** Disclaimer: Federal Bank has not partnered with Bajaj Markets. The information is intended for educational purposes only. You are advised to contact the Banks/NBFCs for additional details.
Federal Bank Fixed Deposit schemes are one of the most attractive in the country, with Federal Bank FD interest rates ranging between 3.00% per annum. to 7.7% per annum. The tenor for the same can range from 7 days to 10 years NRIs can also take advantage of this FD scheme. The Federal Bank senior citizen interest rates are higher than that of regular FDs.
Here’s the Federal Bank FD interest rates for deposits below ₹2 crore.
Tenor |
Interest Rate for General Public |
Interest Rate for Senior Citizens |
7 - 29 days |
3.00% p.a. |
3.50% p.a. |
30 - 45 days |
3.25% p.a. |
3.75% p.a. |
46 - 60 days |
3.75% p.a. |
4.25% p.a. |
61 - 90 days |
4.00% p.a. |
4.50% p.a. |
91 - 119 days |
4.10% p.a. |
4.60% p.a. |
120 - 180 days |
4.25% p.a. |
4.75% p.a. |
181 - 332 days |
4.80% p.a. |
5.30% p.a. |
333 days |
5.60% p.a. |
6.10% p.a. |
334 days to less than 1 year |
4.80% p.a. |
5.30% p.a. |
1 year |
5.60% p.a. |
6.10% p.a. |
1 year 1 day to less than 20 months |
5.60% p.a. |
6.10% p.a. |
20 months |
6.10% p.a. |
6.60% p.a. |
More than 20 months to 699 days |
5.60% p.a. |
6.10% p.a. |
700 days |
7.00% p.a. |
7.50% p.a. |
701 days to 749 days |
5.75% p.a. |
6.25% p.a. |
750 days |
6.50% p.a. |
7.00% p.a. |
751 days but less than 3 years |
5.75% p.a. |
6.25% p.a. |
3 years to below 5 years |
6.00% p.a. |
6.50% p.a. |
5 years to 2,221 days |
6.00% p.a. |
6.65% p.a. |
2,222 days |
6.20% p.a. |
6.85% p.a. |
Above 2,222 days |
6.00% p.a. |
6.65% p.a. |
The Federal Bank Fixed Deposit interest rates can change at any point in time at the discretion of the bank. This data is valid as of 14th December 2022.
Here’s the Federal Bank Fixed Deposit rates for deposits above ₹2 crore.
Tenor |
Rs.2 crore - Rs.5 crore |
Above Rs.5 crore - Rs.25 crore |
Above Rs.25 crore - Rs.50 crore |
Above Rs.50 crore |
7 - 14 days |
4.00% p.a. |
4.00% p.a. |
4.00% p.a. |
4.00% p.a. |
15 - 29 days |
4.25% p.a. |
4.25% p.a. |
4.25% p.a. |
4.25% p.a. |
30 - 45 days |
4.75% p.a. |
4.75% p.a. |
4.75% p.a. |
4.75% p.a. |
46 - 60 days |
5.00% p.a. |
5.00% p.a. |
5.00% p.a. |
5.00% p.a. |
61 - 90 days |
5.25% p.a. |
5.25% p.a. |
5.25% p.a. |
5.25% p.a. |
91 - 120 days |
5.80% p.a. |
5.80% p.a. |
5.80% p.a. |
6.00% p.a. |
121 - 180 days |
5.75% p.a. |
5.75% p.a. |
5.75% p.a. |
5.75% p.a. |
181 - 270 days |
5.90% p.a. |
5.90% p.a. |
5.90% p.a. |
6.25% p.a. |
271 days – Less than a year |
6.25% p.a. |
6.25% p.a. |
6.25% p.a. |
6.50% p.a. |
1 year |
6.70% p.a. |
6.70% p.a. |
6.70% p.a. |
6.70% p.a. |
1 year 1 day to 15 months |
6.85% p.a. |
6.85% p.a. |
6.85% p.a. |
6.90% p.a. |
Above 15 months to 18 months |
6.90% p.a. |
6.90% p.a. |
6.90% p.a. |
7.00% p.a. |
Above 18 months to 2 years |
6.95% p.a. |
6.95% p.a. |
6.95% p.a. |
7.05% p.a. |
Above 2 years to 3 years |
7.00% p.a. |
7.00% p.a. |
7.00% p.a. |
7.00% p.a. |
Above 3 years to 5 years |
6.75% p.a. |
6.75% p.a. |
6.75% p.a. |
6.75% p.a. |
Above 5 years |
6.50% p.a. |
6.50% p.a. |
6.50% p.a. |
6.50% p.a. |
The Federal Bank Fixed Deposit interest rates can change at any point in time at the discretion of the bank. This data is valid as of 14th December 2022.
