FD rates in Visakhapatnam · November 2026

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

As of 14 Nov 2026, The Maharaja Co-operative Urban Bank Ltd., Visakhapatnam pays the highest FD rate among banks with a branch in Visakhapatnam: 9.05% 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 Visakhapatnam?

46 of the banks RateScan.in tracks have at least one branch in Visakhapatnam, counted from RBI's IFSC list: 8 co-operative and regional rural banks, and 38 public, private, small finance and other banks.

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

46 banks with a branch in Visakhapatnam, ranked by their best fixed-deposit rate.

Banks in Visakhapatnam, ranked by FD rate

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

#	Bank	Rate	Applies to	Branches here
1	The Maharaja Co-operative Urban Bank Ltd., Visakhapatnam Co-op	9.05%	93 months · Double money deposit	9
2	Ujjivan Small Finance Bank Small Finance	8.10%	3 year 1 day – 3 year 6 months	1
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	18
5	ESAF Small Finance Bank Small Finance	8.00%	800 days · 800-day Special	2
6	The Gandhi Co-operative Urban Bank Ltd., Vijayawada Co-op	8.00%	Above 2 years	1
7	The Kanaka Mahalakshmi Co-operative Bank Ltd., Visakhapatnam Co-op	8.00%	1 YEAR up to 3 YEARS	17
8	DCB Bank Private	7.75%	17 months to 20 months	4
9	Equitas Small Finance Bank Small Finance	7.75%	888 days	4
10	Visakhapatnam District Central Co-operative Bank Co-op	7.75%	1 to 3 years	3
11	Post Office Savings Schemes Government Scheme	7.50%	5 years	778
12	The Andhra Pradesh Mahesh Co-operative Urban Bank Ltd. Co-op	7.50%	Above 2 years & upto 3 years	1
13	Bandhan Bank Private	7.45%	2 years to less than 3 years	3
14	Andhra Pradesh State Co-operative Bank Co-op	7.40%	271 to 364 days	30
15	AU Small Finance Bank Small Finance	7.40%	30 months 1 day to 36 months	6
16	City Union Bank Private	7.30%	556 days to 3 years	5
17	Dhanlaxmi Bank Private	7.25%	1111 days · 1111-day Special	1
18	IDFC First Bank Private	7.25%	500 days – 2 years	5
19	IndusInd Bank Private	7.25%	2 years to 3 years	11
20	Karnataka Bank Private	7.25%	15 months only	5
21	Tamilnad Mercantile Bank Private	7.25%	567 days (TMB 567 Special Deposit scheme) · 567-day Special	1
22	Yes Bank Private	7.25%	18 months 1 day < 24 months	6
23	Karur Vysya Bank Private	7.20%	400 days · 400-day Special	22
24	Andhra Pradesh Grameena Bank Rural	7.15%	444 days · SIRI 444 days	101
25	Central Bank of India Public	7.00%	2222 days · Cent Green Deposit	10
26	RBL Bank Private	7.00%	18 months to less than 60 months	2
27	The Visakhapatnam Co-operative Bank Ltd. Co-op	7.00%	Above 2 year up to 3 years	–
28	Punjab & Sind Bank Public	6.90%	500 days · 500-Day Special	3
29	Bank of Baroda Public	6.85%	bob Golden Goal deposit Scheme (555 days) · bob Golden Goal 555 days	33
30	Bank of India Public	6.85%	500 days(BOI Akshay Fixed Deposit) · 500-day Special	19
31	Federal Bank Private	6.80%	18 months	6
32	Indian Bank Public	6.80%	IND GROW (555 days) · IND GROW	31
33	Kotak Mahindra Bank Private	6.80%	2 years- less than 3 years	15
34	Punjab National Bank Public	6.80%	680 days	29
35	South Indian Bank Private	6.80%	30 months	4
36	Canara Bank Public	6.75%	555 days ## · Canara 555	66
37	Indian Overseas Bank Public	6.75%	444 days · 444-day Special	34
38	UCO Bank Public	6.70%	535 days · UCO 535	10
39	Bank of Maharashtra Public	6.65%	400 days · 400-day special	9
40	Axis Bank Private	6.60%	2 years < 3 years	29
41	HDFC Bank Private	6.60%	3 years 1 day to < 4 years 7 months	64
42	ICICI Bank Private	6.60%	3 years 1 day to 5 years	46
43	IDBI Bank Private	6.55%	1100 days · 1100-day Special	12
44	Union Bank of India Public	6.55%	555 days · 555-Day Special	117
45	DBS Bank India Foreign	6.50%	501 days to 540 days	4
46	State Bank of India Public	6.45%	444 days (Amrit Vrishti) · Amrit Vrishti 444 days	195

State

Tenure

Deposit amount

46 banks we track have a branch in Visakhapatnam. 8 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 9.05% at The Maharaja Co-operative Urban Bank Ltd., Visakhapatnam.

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 Visakhapatnam 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	Andhra Pradesh Grameena Bank	7.15%	444 days
Co-op	Andhra Pradesh State Co-operative Bank	7.40%	271 to 364 days
Co-op	Visakhapatnam District Central Co-operative Bank	7.75%	1 to 3 years
Co-op	The Maharaja Co-operative Urban Bank Ltd., Visakhapatnam	9.05%	93 months
Foreign	DBS Bank India	6.50%	501 days to 540 days
Government Scheme	Post Office Savings Schemes	7.50%	5 years

More places in Andhra Pradesh

Krishna51 banks8.75%East Godavari50 banks9.05%Guntur49 banks8.75%Chittoor43 banks8.10%Kurnool41 banks8.00%West Godavari40 banks8.75%Anantapur39 banks8.25%Kadapa37 banks9.00%

All of Andhra Pradesh · All places

Frequently Asked Questions

Which bank has the highest FD rate in Visakhapatnam?

As of 14 Nov 2026, The Maharaja Co-operative Urban Bank Ltd., Visakhapatnam pays the highest FD rate among banks with a branch in Visakhapatnam: 9.05% 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 Visakhapatnam?

46 of the banks RateScan.in tracks have at least one branch in Visakhapatnam, counted from RBI's IFSC list: 8 co-operative and regional rural banks, and 38 public, private, small finance and other banks.

Are FDs at co-operative banks in Visakhapatnam 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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