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Deposite Interest Rate Summary

The Nasik Merchants Co-Operative Bank LTD., Nashik

Latest Interest Rates Of Deposit. Applicable From 01 March 2026
# Tenure General (For All) - Interest Rate P.A. Senior Citizen - Interest Rate P.A.
1 Basic Saving A/c (Interest Applied Quarterly) 3.00% 3.00%
2 Savings Account (Interest Applied Quarterly) 3.00% 3.00%
3 07 Days to 14 Days 3.50% 3.50%
4 15 Days to 45 Days 4.00% 4.00%
5 46 Days to 90 Days 4.50% 4.50%
6 91 Days to 180 Days 5.00% 5.00%
7 181 Days to 220 Days 6.00% 6.50%
8 Only for 221 days 7.00% 7.50%
9 222 Days to 365 Days 6.50% 7.00%
10 Above 12 months upto 13 months 7.00% 7.50%
11 Only 13 months 1 day 7.10% 7.60%
12 only 13 months 2 days upto 36 months 7.00% 7.50%
13 Above 36 Months upto 120 Months 6.70% 7.20%
Kalpavruksha Deposit Scheme - Minimum 5 Years (Limit up to ₹1,50,000/- as per Income Tax Act 1961)
Available for deduction under Sec 80C – Compounding / Monthly and Quarterly Interest
6.75%

Monthly And Quarterly Interest Payout

Sr.No Tenure General (For All) - Interest Rate P.A. Senior Citizen - Interest Rate P.A.
1 15 Months 7.10% 7.60%
2 37 Months 6.90% 7.40%
3 49 Months 7.00% 7.50%

Bulk deposit interest rates

Bulk Deposit Rs. 1 Crore & Above
Only 13 Months (Rs. 1 Crore to below Rs. 2 Crore) 7.20%
Only 13 Months (Rs. 2 Crore & Above) 7.30%
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