Sihor Mercantile Co-op. Bank Ltd. Fixed Deposit interest rates · October 2026
Sihor Mercantile Bank's best Fixed Deposit rate is 6.50% (1 Year and above), 1.75 points below the best on the market (8.25%).
- Seniors: up to 7.00% (1 Year and above), 0.50 points above the general rate for that tenure.
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
15 Days to 45 Days |
4.00% | 4.50% | Any amount | 22 Oct 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
46 Days to 90 Days |
4.50% | 5.00% | Any amount | 22 Oct 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
91 Days to 180 Days |
5.00% | 5.50% | Any amount | 22 Oct 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
181 Days to 1 Year |
5.50% | 6.00% | Any amount | 22 Oct 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
1 Year and above |
6.50% | 7.00% | Any amount | 22 Oct 2026 ✓ verified 22 Oct 2026 | official fetched 22 Oct 2026 |
Sihor Mercantile Bank FD returns at a glance based on investment amount
| Deposit | ~1 year6.50% | ~3 years6.50% | ~5 years6.50% | ~10 years6.50% |
|---|---|---|---|---|
| ₹50,000 | ₹53,330₹271/mo | ₹60,670₹271/mo | ₹69,021₹271/mo | ₹95,278₹271/mo |
| ₹1 lakh | ₹1,06,660₹542/mo | ₹1,21,341₹542/mo | ₹1,38,042₹542/mo | ₹1,90,556₹542/mo |
| ₹2 lakh | ₹2,13,320₹1,083/mo | ₹2,42,682₹1,083/mo | ₹2,76,084₹1,083/mo | ₹3,81,112₹1,083/mo |
| ₹5 lakh | ₹5,33,301₹2,708/mo | ₹6,06,704₹2,708/mo | ₹6,90,210₹2,708/mo | ₹9,52,779₹2,708/mo |
| ₹10 lakh | ₹10,66,602₹5,417/mo | ₹12,13,408₹5,417/mo | ₹13,80,420₹5,417/mo | ₹19,05,559₹5,417/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.
Sihor Mercantile Bank Fixed Deposit rate changes
Changes to Sihor 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 Sihor Mercantile Bank's fixed deposit (FD) rates has been recorded since tracking started on 22 Oct 2026.
Compare Sihor Mercantile Bank with similar banks
Nearby banks paying a little more at 1 year
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Best FD rates among urban co-operative banks → Best FD rates in Gujarat →
Sihor Mercantile Bank Fixed Deposit: frequently asked questions
What is the highest Sihor Mercantile Bank Fixed Deposit interest rate?
As of 22 Oct 2026, Sihor Mercantile Co-op. Bank Ltd. offers up to 6.50% p.a. on its fixed deposit (FD) (1 Year and above) for general customers and 7.00% p.a. (1 Year and above) for senior citizens. Rates below are as published by the bank — confirm with Sihor Mercantile Bank before investing.
What is the Sihor Mercantile Bank 1-year FD interest rate?
As of 22 Oct 2026, Sihor Mercantile Co-op. Bank Ltd. offers 6.50% p.a. on a 1-year FD for general customers and 7.00% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 22 Oct 2026 and was last verified 22 Oct 2026. Source: the bank's official rate page.
What is the Sihor Mercantile Bank 2-year FD interest rate?
As of 22 Oct 2026, Sihor Mercantile Co-op. Bank Ltd. offers 6.50% p.a. on a 2-year FD for general customers and 7.00% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 22 Oct 2026 and was last verified 22 Oct 2026. Source: the bank's official rate page.
What is the Sihor Mercantile Bank 3-year FD interest rate?
As of 22 Oct 2026, Sihor Mercantile Co-op. Bank Ltd. offers 6.50% p.a. on a 3-year FD for general customers and 7.00% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 22 Oct 2026 and was last verified 22 Oct 2026. Source: the bank's official rate page.
What is the Sihor Mercantile Bank 5-year FD interest rate?
As of 22 Oct 2026, Sihor Mercantile Co-op. Bank Ltd. offers 6.50% p.a. on a 5-year FD for general customers and 7.00% p.a. for senior citizens (for a ₹5 lakh deposit). The rate is effective 22 Oct 2026 and was last verified 22 Oct 2026. Source: the bank's official rate page.
Do senior citizens get higher Fixed Deposit rates at Sihor Mercantile Bank?
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Sihor Mercantile Co-op. Bank Ltd., depending on the tenure.
When did Sihor Mercantile Bank last change its Fixed Deposit rates?
RateScan.in has recorded no change to Sihor 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 Sihor Mercantile Bank offer?
Sihor Mercantile Co-op. Bank Ltd.'s published fixed deposit (FD) rate table has 5 tenure bands, from “15 Days to 45 Days” to “1 Year and above”.
Does Sihor Mercantile Bank pay more than the Post Office Time Deposit?
Sihor Mercantile Co-op. Bank Ltd. pays more than the Post Office Time Deposit at 0 of 4 standard tenures compared (general rates). Rates: 1y 6.50% (PO 6.90%), 2y 6.50% (PO 7.00%), 3y 6.50% (PO 7.10%), 5y 6.50% (PO 7.50%). PO is the Post Office Time Deposit rate.
How does Sihor Mercantile Bank's 1-year FD rate rank?
Sihor Mercantile Co-op. Bank Ltd.'s 1-year general FD rate of 6.50% ranks #177 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 Sihor Mercantile Bank insured?
Deposits with Sihor 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 Sihor Mercantile Bank rates?
RateScan.in refreshed this dataset on 22 Oct 2026; the bank's rates shown here are effective 22 Oct 2026. Rates can change without notice, so verify on the official Sihor Mercantile Bank website before investing.
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Good to know
- Deposits with Sihor 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.
- Sihor 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 0.50% p.a. more than general customers at Sihor Mercantile Bank, depending on the tenure.
Informational only — always confirm the current rate on the official Sihor 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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