FD rates in Palakkad · November 2026

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

As of 14 Nov 2026, The Cherpalcheri Co-operative Urban Bank Ltd. pays the highest FD rate among banks with a branch in Palakkad: 8.10% a year for general depositors. Next are Ujjivan at 8.10% and Utkarsh at 8.10%. Confirm the current rate with the bank before you invest.

Q: How many banks have a branch in Palakkad?

42 of the banks RateScan.in tracks have at least one branch in Palakkad, counted from RBI's IFSC list: 6 co-operative and regional rural banks, and 36 public, private, small finance and other banks.

Q: Are FDs at co-operative banks in Palakkad 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.

42 banks with a branch in Palakkad, ranked by their best fixed-deposit rate.

Banks in Palakkad, ranked by FD rate

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

#	Bank	Rate	Applies to	Branches here
1	The Cherpalcheri Co-operative Urban Bank Ltd. Co-op	8.10%	1 year	3
2	Ujjivan Small Finance Bank Small Finance	8.10%	3 year 1 day – 3 year 6 months	2
3	Utkarsh Small Finance Bank Small Finance	8.10%	666 days · 666-day Special	1
4	CSB Bank Private	8.00%	501 days · 501-day Special	23
5	ESAF Small Finance Bank Small Finance	8.00%	800 days · 800-day Special	66
6	Ottapalam Co-operative Urban Bank Ltd. Co-op	8.00%	12 months to less than 24 months	–
7	Equitas Small Finance Bank Small Finance	7.75%	888 days	1
8	Palghat Co-operative Urban Bank Ltd. Co-op	7.75%	1 year to less than 2 years	1
9	Post Office Savings Schemes Government Scheme	7.50%	5 years	454
10	Shoranur Co-operative Urban Bank Ltd. Co-op	7.50%	12 months	6
11	Bandhan Bank Private	7.45%	2 years to less than 3 years	1
12	City Union Bank Private	7.30%	556 days to 3 years	1
13	Dhanlaxmi Bank Private	7.25%	1111 days · 1111-day Special	21
14	IDFC First Bank Private	7.25%	500 days – 2 years	1
15	IndusInd Bank Private	7.25%	2 years to 3 years	3
16	Karnataka Bank Private	7.25%	15 months only	1
17	Tamilnad Mercantile Bank Private	7.25%	567 days (TMB 567 Special Deposit scheme) · 567-day Special	2
18	Yes Bank Private	7.25%	18 months 1 day < 24 months	1
19	Karur Vysya Bank Private	7.20%	400 days · 400-day Special	1
20	Kerala Gramin Bank Rural	7.10%	444 days · KGB 444 days	23
21	Kerala State Co-operative Bank Co-op	7.10%	1 year to below 2 years	46
22	Central Bank of India Public	7.00%	2222 days · Cent Green Deposit	4
23	RBL Bank Private	7.00%	18 months to less than 60 months	1
24	Punjab & Sind Bank Public	6.90%	500 days · 500-Day Special	1
25	Bank of Baroda Public	6.85%	bob Golden Goal deposit Scheme (555 days) · bob Golden Goal 555 days	24
26	Bank of India Public	6.85%	500 days(BOI Akshay Fixed Deposit) · 500-day Special	8
27	Federal Bank Private	6.80%	18 months	34
28	Indian Bank Public	6.80%	IND GROW (555 days) · IND GROW	11
29	Kotak Mahindra Bank Private	6.80%	2 years- less than 3 years	1
30	Punjab National Bank Public	6.80%	680 days	28
31	South Indian Bank Private	6.80%	30 months	41
32	Canara Bank Public	6.75%	555 days ## · Canara 555	77
33	Indian Overseas Bank Public	6.75%	444 days · 444-day Special	9
34	UCO Bank Public	6.70%	535 days · UCO 535	5
35	Bank of Maharashtra Public	6.65%	400 days · 400-day special	2
36	Axis Bank Private	6.60%	2 years < 3 years	7
37	HDFC Bank Private	6.60%	3 years 1 day to < 4 years 7 months	23
38	ICICI Bank Private	6.60%	3 years 1 day to 5 years	21
39	IDBI Bank Private	6.55%	1100 days · 1100-day Special	4
40	Union Bank of India Public	6.55%	555 days · 555-Day Special	28
41	DBS Bank India Foreign	6.50%	501 days to 540 days	1
42	State Bank of India Public	6.45%	444 days (Amrit Vrishti) · Amrit Vrishti 444 days	93

State

Tenure

Deposit amount

42 banks we track have a branch in Palakkad. 6 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 The Cherpalcheri Co-operative Urban Bank Ltd..

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 Palakkad 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	Ujjivan Small Finance Bank	8.10%	3 year 1 day – 3 year 6 months
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 Cherpalcheri Co-operative Urban Bank Ltd.	8.10%	1 year
Foreign	DBS Bank India	6.50%	501 days to 540 days
Government Scheme	Post Office Savings Schemes	7.50%	5 years

More places in Kerala

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All of Kerala · All places

Frequently Asked Questions

Which bank has the highest FD rate in Palakkad?

As of 14 Nov 2026, The Cherpalcheri Co-operative Urban Bank Ltd. pays the highest FD rate among banks with a branch in Palakkad: 8.10% a year for general depositors. Next are Ujjivan at 8.10% and Utkarsh at 8.10%. Confirm the current rate with the bank before you invest.

How many banks have a branch in Palakkad?

42 of the banks RateScan.in tracks have at least one branch in Palakkad, counted from RBI's IFSC list: 6 co-operative and regional rural banks, and 36 public, private, small finance and other banks.

Are FDs at co-operative banks in Palakkad 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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