The Panchsheel Mercantile Co-op. Bank Ltd. Fixed Deposit interest rates · October 2026
Panchsheel Mercantile Bank's best Fixed Deposit rate is 7.35% (above 12 months up to 24 Months), 1.65 points below the best on the market (9.00%).
- Seniors: up to 7.75% (above 12 months up to 24 Months), 0.40 points above the general rate for that tenure.
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
31 days to 180 days |
5.25% | — | Any amount | 5 Aug 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
181 Days to 365 Days |
6.25% | — | Any amount | 5 Aug 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
above 12 months up to 24 Months |
7.35% | 7.75% | Any amount | 5 Aug 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
above 24 months up to 36 Months |
7.30% | 7.70% | Any amount | 5 Aug 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
above 36 months up to 48 Months |
7.00% | 7.40% | Any amount | 5 Aug 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
above 48 months up to 10 Years |
6.75% | — | Any amount | 5 Aug 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
Panchsheel Mercantile Bank FD returns at a glance based on investment amount
| Deposit | ~1 year6.25% | ~3 years7.30% | ~5 years6.75% | ~10 years6.75% |
|---|---|---|---|---|
| ₹50,000 | ₹53,199₹260/mo | ₹62,119₹304/mo | ₹69,875₹281/mo | ₹97,650₹281/mo |
| ₹1 lakh | ₹1,06,398₹521/mo | ₹1,24,238₹608/mo | ₹1,39,750₹563/mo | ₹1,95,300₹563/mo |
| ₹2 lakh | ₹2,12,796₹1,042/mo | ₹2,48,475₹1,217/mo | ₹2,79,500₹1,125/mo | ₹3,90,601₹1,125/mo |
| ₹5 lakh | ₹5,31,990₹2,604/mo | ₹6,21,188₹3,042/mo | ₹6,98,749₹2,813/mo | ₹9,76,501₹2,813/mo |
| ₹10 lakh | ₹10,63,980₹5,208/mo | ₹12,42,376₹6,083/mo | ₹13,97,499₹5,625/mo | ₹19,53,003₹5,625/mo |
Illustrative · quarterly compounding · rates as of 22 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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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.
Panchsheel Mercantile Bank Fixed Deposit rate changes
Changes to Panchsheel Mercantile Bank's fixed deposit (FD) 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 Panchsheel Mercantile Bank's fixed deposit (FD) rates has been recorded since tracking started on 22 Oct 2026.
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Panchsheel Mercantile Bank Fixed Deposit: frequently asked questions
What is the highest Panchsheel Mercantile Bank Fixed Deposit interest rate?
As of 22 Oct 2026, The Panchsheel Mercantile Co-op. Bank Ltd. offers up to 7.35% p.a. on its fixed deposit (FD) (above 12 months up to 24 Months) for general customers and 7.75% p.a. (above 12 months up to 24 Months) for senior citizens. Rates below are as published by the bank — confirm with Panchsheel Mercantile Bank before investing.
What is the Panchsheel Mercantile Bank 1-year FD interest rate?
As of 22 Oct 2026, The Panchsheel Mercantile Co-op. Bank Ltd. offers 6.25% p.a. on a 1-year FD for general customers (for a ₹5 lakh deposit). The rate is effective 5 Aug 2026 and was last verified 22 Oct 2026. Source: the bank's official rate page.
What is the Panchsheel Mercantile Bank 2-year FD interest rate?
As of 22 Oct 2026, The Panchsheel Mercantile Co-op. Bank Ltd. offers 7.35% p.a. on a 2-year FD for general customers and 7.75% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 5 Aug 2026 and was last verified 22 Oct 2026. Source: the bank's official rate page.
What is the Panchsheel Mercantile Bank 3-year FD interest rate?
As of 22 Oct 2026, The Panchsheel Mercantile Co-op. Bank Ltd. offers 7.30% p.a. on a 3-year FD for general customers and 7.70% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 5 Aug 2026 and was last verified 22 Oct 2026. Source: the bank's official rate page.
What is the Panchsheel Mercantile Bank 5-year FD interest rate?
As of 22 Oct 2026, The Panchsheel Mercantile Co-op. Bank Ltd. offers 6.75% p.a. on a 5-year FD for general customers (for a ₹5 lakh deposit). The rate is effective 5 Aug 2026 and was last verified 22 Oct 2026. Source: the bank's official rate page.
Do senior citizens get higher Fixed Deposit rates at Panchsheel Mercantile Bank?
Yes. Senior citizens (60+) earn up to 0.40% p.a. more than general customers at The Panchsheel Mercantile Co-op. Bank Ltd., depending on the tenure.
When did Panchsheel Mercantile Bank last change its Fixed Deposit rates?
RateScan.in has recorded no change to The Panchsheel Mercantile Co-op. Bank Ltd.'s fixed deposit (FD) rates since it started tracking them on 22 Oct 2026.
What fixed deposit (FD) tenures does Panchsheel Mercantile Bank offer?
The Panchsheel Mercantile Co-op. Bank Ltd.'s published fixed deposit (FD) rate table has 6 tenure bands, from “31 days to 180 days” to “above 48 months up to 10 Years”.
Does Panchsheel Mercantile Bank pay more than the Post Office Time Deposit?
The Panchsheel Mercantile Co-op. Bank Ltd. pays more than the Post Office Time Deposit at 2 of 4 standard tenures compared (general rates). Rates: 1y 6.25% (PO 6.90%), 2y 7.35% (PO 7.00%), 3y 7.30% (PO 7.10%), 5y 6.75% (PO 7.50%). PO is the Post Office Time Deposit rate.
How does Panchsheel Mercantile Bank's 1-year FD rate rank?
The Panchsheel Mercantile Co-op. Bank Ltd.'s 1-year general FD rate of 6.25% ranks #238 of 333 banks on RateScan.in (as of 22 Oct 2026). The highest is Sangli DCCB at 8.25%.
Is my fixed deposit (FD) with Panchsheel Mercantile Bank insured?
Deposits with The Panchsheel Mercantile Co-op. Bank Ltd. are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
How current are these Panchsheel Mercantile Bank rates?
RateScan.in refreshed this dataset on 22 Oct 2026; the bank's rates shown here are effective 5 Aug 2026. Rates can change without notice, so verify on the official Panchsheel Mercantile Bank website before investing.
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Cumulative FD, quarterly compounding. Illustrative, not a bank quote.
Good to know
- Deposits with The Panchsheel Mercantile Co-op. 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.
- Panchsheel 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 0.40% p.a. more than general customers at Panchsheel Mercantile Bank, depending on the tenure.
Informational only — always confirm the current rate on the official Panchsheel 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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