Fixed Deposit Interest Rates in Trivandrum (2026)

Trivandrum, the capital city of Kerala, has a growing community of financially aware investors who prefer the safety and predictability of fixed deposits over market-linked investments. Banks are currently offering FD interest rates of up to 8.11% p.a. for general citizens and up to 8.30% p.a. for senior citizens. Read on to compare the latest fixed deposit rates in Trivandrum across banks, tenures, and investor categories.

Best FD Rates in Trivandrum

Fixed deposits are available across a range of tenures, from a few months to several years. The table below lists the best FD rates in Trivandrum along with estimated monthly payouts on a ₹10 lakh investment.

You can use an FD calculator to estimate your maturity amount and total interest earnings based on your chosen amount, tenure, and interest rate.

Best FD Rates for Senior Citizens in Trivandrum

Trivandrum has a significant retired population, many of whom rely on fixed deposit interest as a regular income source. Banks typically offer an additional 0.25% to 0.50% interest rate over the regular FD rate for depositors aged 60 and above. The table below highlights the best senior citizen FD rates in Trivandrum.

Tax on FD Interest in Trivandrum

The tax treatment of FD interest income is the same across all cities and states in India — Trivandrum included. There is no city-specific tax rule that applies separately to FD investors. 

The interest you earn on a fixed deposit is added to your total annual income and taxed according to your applicable income tax slab. If your total FD interest income exceeds ₹50,000 in a financial year (₹1,00,000 for senior citizens), the bank will deduct TDS at 10%. 

If your income is below the basic exemption limit, you can submit Form 15G (or Form 15H for senior citizens) to request that no TDS be deducted..

How to Open an FD in Trivandrum Through Stable Money?

Stable Money makes it easy to compare and invest in fixed deposits from the comfort of your home — no branch visits required. You can compare FD rates from multiple banks, filter by tenure or payout preference, and complete the entire booking process digitally. Here is how to open an FD in Trivandrum through the Stable Money App:

• Download the Stable Money App from the Google Play Store or Apple App Store.
• Register using your mobile number linked to your Aadhaar card.
• Browse available FD options from banks and NBFCs on the homepage.
• Filter and compare FDs by tenure, interest rate, and payout frequency.
• Select the bank FD that suits your requirements.
• Choose your preferred tenure.
• Tap Invest Now and enter the investment amount.
• Click Continue to proceed.
• Enter your Aadhaar and PAN card details on the next screen.
• Add a nominee and verify all entered details.
• Link your bank account for future withdrawals.
• Complete a one-time VKYC (Video KYC) verification.
• Make the payment to confirm your FD booking.

Once your FD is successfully booked, you will receive a confirmation receipt on your registered mobile number, email ID, and WhatsApp. You can also access and download your FD receipt anytime from the passbook section within the app. The receipt includes key details such as your FDR number and customer ID.