Here’s the Federal Bank FD interest rates for non-withdrawable deposits above ₹2 crore.
Tenor |
Rs.2 crore - Rs.5 crore |
Above Rs.5 crore - Rs.25 crore |
Above Rs.25 crore - Rs.50 crore |
Above Rs.50 crore |
91 - 120 days |
6.35% p.a. |
6.35% p.a. |
6.35% p.a. |
6.50% p.a. |
121 - 180 days |
6.30% p.a. |
6.30% p.a. |
6.30% p.a. |
6.30% p.a. |
181 - 270 days |
6.55% p.a. |
6.55% p.a. |
6.55% p.a. |
6.75% p.a. |
271 days to less than 1 year |
6.80% p.a. |
6.80% p.a. |
6.80% p.a. |
7.00% p.a. |
1 year |
6.80% p.a. |
6.80% p.a. |
6.80% p.a. |
7.00% p.a. |
1 year 1 day to 15 months |
7.10% p.a. |
7.10% p.a. |
7.10% p.a. |
7.25% p.a. |
Above 15 months to 18 months |
7.15% p.a. |
7.15% p.a. |
7.15% p.a. |
7.30% p.a. |
Above 18 months to 2 years |
7.15% p.a. |
7.15% p.a. |
7.15% p.a. |
7.25% p.a. |
Above 2 years to 3 years |
7.30% p.a. |
7.30% p.a. |
7.30% p.a. |
7.30% p.a. |
Above 3 years to 5 years |
6.75% p.a. |
6.75% p.a. |
6.75% p.a. |
6.75% p.a. |
The Federal Bank Fixed Deposit interest rates can change at any point in time at the discretion of the bank. This data is valid as of 14th December 2022.
Here’s the Federal Bank FD interest rates for tax-saving FDs above ₹2 crore.
Loan Amount |
Rate of Interest |
5 years |
6.00% p.a. |
The Federal Bank Fixed Deposit interest rates can change at any point in time at the discretion of the bank. This data is valid as of 14th December 2022.
Here’s the Federal Bank Fixed Deposit rates for NRE FDs.
Period |
Interest Rates (% p.a.) |
1 year |
6.25 p.a. |
Above 1 year to less than 20 months |
6.00 p.a. |
20 months |
6.25 p.a. |
Above 20 months to 699 days |
6.10 p.a. |
700 days |
7.25 p.a. |
701 days to less than 3 years |
6.40 p.a. |
3 years to less than 5 years |
6.50 p.a. |
5 years to 2221 days |
6.30 p.a. |
2222 days |
6.50 p.a. |
2223 days and above |
6.30 p.a. |
The Federal Bank Fixed Deposit interest rates can change at any point in time at the discretion of the bank. This data is valid as of 14th December 2022.
Here’s the Federal Bank FD interest rates for NRI FDs.
