Fixed Deposit Interest Rates in Mangalore (2026)

Looking for the best FD rates in Mangalore? Mangalore offers a wide range of fixed deposit options across small finance banks, private banks, co-operative banks, and NBFCs. Banks offer interest rates on fixed deposits above 8% p.a., making FDs an attractive choice for earning predictable returns with low risk. Check the the latest FD rates in Mangalore and find the right option for your financial goals.

Best FD Rates in Mangalore

Investors in Mangalore can choose from a combination of small finance banks, private banks, public sector banks, and NBFCs offering best FD rates across different tenures. 

The table below compares some of the highest FD rates currently available, helping you identify the most suitable option based on your investment horizon and income requirements.

You can calculate returns from your fixed deposits with an FD calculator. Use the FD calculator below to estimate your maturity amount, total interest earned based on your investment amount, tenure, and interest rate.

Best FD Rates for Senior Citizens in Mangalore

Senior citizens can earn additional interest benefits of up to 0.50% over regular FD rates. Several banks and financial institutions in Mangalore currently offer attractive rates for retirees seeking stable income and capital protection.

ALSO READ: Senior Citizen Fixed Deposit Interest Rates

Tax on FD Interest in Mangalore

The taxation on FD interest in Mangalore follows the same rules applicable across India. Interest earned on fixed deposits is added to your total taxable income and taxed according to your income tax slab. Banks may deduct TDS if the interest earned exceeds the prescribed threshold during a financial year. Eligible investors can submit Form 15G or Form 15H to avoid TDS deductions if their taxable income is below the exemption limit.

How to Open an FD in Mangalore Through Stable Money?

Opening a fixed deposit through Stable Money is simple and fully digital. The platform allows you to compare FD rates from multiple banks and financial institutions in one place before investing.

• Download the Stable Money App.
• Register using your Aadhaar-linked mobile number.
• Browse available FD options.
• Compare interest rates, tenure, and payout frequencies.
• Select the FD that suits your investment goals.
• Enter your investment amount.
• Complete PAN and Aadhaar verification.
• Add nominee details.
• Complete Video KYC.
• Make the payment and confirm your investment.

Once the FD is booked, the fixed deposit receipt is shared through email, WhatsApp. You can even check your FD investment under passbook section on the Stable Money app.