NAMCO Bank Savings Account Interest Rates October 2026 — The Nasik Merchants Co-operative Bank Ltd.

Tenure	General	Senior	Applies to	Effective On	Source
Any tenure	3.00%	3.00%	All balances	1 Sept 2026 ✓ verified 21 Oct 2026	official fetched 21 Oct 2026
Any tenure Basic Savings	3.00%	3.00%	All balances	1 Sept 2026 ✓ verified 21 Oct 2026	official fetched 21 Oct 2026

Interest applied quarterly

NAMCO Bank Savings rate changes

Changes to NAMCO Bank's savings account 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 savings account rates has been recorded since tracking started on 21 Oct 2026.

NAMCO Bank Savings: frequently asked questions

What is the highest NAMCO Bank Savings interest rate?

As of 21 Oct 2026, The Nasik Merchants Co-operative Bank Ltd. offers up to 3.00% p.a. on its savings account (All balances) for general customers. Rates below are as published by the bank — confirm with NAMCO Bank before investing.

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When did NAMCO Bank last change its Savings rates?

RateScan.in has recorded no change to The Nasik Merchants Co-operative Bank Ltd.'s savings account rates since it started tracking them on 21 Oct 2026.

Rate movements →

Does NAMCO Bank have special savings account schemes?

The Nasik Merchants Co-operative Bank Ltd.'s rate table lists these named schemes (1): Basic Savings. Check eligibility and end dates with the bank.

Is my savings account 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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More NAMCO Bank rates

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Higher Savings Account rates than NAMCO Bank

5 banks serving Maharashtra pay more. Top picks:

Private Highest Bandhan 4.85% +1.85% vs NAMCO Bank Payments Bank Fino 4.50% +1.50% vs NAMCO Bank Small Finance Jana 4.50% +1.50% vs NAMCO Bank

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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.

The Nasik Merchants Co-operative Bank Ltd. Savings Account interest rates · October 2026