Tenure |
Interest Rate for General Public |
1 year to less than 20 months |
5.60% p.a. |
20 months |
6.10% p.a. |
Above 20 months to 699 days |
5.60% p.a. |
700 days |
7.00% p.a. |
701 days to 749 days |
5.75% p.a. |
750 days |
6.50% p.a. |
751 days to less than 3 years |
5.75% p.a. |
3 years to 2221 days |
6.00% p.a. |
2222 Days |
6.20% p.a. |
The Federal Bank Fixed Deposit interest rates can change at any point in time at the discretion of the bank. This data is valid as of 14th December 2022.
Here are the interest rates applicable for various foreign currencies such as US Dollar (USD), Euro (EURO), GBP (Pound Sterling), Japanese Yen (YEN), Hong Kong Dollar (HKD), Canadian Dollar (CAD), Australian Dollar (AUD), New Zealand Dollar (NZD), Swiss Franc (CHF) and Singapore Dollar (SGD).
Currency |
1 year to below 2 years |
2 years to below 3 years |
3 years to below 4 years |
4 years to below 5 years |
5 years |
USD |
4.25% p.a. |
4.00% p.a. |
3.75% p.a. |
3.00% p.a. |
3.00% p.a. |
GBP |
3.70% p.a. |
2.40% p.a. |
2.45% p.a. |
2.45% p.a. |
2.45% p.a. |
EURO |
0.50% p.a. |
0.50% p.a. |
0.50% p.a. |
0.50% p.a. |
0.15% p.a. |
YEN |
0.05% p.a. |
0.05% p.a. |
0.05% p.a. |
0.05% p.a. |
0.05% p.a. |
CAD |
3.50% p.a. |
3.00% p.a. |
3.15% p.a. |
3.20% p.a. |
3.25% p.a. |
AUD |
2.60% p.a. |
2.75% p.a. |
3.00% p.a. |
3.20% p.a. |
3.45% p.a. |
CHF |
0.05% p.a. |
NA |
NA |
NA |
NA |
NZD |
0.05% p.a. |
NA |
NA |
NA |
NA |
SGD |
0.42% p.a. |
0.84% p.a. |
0.78% p.a. |
0.78% p.a. |
0.80% p.a. |
HKD |
0.33% p.a. |
0.72% p.a. |
0.74% p.a. |
0.65% p.a. |
0.57% p.a. |
The Federal Bank Fixed Deposit interest rates can change at any point in time at the discretion of the bank. This data is valid as of 14th December 2022. As for the USD, these rates are for deposits of less than ₹2 lakh.
Here are some of the features and benefits of the Federal Bank Fixed Deposit:
The tenor of the FD scheme can range between 7 days to 10 years.
Federal Bank FD interest rates for senior citizens is higher than regular FD interest rates, which will help senior citizens grow their savings.
You can get up to 90% of your FD amount as a loan.
You can add nominations to your FD.
You may opt for the auto-renewal option.
There is no upper limit on the amount that can be deposited in your FD.
You must make a minimum deposit of at least ₹1,000.
You can use a Federal bank FD calculator to arrive at accurate estimates and make efficient financial decisions.
The following individuals and entities are eligible to book an FD with Federal Bank:
Joint stock companies
Associations/ Clubs
Joint accounts
Individuals
Hindu Undivided Family
Firms
Proprietorships
The following documents are required to be submitted when booking an FD with Federal Bank:
Application form
Form 60 or 61 (in case PAN Card is not provided)
Passport-size photographs
Proof of identity
PAN Card copy
Proof of address
Documents applicable for HUFs, companies, proprietorships, companies, partnership firms or similar entities.
There are a number of different types of FDs offered by Federal Bank. Here are some of the FDs offered and their key features.
Minimum deposit amount: ₹1,000
Tenor: 7 days to 10 years
You can choose your preferred payout option. You can choose between an annual, monthly or quarterly payout option.
You may opt for the automatic renewal option as well.
Your principal balance and your interest amount will be credited to your savings account.
You may also opt for the nomination option.
In case of emergencies, you may choose to get a loan of up to 90% of your FD amount.
FDs that have been opened for a period of 2222 days or more will be considered for the Green Deposits and these funds will be used for funding the Green loan portfolio.
