Fixed deposits are the investor’s first choice due to huge returns if they invest just the correct amount of money for a Perfectly correct period with just right bank. Federal bank lets you invest as low as Rs 1000 for a period as less as a week.
There is no upper limit for the investment. You can get a 90 Percent loan against your Fixed Deposit. If you are planning to invest for a lesser amount of time then go for at least 1.5-6 months to get an extra 2 Percent interest rate as compared to 5 Percent for less than 45 days.
If you can plan to invest for a longer period then go for 6 months-3 years because it gives you again an extra 1.50-2 Percent making a total of up to 7.40 Percent.
For a period of more than 3 years the rate of interest offered by Federal bank dips by 0.30 Percent. Below Federal Bank, FD rates are effective from 17 January 2019.
Federal Bank Fixed Deposit Interest Rates Feb 2019 (domestic deposits):
| Time Period | Interest Rate For Amount
Below 1 Crore |
| 7 Days to 14 Days | 3.50% |
| 15 Days to 30 Days | 4.50% |
| 31 Days to 45 Days | 5.00% |
| 46 Days to 60 Days | 5.00% |
| 61 Days to 90 Days | 5.70% |
| 91 Days to 120 Days | 6.50% |
| 120 Days to 270 days | 6.50-6.90% |
| 271 Days to 1 Year | 6.90% |
| 1 Year | 7.30% |
| 1 Year to 2 Years | 7.30% |
| 2 Years to 3 Years | 7.40% |
| 3 Years to 5 Years | 7.25% |
| 5 Years to 10 Years | 7.25% |
| Above 10 Years | 7.25% |
Federal Bank Fixed deposit Interest rates Feb 2019 (Above 1 Crore domestic Deposits):
| Maturity Range | 1 to 5 Crore | 5-25 Crore | 25-50 Crore | Above 50 Crore |
|---|---|---|---|---|
| 7 Days to 14 Days | 4.50% | 4.50% | 4.50% | 4.50% |
| 15 Days to 30 Days | 5.79% | 5.75% | 5.75% | 5.75% |
| 30 Days to 45 Days | 6.00% | 6.00% | 6.00% | 6.00% |
| 45 Days to 60 Days | 6.25% | 6.20% | 6.20% | 6.20% |
| 60 Days to 90 Days | 6.20% | 6.20% | 6.20% | 6.20% |
| 90 Days to 180 Days | 6.75% | 6.75% | 6.75% | 6.75% |
| 180 Days to 200 Days | 7.00% | 7.00% | 7.00% | 7.00% |
| 200 Days to 1 Year | 7.00% | 7.00% | 7.00% | 7.00% |
| 1 Year | 7.35% | 7.35% | 7.35% | 7.35% |
| 1 Year to 370 Days | 7.60% | 7.60% | 7.40% | 7.40% |
| 370 Days to 2 Years | 7.90% | 7.40% | 7.00% | 7.40% |
| 2 Years to 5 Years | 7.75% | 7.25% | 7.15% | 7.15% |
| Above 5 Years | 6.90% | 6.90% | 6.80% | 6.80% |
For NRE, the interest rates are more or less the same as compared with the interest rates for residents. Up to 1 crore, it is 6.50 Percent which is the same as residents. So Federal Bank offers attractive returns to lure everyone with a maximum of 6.75 Percent.
Federal Bank Interest rates on NRE deposits Feb 2019:
| Period | Below 1 crore |
|---|---|
| 1 Year | 7.30% |
| 1 Year to 2 Years | 7.40% |
| Above 2 Years | 7.25% |
Federal Bank Interest rates on NRE deposits Feb 2019 above 1 crore:
| Maturity period | 1 to 5 Crore | 5 to 25 Crore | 25 to 50 Crore | Above 50 Crore |
|---|---|---|---|---|
| 1 Year | 7.35% | 7.35% | 7.25% | 7.25% |
| 1 Years to 2 Years | 7.50-7.90% | 7.50-7.40% | 7.40% | 7.40% |
| 2 Years to 3 Years | 7.75% | 7.25% | 7.15% | 7.15% |
| 3 Years to 5 Years | 7.00% | 7.00% | 6.90% | 6.90% |
| Above 5 Years | 6.90% | 6.90% | 6.80% | 6.80 |
Important notes:
- Contact any branch of the bank for above one crore fixed deposits.
- Additional interest .50% applicable for senior citizens for all deposits except ONR accounts.
- 1% penalty for premature closing deposits is applicable for the amount above 15 lacs.
Like other Bank provides Higher interest for Higher period deposit. Below we are going to show you a big table of interest rates.
From above you can observe Federal bank Fixed Deposit Interest rates is highest for 400 Days deposits. You can check more details from the official website of Federal Bank. Don’t forget to compare with other banks fixed deposit interest rates.
Federal Bank Fixed Deposit Interest Calculator (Calculate maturity value now):
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