Accounts, deposits and loans — designed for the people of Yeola and Nashik district.
Quick account opening · Free passbook · Cheque book facility · SMS alert on every transaction · NEFT / RTGS facility
Open Now →High daily transaction limits · NEFT/RTGS · Overdraft facility for businesses.
Open Now →Exclusive member-only benefits · Priority service · Higher interest rates on deposits.
Join Now →Repatriable NRE & NRO accounts for Non-Resident Indians from Nashik district.
Know More →As a co-operative urban bank, our profits serve our members — not shareholders. Every deposit you make strengthens the community of Yeola and Nashik district.
Effective May 2026 · Subject to revision by the Board
| Tenure | Rate (p.a.) |
|---|---|
| 7 Days – 3 Months | 3.50% |
| 3 Months – 6 Months | 4.75% |
| 6 Months – 9 Months | 5.75% |
| 9 Months – 12 Months | 6.25% |
| 12 Months – 24 Months | 9.00% |
| 24 Months – 36 Months | 9.25% ★ |
| 36 Months & Above | 9.00% |
| Senior Citizen (12–24 Mo) | 9.50% |
| Loan Type | Rate (p.a.) |
|---|---|
| Gold Loan | 11.50% |
| Secured Cash Credit | 14.00% |
| Cash Credit | 14.00% |
| Hypothecation CC | 14.00% |
| Housing Loan | 14.00% |
| Hire Purchase | 14.00% |
| FDR Advance | At FD Rate |
| Transfer Amount | Charge |
|---|---|
| Up to ₹2 Lakh | ₹6 /- |
| ₹2 Lakh – ₹5 Lakh | ₹25 /- |
| Above ₹5 Lakh | ₹40 /- |
Beware of fraudsters impersonating bank officials. Yeola Merchant Bank will never ask for OTP, PIN or account details over phone or email.
Board of Directors has approved revised Fixed Deposit rates. Best rate: 9.25% p.a. (24–36 months). Senior Citizens earn 9.50% p.a. on 12–24 month FDs.
Yeola Merchant Bank is expanding its network. A new fully-operational branch is opening soon — stay tuned for the inauguration date.
From national celebrations and cultural programs to welcoming dignitaries — we are proud to serve beyond banking.
02559 – 265047
Mon–Sat: 10:00 AM – 4:00 PM
07948200520
Give a missed call anytime
Yashodhan, Balaji Galli
Yeola, Nashik – 423401
Mon – Sat: 10AM – 4PM
2nd/4th Sat & Sun closed