The Mandvi Mercantile Co-operative Bank Ltd. Savings Account interest rates · October 2026
Mandvi Mercantile Bank's best Savings Account rate is 2.75% (All balances), 2.25 points below the best on the market (5.00%).
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
Any tenure |
2.75% | 2.75% | All balances | 17 Aug 2020 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
Mandvi Mercantile Bank Savings rate changes
Changes to Mandvi Mercantile Bank's savings account 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 Mandvi Mercantile Bank's savings account rates has been recorded since tracking started on 22 Oct 2026.
Mandvi Mercantile Bank Savings: frequently asked questions
What is the highest Mandvi Mercantile Bank Savings interest rate?
As of 22 Oct 2026, The Mandvi Mercantile Co-operative Bank Ltd. offers up to 2.75% p.a. on its savings account (All balances) for general customers. Rates below are as published by the bank — confirm with Mandvi Mercantile Bank before investing.
When did Mandvi Mercantile Bank last change its Savings rates?
RateScan.in has recorded no change to The Mandvi Mercantile Co-operative Bank Ltd.'s savings account rates since it started tracking them on 22 Oct 2026.
Is my savings account with Mandvi Mercantile Bank insured?
Deposits with The Mandvi 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 Mandvi Mercantile Bank rates?
RateScan.in refreshed this dataset on 22 Oct 2026; the bank's rates shown here are effective 17 Aug 2020. Rates can change without notice, so verify on the official Mandvi Mercantile Bank website before investing.
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Good to know
- Deposits with The Mandvi 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.
- Mandvi 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 Mandvi Mercantile Bank, depending on the tenure.
Informational only — always confirm the current rate on the official Mandvi 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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