The Nasik Merchants Co-operative Bank Ltd. Fixed Deposit interest rates · October 2026
NAMCO Bank's best Fixed Deposit rate is 7.10% (Above 24 Months to 36 Months), 1.40 points below the best on the market (8.50%).
- Seniors: up to 7.60% (15 Months), 0.50 points above the general rate for that tenure.
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
07 Days to 45 Days |
4.00% | 4.00% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
46 Days to 90 Days |
4.50% | 4.50% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
91 Days to 180 Days |
5.00% | 5.00% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
181 Days to 220 Days |
6.00% | 6.50% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
Only for 221 days |
6.50% | 7.00% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
222 Days to 365 Days |
6.25% | 6.75% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
Above 12 months up to 24 months |
7.00% | 7.50% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
15 Months Monthly/Quarterly Interest Payout |
7.10% | 7.60% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
Above 24 Months to 36 Months |
7.10% | 7.60% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
Above 36 Months upto 120 Months |
6.70% | 7.20% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
37 Months Monthly/Quarterly Interest Payout |
6.90% | 7.40% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
49 Months Monthly/Quarterly Interest Payout |
7.00% | 7.50% | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
5 years (Kalpavruksha, 80C) Kalpavruksha (80C) |
6.75% | — | Any amount | 1 Sept 2026 ✓ verified 21 Oct 2026 | official fetched 21 Oct 2026 |
NAMCO Bank FD returns at a glance based on investment amount
| Deposit | ~1 year6.25% | ~3 years7.10% | ~5 years6.75% | ~10 years6.70% |
|---|---|---|---|---|
| ₹50,000 | ₹53,199₹260/mo | ₹61,754₹296/mo | ₹69,875₹281/mo | ₹97,171₹279/mo |
| ₹1 lakh | ₹1,06,398₹521/mo | ₹1,23,508₹592/mo | ₹1,39,750₹563/mo | ₹1,94,342₹558/mo |
| ₹2 lakh | ₹2,12,796₹1,042/mo | ₹2,47,015₹1,183/mo | ₹2,79,500₹1,125/mo | ₹3,88,685₹1,117/mo |
| ₹5 lakh | ₹5,31,990₹2,604/mo | ₹6,17,538₹2,958/mo | ₹6,98,749₹2,813/mo | ₹9,71,711₹2,792/mo |
| ₹10 lakh | ₹10,63,980₹5,208/mo | ₹12,35,075₹5,917/mo | ₹13,97,499₹5,625/mo | ₹19,43,423₹5,583/mo |
Illustrative · quarterly compounding · rates as of 21 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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- Minimum 5 years; deduction up to ₹1,50,000 under section 80C
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.
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.
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.
NAMCO Bank Fixed Deposit rate changes
Changes to NAMCO Bank's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 21 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 NAMCO Bank's fixed deposit (FD) rates has been recorded since tracking started on 21 Oct 2026.
Compare NAMCO Bank with similar banks
Nearby banks paying a little more at 1 year
Banks with a similar rate at 1 year
Best FD rates among urban co-operative banks → Best FD rates in Maharashtra →
NAMCO Bank Fixed Deposit: frequently asked questions
What is the highest NAMCO Bank Fixed Deposit interest rate?
As of 21 Oct 2026, The Nasik Merchants Co-operative Bank Ltd. offers up to 7.10% p.a. on its fixed deposit (FD) (Above 24 Months to 36 Months) for general customers and 7.60% p.a. (Above 24 Months to 36 Months) for senior citizens. Rates below are as published by the bank — confirm with NAMCO Bank before investing.
What is the NAMCO Bank 1-year FD interest rate?
As of 21 Oct 2026, The Nasik Merchants Co-operative Bank Ltd. offers 6.25% p.a. on a 1-year FD for general customers and 6.75% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Sept 2026 and was last verified 21 Oct 2026. Source: the bank's official rate page.
What is the NAMCO Bank 2-year FD interest rate?
As of 21 Oct 2026, The Nasik Merchants Co-operative Bank Ltd. offers 7.00% p.a. on a 2-year FD for general customers and 7.50% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Sept 2026 and was last verified 21 Oct 2026. Source: the bank's official rate page.
What is the NAMCO Bank 3-year FD interest rate?
As of 21 Oct 2026, The Nasik Merchants Co-operative Bank Ltd. offers 7.10% p.a. on a 3-year FD for general customers and 7.60% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 1 Sept 2026 and was last verified 21 Oct 2026. Source: the bank's official rate page.
Do senior citizens get higher Fixed Deposit rates at NAMCO Bank?
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at The Nasik Merchants Co-operative Bank Ltd., depending on the tenure.
When did NAMCO Bank last change its Fixed Deposit rates?
RateScan.in has recorded no change to The Nasik Merchants Co-operative Bank Ltd.'s fixed deposit (FD) rates since it started tracking them on 21 Oct 2026.
What fixed deposit (FD) tenures does NAMCO Bank offer?
The Nasik Merchants Co-operative Bank Ltd.'s published fixed deposit (FD) rate table has 9 tenure bands, from “07 Days to 45 Days” to “Above 36 Months upto 120 Months”.
Does NAMCO Bank have special fixed deposit (FD) schemes?
The Nasik Merchants Co-operative Bank Ltd.'s rate table lists these named schemes (2): Monthly/Quarterly Interest Payout; Kalpavruksha (80C). Check eligibility and end dates with the bank.
Does NAMCO Bank pay more than the Post Office Time Deposit?
The Nasik Merchants Co-operative Bank Ltd. pays more than the Post Office Time Deposit at 0 of 3 standard tenures compared (general rates). Rates: 1y 6.25% (PO 6.90%), 2y 7.00% (PO 7.00%), 3y 7.10% (PO 7.10%). PO is the Post Office Time Deposit rate.
How does NAMCO Bank's 1-year FD rate rank?
The Nasik Merchants Co-operative Bank Ltd.'s 1-year general FD rate of 6.25% ranks #197 of 259 banks on RateScan.in (as of 21 Oct 2026). The highest is Sangli DCCB at 8.25%.
Is my fixed deposit (FD) with NAMCO Bank insured?
Deposits with The Nasik 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 NAMCO Bank rates?
RateScan.in refreshed this dataset on 21 Oct 2026; the bank's rates shown here are effective 1 Sept 2026. Rates can change without notice, so verify on the official NAMCO Bank website before investing.
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Cumulative FD, quarterly compounding. Illustrative, not a bank quote.
Good to know
- Deposits with The Nasik 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.
- NAMCO 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 NAMCO Bank, depending on the tenure.
- NAMCO Bank's FD table includes 2 special schemes; check eligibility and end dates.
Informational only — always confirm the current rate on the official NAMCO 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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