mo |
| ₹5 lakh | ₹5,34,614₹2,813/mo | ₹6,11,196₹2,813/mo | ₹6,90,210₹2,708/mo | ₹10,00,799₹2,917/mo |
| ₹10 lakh | ₹10,69,228₹5,625/mo | ₹12,22,393₹5,625/mo | ₹13,80,420₹5,417/mo | ₹20,01,597₹5,833/mo |
Illustrative · quarterly compounding · rates as of 22 Oct 2026. Maturity assumes cumulative FD; monthly figure is simple interest ÷ 12 (non-cumulative payout). Not a bank quote — verify on the bank's site. DICGC insures up to ₹5 lakh per depositor per bank.
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- FD doubling scheme
Chart shows the Below ₹15 lakh rates; other deposit amounts are in the table above.
General rate by tenure (% p.a.)
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
Chart shows the Below ₹15 lakh rates; other deposit amounts are in the table above.
Senior rate by tenure (% p.a.)
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
No additional super-senior premium — showing Senior rates.
Chart shows the Below ₹15 lakh rates; other deposit amounts are in the table above.
Senior rate by tenure (% p.a.)
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
Gandhidham Mercantile Bank Fixed Deposit rate changes
Changes to Gandhidham Mercantile Bank's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 22 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 Gandhidham Mercantile Bank's fixed deposit (FD) rates has been recorded since tracking started on 22 Oct 2026.
Compare Gandhidham Mercantile Bank with similar banks
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Best FD rates among urban co-operative banks → Best FD rates in Gujarat →
Gandhidham Mercantile Bank Fixed Deposit: frequently asked questions
What is the highest Gandhidham Mercantile Bank Fixed Deposit interest rate?
As of 22 Oct 2026, The Gandhidham Mercantile Co-operative Bank Ltd. offers up to 7.00% p.a. on its fixed deposit (FD) (10 years) for general customers and 7.25% p.a. (12 Months to 36 Months) for senior citizens. Rates below are as published by the bank — confirm with Gandhidham Mercantile Bank before investing.
What is the Gandhidham Mercantile Bank 1-year FD interest rate?
As of 22 Oct 2026, The Gandhidham Mercantile Co-operative Bank Ltd. offers 6.75% p.a. on a 1-year FD for general customers and 7.25% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Apr 2021 and was last verified 22 Oct 2026. Source: the bank's official rate page.
What is the Gandhidham Mercantile Bank 2-year FD interest rate?
As of 22 Oct 2026, The Gandhidham Mercantile Co-operative Bank Ltd. offers 6.75% p.a. on a 2-year FD for general customers and 7.25% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Apr 2021 and was last verified 22 Oct 2026. Source: the bank's official rate page.
What is the Gandhidham Mercantile Bank 3-year FD interest rate?
As of 22 Oct 2026, The Gandhidham Mercantile Co-operative Bank Ltd. offers 6.75% p.a. on a 3-year FD for general customers and 7.25% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Apr 2021 and was last verified 22 Oct 2026. Source: the bank's official rate page.
What is the Gandhidham Mercantile Bank 5-year FD interest rate?
As of 22 Oct 2026, The Gandhidham Mercantile Co-operative Bank Ltd. offers 6.50% p.a. on a 5-year FD for general customers and 7.00% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Apr 2021 and was last verified 22 Oct 2026. Source: the bank's official rate page.
Do senior citizens get higher Fixed Deposit rates at Gandhidham Mercantile Bank?
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at The Gandhidham Mercantile Co-operative Bank Ltd., depending on the tenure.
When did Gandhidham Mercantile Bank last change its Fixed Deposit rates?
RateScan.in has recorded no change to The Gandhidham Mercantile Co-operative Bank Ltd.'s fixed deposit (FD) rates since it started tracking them on 22 Oct 2026.
What fixed deposit (FD) tenures does Gandhidham Mercantile Bank offer?
The Gandhidham Mercantile Co-operative Bank Ltd.'s published fixed deposit (FD) rate table has 6 tenure bands, from “15 Days to 29 Days” to “Above 36 Months to 72 Months”.
Does Gandhidham Mercantile Bank pay different fixed deposit (FD) rates by deposit size?
Yes. The Gandhidham Mercantile Co-operative Bank Ltd.'s table lists separate bands: Any amount; Below ₹15 lakh; ₹15 lakh and above. Each row shows the band it applies to.
Does Gandhidham Mercantile Bank have special fixed deposit (FD) schemes?
The Gandhidham Mercantile Co-operative Bank Ltd.'s rate table lists these named schemes (1): Double (10 years). Check eligibility and end dates with the bank.
Does Gandhidham Mercantile Bank pay more than the Post Office Time Deposit?
The Gandhidham Mercantile Co-operative Bank Ltd. pays more than the Post Office Time Deposit at 0 of 4 standard tenures compared (general rates). Rates: 1y 6.75% (PO 6.90%), 2y 6.75% (PO 7.00%), 3y 6.75% (PO 7.10%), 5y 6.50% (PO 7.50%). PO is the Post Office Time Deposit rate.
How does Gandhidham Mercantile Bank's 1-year FD rate rank?
The Gandhidham Mercantile Co-operative Bank Ltd.'s 1-year general FD rate of 6.75% ranks #136 of 333 banks on RateScan.in (as of 22 Oct 2026). The highest is Sangli DCCB at 8.25%.
Is my fixed deposit (FD) with Gandhidham Mercantile Bank insured?
Deposits with The Gandhidham 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 Gandhidham Mercantile Bank rates?
RateScan.in refreshed this dataset on 22 Oct 2026; the bank's rates shown here are effective 1 Apr 2021. Rates can change without notice, so verify on the official Gandhidham Mercantile Bank website before investing.
More Gandhidham Mercantile Bank rates
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Cumulative FD, quarterly compounding. Illustrative, not a bank quote.
Good to know
- Deposits with The Gandhidham 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.
- Gandhidham Mercantile 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 Gandhidham Mercantile Bank, depending on the tenure.
- Gandhidham Mercantile Bank's FD table includes 1 special schemes; check eligibility and end dates.
Informational only — always confirm the current rate on the official Gandhidham Mercantile 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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