The Meghraj Nagarik Sahakari Bank Ltd. Recurring Deposit interest rates · October 2026
Meghraj Nagarik Bank's best Recurring Deposit rate is 5.75% (24 months), 2.25 points below the best on the market (8.00%).
- Seniors: up to 6.00% (24 months), 0.25 points above the general rate for that tenure.
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
12 months |
4.75% | 5.00% | Any amount | 3 Aug 2025 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
24 months |
5.75% | 6.00% | Any amount | 3 Aug 2025 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
36 months |
5.75% | 6.00% | Any amount | 3 Aug 2025 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
48 months |
5.75% | 6.00% | Any amount | 3 Aug 2025 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
60 months |
5.75% | 6.00% | Any amount | 3 Aug 2025 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
Meghraj Nagarik Bank Recurring Deposit rate changes
Changes to Meghraj Nagarik Bank's recurring deposit (RD) 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 Meghraj Nagarik Bank's recurring deposit (RD) rates has been recorded since tracking started on 22 Oct 2026.
Meghraj Nagarik Bank Recurring Deposit: frequently asked questions
What is the highest Meghraj Nagarik Bank Recurring Deposit interest rate?
As of 22 Oct 2026, The Meghraj Nagarik Sahakari Bank Ltd. offers up to 5.75% p.a. on its recurring deposit (RD) (24 months) for general customers and 6.00% p.a. (24 months) for senior citizens. Rates below are as published by the bank — confirm with Meghraj Nagarik Bank before investing.
Do senior citizens get higher Recurring Deposit rates at Meghraj Nagarik Bank?
Yes. Senior citizens (60+) earn up to 0.25% p.a. more than general customers at The Meghraj Nagarik Sahakari Bank Ltd., depending on the tenure.
When did Meghraj Nagarik Bank last change its Recurring Deposit rates?
RateScan.in has recorded no change to The Meghraj Nagarik Sahakari Bank Ltd.'s recurring deposit (RD) rates since it started tracking them on 22 Oct 2026.
What recurring deposit (RD) tenures does Meghraj Nagarik Bank offer?
The Meghraj Nagarik Sahakari Bank Ltd.'s published recurring deposit (RD) rate table has 5 tenure bands, from “12 months” to “60 months”.
Is my recurring deposit (RD) with Meghraj Nagarik Bank insured?
Deposits with The Meghraj Nagarik Sahakari Bank Ltd. are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
How current are these Meghraj Nagarik Bank rates?
RateScan.in refreshed this dataset on 22 Oct 2026; the bank's rates shown here are effective 3 Aug 2025. Rates can change without notice, so verify on the official Meghraj Nagarik Bank website before investing.
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Good to know
- Deposits with The Meghraj Nagarik Sahakari 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.
- Meghraj Nagarik 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 0.25% p.a. more than general customers at Meghraj Nagarik Bank, depending on the tenure.
Informational only — always confirm the current rate on the official Meghraj Nagarik 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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