Minimum deposit amount: ₹100
Maximum deposit amount: ₹1.5 Lakhs per financial year
Tenor: minimum 5 years (lock-in period)
FD interest is compounded at every quarter
Premature withdrawal will be not be permitted
You cannot get a loan on this FD
You get the option to transfer your FD from one branch to another
This scheme allows reinvestment of the interest component to the deposit amount
Minimum deposit amount: ₹1,000
Tenor: 6 months to 10 years
Your FD interest will be compounded quarterly.
Premature withdrawal will not be permitted.
You may opt for an automatic renewal facility.
If you opt for the automatic renewal, then both your principal and your interest amounts shall be credited to your savings account at the time of maturity
You may also opt for the nomination facility
You may also opt for a loan against your cash certificates for a maximum of 90% of your deposit amount.
The funds that have been deposited as a part of this scheme will be used for lending towards environmentally sustainable projects such as smart agri, green building projects, waste management, renewable energy projects, or water projects, etc.
Depositors of this scheme will become a part of the Environment, Social and Governance (ESG) framework.
You may opt for the automatic renewal option as well.
This deposit can be booked both online as well as offline.
Minimum deposit amount: ₹500
Tenor: 1 year to 10 years
You may opt for a premature withdrawal, but you would not be eligible for any interest payout if the premature withdrawal occurs prior to 1 year.
The principal amount as well as the interest earned on the deposits are completely repatriable.
You will be given the facility to avail an advance for up to 90% of your deposit.
The deposit amount will be exempted from any wealth tax.
Depositors of this FD scheme can avail an advance of up to 90% of their deposit amount at an interest rate of over 2% above the deposit rate plus interest tax
You may opt for a premature withdrawal as well.
Your principal as well as the interest amount can be repatriated outside India.
Depositors can hold deposits in any of the following eight currencies: US Dollars (USD), Euro (EUR), Canadian Dollar (CAD), British Pound (GBP), Japanese Yen (YEN), Swiss Franc (CHF), Australian Dollar (AUD), and Singapore Dollar (SGD)
Tenor: 1 year to 5 years
The Interest will be paid at intervals of 180 days each
You may opt for a premature withdrawal, but you would not be eligible for any interest payout if the premature withdrawal occurs prior to 1 year.
Your principal as well as the interest amount can be repatriated outside India.
You can get a loan under this facility
You may opt for the nomination facility
This scheme is totally tax free and allows depositors to earn attractive returns without losing the NRE status of their rupee funds
Minimum deposit amount: ₹10 lakhs
Tenor: One year one day to five years
The deposit is opened as an FCNR deposit
Upon opening this FD, a forward contract will be booked simultaneously.
The proceeds for this deposit at maturity will be converted to INR at an agreed upon conversion rate.
Here are the penalty charges that will be applicable on premature withdrawal of FDs.
Tenure |
Single deposit of less than Rs 2 Crore |
Single deposit of Rs 2 Crore and above |
Up to 90 days |
0% |
1% |
Above 90 days |
1% |
1% |
Having a comprehensive estimate of your FD returns and time horizons will help you budget your savings and plan for the future. This is why it’s crucial that you make these calculations, keeping in mind the prevailing interest rates, your deposit amount and the time period. You may use the Bajaj Markets FD calculator to arrive at an estimate.
The Federal Bank FD Interest Rates can range from 3% pa to 7.75% pa.
You can use the Bajaj Markets to calculate the return on your Federal Bank FD.
Yes, the Federal Bank Deposit Interest Rates are extremely attractive, with interest rates going as high as 7.75% p.a.
Federal Bank offers a number of Fixed Deposit Schemes such as tax-saving, regular, NRE and NRO FD schemes.
The Federal Bank FD Interest Rates For Senior Citizens ranges from 3.50% p.a. to 7.75% p.a.
You can arrive at accurate estimates by using a Federal Bank FD calculator.