Federal Bank is a leading private sector bank in India, known for its wide range of banking services. It offers fixed deposits with competitive interest rates, flexible tenures, and special rates for senior citizens. Use the calculator to estimate your interest earnings and maturity amounts, making investment planning straightforward and convenient.
Here is the interest rate table for fixed deposits of less than 3 crore:
| Tenure | General Customers (%) | Senior Citizen (%) |
|---|---|---|
| 7 days to 29 days | 3.00 | 3.50 |
| 30 days to 45 days | 3.25 | 3.75 |
| 46 days to 60 days | 4.00 | 4.50 |
| 61 days to 119 days | 4.75 | 5.25 |
| 120 days to 180 days | 5.00 | 5.50 |
| 181 days | 6.50 | 7.00 |
| 182 days to 270 days | 5.75 | 6.25 |
| 271 days to less than 1 year | 6.00 | 6.50 |
| 1 year to 399 days | 6.80 | 7.30 |
| 400 days | 7.35 | 7.85 |
| 401 days to 776 days | 7.05 | 7.55 |
| 777 days | 7.40 | 7.90 |
| 778 days to less than 3 years | 7.05 | 7.55 |
| 3 years to less than 50 months | 7.00 | 7.50 |
| 50 Months | 7.40 | 7.90 |
| Above 50 months to less than 5 years | 7.00 | 7.50 |
| 5 years and above | 6.60 | 7.25 |
Data last updated on 01/09/2024. Check latest interest rates here.
Federal Bank FD Calculator
Federal Bank FD FAQs
What is the minimum and maximum amount for a Fixed Deposit at Federal Bank?
The minimum deposit amount is ₹1,000, and there is no maximum limit.
What interest payout options are available for Fixed Deposits?
You can choose to receive interest monthly, quarterly, half-yearly, or annually.
Does Federal Bank offer automatic renewal for Fixed Deposits?
Yes, Fixed Deposits can be set for automatic renewal.
How are the interest and principal amount paid on maturity?
On the due date, the interest and principal amount are automatically credited to your Federal Bank Savings account.
Can I take a loan against my Fixed Deposit?
Yes, you can avail a loan against your Fixed Deposit up to 90% of the deposit amount.
Is a nomination facility available for Fixed Deposits?
Yes, you can nominate someone for your Fixed Deposit account.