Rates verified from official source

Merchants' Liberal Co-operative Bank Ltd., Gadag-Betageri interest rates · November 2026

Merchants Liberal Co-op Bank FD rates

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What will my FD earn at Merchants Liberal Co-op Bank?

Estimated value after 1 year · before tax ₹5,41,216 8.00% p.a. · ₹41,216 interest · quarterly compounding

Overview

Merchants' Liberal Co-operative Bank Ltd., Gadag-Betageri (Merchants Liberal Co-op Bank) is an urban co-operative bank (UCB), headquartered in Gadag-Betageri. Its headline 1-year FD rate of 8.00% is 1.35% above the urban co-operative bank average of 6.65%, ranking #24 of 1033 banks on RateScan.in.

Headquarters
Gadag-Betageri
Monitored since
26 Oct 2026
Operates in
Karnataka

Rates verified from official source. Urban co-operative bank, regulated by RBI and the state Registrar of Co-operative Societies: deposits insured by DICGC up to ₹5,00,000. One of 961 co-operative banks whose rates we checked at the source in the last 7 days.

RBI record

No RBI press release since 1 Jan 2024 names Merchants' Liberal Co-operative Bank Ltd., Gadag-Betageri. We read RBI's press releases every week; last checked on 11 Nov 2026.

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

Head office in Gadag

RBI's IFSC directory doesn't list this bank's branches, so only its head office is shown. Check the bank's website for its branches.

Head office from the bank's RBI registration.

Merchants Liberal Co-op Bank Fixed Deposit rate changes

Changes to Merchants Liberal Co-op Bank's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 26 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 Merchants Liberal Co-op Bank's fixed deposit (FD) rates has been recorded since tracking started on 26 Oct 2026.

Good to know

  • Deposits with Merchants' Liberal Co-operative Bank Ltd., Gadag-Betageri 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.
  • Merchants Liberal Co-op 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 Merchants Liberal Co-op Bank, depending on the tenure.

Informational only. Always confirm the current rate on the official Merchants Liberal Co-op 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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