Rates verified from official source

CSB Bank interest rates · November 2026

Top FD rate
8.00%
501 days · 501-day Special
Top RD rate
7.35%
18 months
Savings rate
7.40%
Balance above ₹300 crore
Top NRE FD rate
7.10%
18 months
Top FCNR(B) rate
4.85%
USD · 12 months to less than 24 Months

CSB FD rates

1 year5.25%3 years6.25%5 years6.50%
All tenures, calculator and comparison →

What will my FD earn at CSB?

Estimated value after 1 year · before tax ₹5,26,771 5.25% p.a. · ₹26,771 interest · quarterly compounding
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Plan your recurring deposit at CSB

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Before opening an RD

Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.

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Overview

CSB Bank (CSB) is a private sector bank, headquartered in Thrissur, established in 1920. Its headline 1-year FD rate of 5.25% is 1.28% below the private sector average of 6.53%, ranking #977 of 1033 banks on RateScan.in.

Headquarters
Thrissur
Established
1920
Branches
~750 approx.
Monitored since
20 Sept 2026
Ownership
Private sector bank (publicly listed)
Operates in
Andhra Pradesh, Bihar, Chandigarh, Delhi + 18 more states

Figures marked “approx.” are rounded public estimates as of 2024.

Financial health
CRAR
22.12%
Capital adequacy
Net NPA
0.40%
Bad loans (net)
Credit rating India Ratings
A
Rating details ↓

Health indicators sourced from official 2025 disclosures. CRAR ≥ 16% = strong · Net NPA < 1% = healthy · Verify before investing.

Rates as of 5 Sept 2026, verified from official source. Scheduled private sector bank: deposits insured by DICGC up to ₹5,00,000.

RBI record

Every RBI press release since 1 Jan 2024 that names CSB Bank, newest first, each linked to RBI. Checked every week; last on 11 Nov 2026.

A monetary penalty is a fine for not following an RBI rule. On its own it does not stop the bank taking or repaying deposits; RBI does that through directions, which are listed here when they apply.

  1. RBI fined the bank ₹63.60 lakh

    RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Scope of activities to be undertaken of Business Correspondents (BCs)’ and ‘Customer Service in Banks’”

    What RBI found

    “The bank entered into an arrangement with BCs for undertaking activities, which are not covered within the scope of activities that can be undertaken by BCs; and The bank levied charges in certain savings bank accounts without ensuring that customers were made aware of such charges upfront.”

    RBI says: “This action is based on deficiencies in statutory and regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”

    RBI press release 2025-2026/2111

  2. RBI fined the bank ₹1,86,80,000

    RBI's reason: “for contravention of section 10(1)(b)(ii) of the BR Act, and non-compliance with certain directions issued by RBI on ‘Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks’ and ‘Master Circular on Branch Authorisation’”

    What RBI found

    “The bank (i) paid remuneration in the form of commission to its certain employees under a scheme for incentivizing recoveries of Non-Performing Assets, (ii) failed to inform IBA regarding the termination of service providers and (iii) paid commission/fee to certain business correspondents which did not have a variable component.”

    RBI says: “The action is based on deficiencies in statutory and regulatory compliance and is not intended to pronounce upon the validity of any transactions or agreement entered into by the bank with its customers.”

    RBI press release 2024-2025/882

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

1,005 branches in 180 districts

Most branches: Thrissur 128, Ernakulam 57, Mumbai 42

From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.

CSB Fixed Deposit rate changes

Changes to CSB's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 20 Sept 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 CSB's fixed deposit (FD) rates has been recorded since tracking started on 20 Sept 2026.

Credit rating

What independent credit rating agencies say about CSB Bank. Every rating links to the document it comes from, so you can check it yourself.

A
Headline rating
Basel III Tier II bonds · India Ratings · Stable
Adequate safety: low credit risk
Latest rating action: 13 Aug 2026
AgencyInstrument RatingOutlook PublishedSource
India Ratings Basel III Tier II bonds
Outlook revised to Stable from Positive
 A Stable Outlook revised
13 Aug 2026
 Exchange filing

Note: Earlier versions of this page showed AA- (CRISIL). The only current long-term rating we matched to a published filing is India Ratings' A on Tier II bonds; CRISIL's 2026 filing covers short-term CDs.

How to read these ratings
  • Scale: AAA is the highest long-term grade (lowest credit risk), then AA (very low risk), A (low risk) and BBB (moderate risk, the lowest investment grade). A + or − moves a grade up or down a notch. Short-term ratings such as A1+ cover obligations of up to a year.
  • Outlook: Stable, Positive or Negative is the agency's view of where the rating is likely to go over the next one to two years. Rating watch means the agency is reviewing the rating after a specific event, such as a change of owner.
  • Instrument: a rating belongs to a specific instrument, not to the whole bank. Tier I (AT1) and Tier II bonds can be written down if the RBI declares a bank non-viable, so they are usually rated no higher than the bank's deposits.
  • Headline grade: we use the rating on fixed deposits where an agency gives one; otherwise the issuer or Tier II rating. We take each agency's latest rating and show the lowest, so the headline is never more generous than any agency's latest view.
  • A rating is an opinion about the ability to repay on time. It is not a guarantee or a recommendation. Whatever the rating, deposits in a bank are insured by DICGC up to ₹5 lakh per depositor per bank (principal and interest together).

Sources: we list a rating only when we can point to the document that states it: the agency's own rating rationale, the bank's Regulation 30 filing on the NSE or BSE, a rating letter, or the bank's own rating page. A weekly automated check re-opens each linked document to confirm it still shows the grade and scans stock-exchange announcements for new rating filings. Last checked: 9 Nov 2026.

Check it yourself: CRISIL · ICRA · CARE · India Ratings · Infomerics

Ratings change. Confirm the current rating with the agency before you invest. This is information, not investment advice.

Good to know

  • Deposits with CSB Bank 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.
  • CSB is a private sector bank regulated by the RBI.
  • CSB's FD table includes 3 special schemes; check eligibility and end dates.
official Effective 5 Sept 2026 · Ingested 25 Oct 2026 · Verified 13 Nov 2026 · View source

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