Federal Bank - Interest Rates (%)

This page provides the current interest rates (%) of Federal Bank's Fixed Deposit (FD) scheme.

 

Table of Contents

 

Fixed Deposit (FD)

This page provides the current interest rates (%) for both General public and Senior citizens.

 

General Public

The below table provides the current interest rates (%) for general public (aged less than 60 years).

TermAnnual Interest Rate (%)
7 days to 29 days2.5%
30 days to 45 days2.75%
46 days to 90 days3%
91 days to 180 days3.75%
181 days to 270 days4.25%
271 days to less than 1 year4.4%
1 year5.1%
Above 1 year to less than 16 Months5%
16 Months5.25%
Above 16 months to less than 2 years5%
2 years to less than 3 years5.35%
3 years to less than 5 years5.4%
5 years and above5.6%

Note:

  • The above interest rates are applicable for deposit amount less than Rs. 2 Crore

  • The above interest rates are effective from 16-Dec-2021

 

Senior Citizens

The below table provides the current interest rates (%) for senior citizens (aged 60 years and above).

TermAnnual Interest Rate (%)
7 days to 29 days3%
30 days to 45 days3.25%
46 days to 90 days3.5%
91 days to 180 days4.25%
181 days to 270 days4.75%
271 days to less than 1 year4.9%
1 year5.6%
Above 1 year to less than 16 Months5.5%
16 Months5.75%
Above 16 months to less than 2 years5.5%
2 years to less than 3 years5.85%
3 years to less than 5 years5.9%
5 years and above6.25%

Note:

  • The above interest rates are applicable for deposit amount less than Rs. 2 Crore

  • The above interest rates are effective from 16-Dec-2021