Fixed Deposit Kochi - FD Interest Rates, Calculator - Wishfin

Fixed Deposit Kochi

About Kochi

Known as the queen of the Arabian sea, Kochi is a major port city on the south- west coast of India. The major source of income is remittances from the Non- Resident Indians. Alike everywhere in Kerala, tourism industry significantly contributes in driving the local economy. Exports and allied activities are also important contributors to the city’s economy. The sole stock exchange of Kerala, Cochin Stock Exchange is present here. Therefore, the city is referred as the commercial capital of Kerala. It is a major online trading centre with a newly opened SEBI office.

About Fixed Deposit

Fixed Deposits is a remarkable way to save hard earned money. This is because the idle money put in use fetches interest. The invested amount increases due the interest yielded during the tenure. The depositor can open a fixed deposit account with any amount over and above minimum deposit amount. The time frame of the deposit is also to be decided by the customer. The yield on the deposit depends on the period for which the amount is going to remain with the bank. The depositor is not allowed to withdraw the amount before the maturity of the plan. If the deposit is withdrawn prematurely, then the interest is paid at the penal rates.

Fixed Deposit Kochi in a nutshell

Interest Rate3.00% - 9.25%
Minimum Investment Amount₹ 1,000
Tenure7 days – 10 years

Fixed Deposit Eligibility Criteria

Following are the entities which are eligible for availing fixed deposit schemes:

  • Individuals

  • Hindu Undivided Families (HUFs)

  • Minor represented by parents/guardian

  • Associations

  • Clubs

  • Trusts

  • Sole proprietorship firms

  • Partnership firms

  • Limited Companies

Documents Required For The Fixed Deposit


An Individual, Hindu Undivided Family, Sole Proprietorship Concern
ID Proof – Passport, PAN Card, Driving Licence, Voter ID, Government ID Card, Senior Citizen ID Card
Address Proof - Telephone Bill, Electricity Bill, ID Card Issued by Post Office, Bank Statement with Cheque,
A photograph
Copy of the Trust Deed
Copy of the registration certificate
Copy of the Resolution of the Trustees authorizing the members concerned to open and operate the account
Photographs of the members operating the account
By-laws of the Association
Copy of the Resolution by the board authorizing the members concerned to open and operate the account
Photographs of the members operating the account
Partnership Firm
Partnership Deed
Letter from partners approving the persons concerned to open and operate the account
Photographs of the persons operating the account
Public or Private Limited CompaniesBoard Resolution / Authority Letter
Memorandum & Articles of Association
Certificate of Incorporation
Certificate of Commencement of Business (Public Limited Company)
Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC
Governing Act / Rules and Regulations(PSUs) (certified true copy)

Top Banks Fixed Deposit Interest Rate and Address

Banks NameMain Branch AddressRate of Interest
State Bank Of IndiaAroor - Thoppumpady Rd, Thopumpady Junction, Thoppumpady, Kochi, Kerala 682005 1800 425 38002.90% - 6.20%
Thoppumpady, Catholic Centre, St. Joseph College Building, Kochi, Kerala 682005 0484 616 06162.50% - 6.25%
Ambal Building, Thoppumpady, First Floor, Near Gammon Bridge, Kochi, Kerala 6820062.50% - 6.30%
Axis Bank41/419, Ground Floor Chicago Plaza, Rajaji Road, Ernakulam, 6820352.50% - 6.50%
Punjab National Bank
Star Junction Kottukulam Road, Mattancherry, Distt. Ernakulam, Cochin, Kerala - 6820022.90% - 5.75%
Bank of India

Ernakulam, At Kannankeri Estate, Shanmugham Road , Ernakulam, 682031, Kerala2.85% - 5.55%
Bank of Baroda
PB 222 Palace Road, Mattancherry (Ernakulam DT.), Cochin, 6820022.90% - 6.30%
Central Bank Of India
PB 526, 5th Main Road Willingdon Island 6820032.75% - 5.50%
Canara Bank
Shenoy`s Chamber No 40/2363 L & 40/2363M, Shanmugham Road, Marine Drive, Ernakulam, Kerala 6820312.90% - 5.75%
Federal BankFederal Towers, Marine Drive, Ernakulam - 6820312.50% - 6.00%

Personal Loan Interest Rates March 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates March 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%