FD rates in Malappuram · November 2026

Q: Which bank has the highest FD rate in Malappuram?

As of 14 Nov 2026, Utkarsh Small Finance Bank pays the highest FD rate among banks with a branch in Malappuram: 8.10% a year for general depositors. Next are CSB at 8.00% and ESAF at 8.00%. Confirm the current rate with the bank before you invest.

Q: How many banks have a branch in Malappuram?

39 of the banks RateScan.in tracks have at least one branch in Malappuram, counted from RBI's IFSC list: 9 co-operative and regional rural banks, and 30 public, private, small finance and other banks.

Q: Are FDs at co-operative banks in Malappuram safe?

Deposits at RBI-licensed co-operative banks are insured by DICGC up to ₹5 lakh per depositor per bank, the same cover as at any other bank. Co-operative banks are smaller, and their higher rates reflect that, so check the bank's standing and keep your deposits at each bank within the insured amount.

39 banks with a branch in Malappuram, ranked by their best fixed-deposit rate.

Banks in Malappuram, ranked by FD rate

General public · below ₹3 crore · Dataset refreshed 14 Nov 2026

#	Bank	Rate	Applies to	Branches here
1	Utkarsh Small Finance Bank Small Finance	8.10%	666 days · 666-day Special	1
2	CSB Bank Private	8.00%	501 days · 501-day Special	28
3	ESAF Small Finance Bank Small Finance	8.00%	800 days · 800-day Special	62
4	The Kottakkal Co-operative Urban Bank Ltd. Co-op	7.75%	365 to 3 years	–
5	The Manjeri Co-operative Urban Bank Ltd. Co-op	7.75%	1 year to less than 2 years	16
6	The Tirur Urban Co-operative Bank Ltd. Co-op	7.60%	1 year to less than 3 year	11
7	Post Office Savings Schemes Government Scheme	7.50%	5 years	437
8	The Ponani Co-operative Urban Bank Ltd. Co-op	7.50%	1 year	13
9	Bandhan Bank Private	7.45%	2 years to less than 3 years	2
10	AU Small Finance Bank Small Finance	7.40%	30 months 1 day to 36 months	1
11	Nilambur Co-operative Urban Bank Ltd. Co-op	7.35%	15 months	26
12	City Union Bank Private	7.30%	556 days to 3 years	1
13	Dhanlaxmi Bank Private	7.25%	1111 days · 1111-day Special	7
14	IndusInd Bank Private	7.25%	2 years to 3 years	5
15	Tamilnad Mercantile Bank Private	7.25%	567 days (TMB 567 Special Deposit scheme) · 567-day Special	2
16	The Feroke Co-operative Urban Bank Ltd. Co-op	7.25%	Above 2 year to 5 year	2
17	Yes Bank Private	7.25%	18 months 1 day < 24 months	1
18	Kerala Gramin Bank Rural	7.10%	444 days · KGB 444 days	96
19	Kerala State Co-operative Bank Co-op	7.10%	1 year to below 2 years	1
20	The Urban Co-operative Bank Ltd., Perinthalmanna Co-op	7.10%	above 13 months up to 3 years	24
21	Central Bank of India Public	7.00%	2222 days · Cent Green Deposit	4
22	RBL Bank Private	7.00%	18 months to less than 60 months	1
23	Bank of Baroda Public	6.85%	bob Golden Goal deposit Scheme (555 days) · bob Golden Goal 555 days	23
24	Bank of India Public	6.85%	500 days(BOI Akshay Fixed Deposit) · 500-day Special	5
25	Federal Bank Private	6.80%	18 months	49
26	Indian Bank Public	6.80%	IND GROW (555 days) · IND GROW	12
27	Kotak Mahindra Bank Private	6.80%	2 years- less than 3 years	2
28	Punjab National Bank Public	6.80%	680 days	19
29	South Indian Bank Private	6.80%	30 months	40
30	Canara Bank Public	6.75%	555 days ## · Canara 555	65
31	Indian Overseas Bank Public	6.75%	444 days · 444-day Special	9
32	UCO Bank Public	6.70%	535 days · UCO 535	3
33	Bank of Maharashtra Public	6.65%	400 days · 400-day special	3
34	Axis Bank Private	6.60%	2 years < 3 years	14
35	HDFC Bank Private	6.60%	3 years 1 day to < 4 years 7 months	29
36	ICICI Bank Private	6.60%	3 years 1 day to 5 years	22
37	IDBI Bank Private	6.55%	1100 days · 1100-day Special	23
38	Union Bank of India Public	6.55%	555 days · 555-Day Special	16
39	State Bank of India Public	6.45%	444 days (Amrit Vrishti) · Amrit Vrishti 444 days	67

State

Tenure

Deposit amount

39 banks we track have a branch in Malappuram. 9 of them are co-operative or regional rural banks, which often pay more than the big national banks. As of 14 Nov 2026, the highest FD rate here is 8.10% at Utkarsh Small Finance Bank.

Every rate comes from the bank's own page and is re-read daily. The table ranks each bank by its best rate for a general depositor below ₹3 crore; pick a tenure and amount in the filters to match your deposit. Deposits at these banks are covered by DICGC up to ₹5 lakh per depositor per bank. Branch counts come from RBI's IFSC list.

Best FD rate in Malappuram by type of bank

The highest rate in each group, among banks with a branch here.

Public	Central Bank of India	7.00%	2222 days
Private	CSB Bank	8.00%	501 days
Small Finance	Utkarsh Small Finance Bank	8.10%	666 days
Rural	Kerala Gramin Bank	7.10%	444 days
Co-op	Kerala State Co-operative Bank	7.10%	1 year to below 2 years
Co-op	The Kottakkal Co-operative Urban Bank Ltd.	7.75%	365 to 3 years
Government Scheme	Post Office Savings Schemes	7.50%	5 years

More places in Kerala

Ernakulam51 banks8.25%Kottayam46 banks8.10%Palakkad42 banks8.10%Kannur40 banks8.10%

All of Kerala · All places

Frequently Asked Questions

Which bank has the highest FD rate in Malappuram?

As of 14 Nov 2026, Utkarsh Small Finance Bank pays the highest FD rate among banks with a branch in Malappuram: 8.10% a year for general depositors. Next are CSB at 8.00% and ESAF at 8.00%. Confirm the current rate with the bank before you invest.

How many banks have a branch in Malappuram?

39 of the banks RateScan.in tracks have at least one branch in Malappuram, counted from RBI's IFSC list: 9 co-operative and regional rural banks, and 30 public, private, small finance and other banks.

Are FDs at co-operative banks in Malappuram safe?

Deposits at RBI-licensed co-operative banks are insured by DICGC up to ₹5 lakh per depositor per bank, the same cover as at any other bank. Co-operative banks are smaller, and their higher rates reflect that, so check the bank's standing and keep your deposits at each bank within the insured amount.

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