Federal Bank Interest Rates on FD, Mar 2017

Fixed Deposit Interest Rate of Federal Bank

Last Updated 28th Feb 2017
Tenure General Rates Senior Citizen Rates
7 days to 14 days 3.50% 4.00%
15 days to 29 days 4.50% 5.00%
30 days to 60 days 5.00% 5.50%
61 days to 119 days 6.00% 6.50%
120 days to 270 days 6.25% 6.75%
271 days to 1 year 6.70% 7.20%
1 year 1 day to 2 years 6.80% 7.30%
2 years 1 day to 10 years 6.50% 7.00%
Read Latest News on Federal Bank Here
  • Federal Bank offers FD interest rates upto 6.80% per annum.
  • Interest on deposits with Federal Bank is typically compounded quarterly.
  • Federal Bank accepts deposits starting at Rs. 1000 for various tenures.
  • For senior citizens (age more than 60 years), Federal Bank offers higher interest rate over and above rates mentioned below.
Calculate Federal Bank
FD Maturity Amount

Federal Bank Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdraw your money subject to minimum moratorium requirements.
  • However, in case of premature withdrawal, Federal Bank pays 1% lower ROI than that applicable for actual duration of deposit.

Loan against Federal Bank FD

  • Federal Bank offers loan upto 90% against its own deposit. Note that you cannot obtain a loan against FD from another bank.
  • Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.

Federal Bank Interest Rates in your city. How and where to apply?

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • In case you already hold an account with Federal Bank, you don’t need to submit KYC documents again.
  • To know more or apply, contact any of the branches of Federal Bank in your city - Find Federal Bank Branches here

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  • Federal Bank FD rates with other banks in India

About Federal Bank

Federal Bank is a private sector bank operating in India with its headquarter based in Aluva, Kochi, Kerala. It was incorporated in 1931 as Travancore Federal Bank in Kerala. In 1945, a lawyer from Perumbavoor bought the bank and moved its registered office to Aluva. In 1947, the bank was renamed as Federal Bank. Federal Bank became a scheduled commercial bank in 1970 and came out with its Initial Public Offering (IPO) in the year 1997. For the year ending March 2014, Federal Bank recorded a net profit of Rs 838 crore while the total deposits stood at Rs 59,731 crore. The total advances of the bank stood at Rs 43436 crore and net worth stood at Rs 6873.30 crore. As on March, 2014 Federal bank operates 1174 branches and 1359 ATMs spread across the country. The bank has won many awards and accolades for its work over the years most notably 'Customer Service'award by ACI Excellence Awards in 2014 and Frontier’s Finnoviti 2013 Award for Innovation in Virtual Accounting System (VAS).
News - Mar 2017
06th Sep 16 Federal Bank launches Digital Personal Loans
Federal Bank has launched Digital Personal Loans for its customers to avail personal loans instantly with minimal paper work. Now customer can get personal loans in a minute by just logging into its website. The loan money will be credited to the account of the customer after the approval of the offer by the borrower. This is the third digital retail loan scheme offered by the bank after car loan and loan against term deposit.
19th Aug 16 Federal Bank starts new referral option in its mobile banking app
Federal Bank has come with a reward program to its customers who refer FedMobile to friends or relatives. FedMobile is a transaction app of Federal Bank. Now customers can share the app link with the friends by clicking Refer A Friend option given in the FedMobile app home page. This message can be shared using Whatsapp, mail, Facebook etc without any cost. Customer who referred will get Rs. 50 when the referred friend does his first transaction from the app. This app can be used for availing banking facilities, bill payments, Funds Transfer and also for making future payments in advance.
19th Aug 16 Federal Bank ties up with Chillr
Federal Bank has partnered with Chillr which is a mobile banking application that connects a person directly to its bank account and enables to make bill payments, transfer money and phone recharge. This facility will help customers to do cashless transactions at any time and manage their banking requirements at a single stage. Customer can initiate their transactions on Chillr with total security authenticated by a secure PIN provided by the bank. The app is available to all the customers of Federal Bank.
18th Aug 16 Federal Bank has tied up with MMTC for disbursement of Indian gold Coins
Federal Bank entered into partnership with MMTC to allow its customers to buy Indian Gold coins, that are a part of National Gold scheme launched by government in November 2015
22nd Jul 16 Federal Bank Q1 net grows 18% to Rs 167 crore
As per the results of Q1FY17 , Federal Bank reported a 18.3 percent increase in its Net Profit at Rs. 167.3 crore. Asset quality was stable in the current quarter, with Gross NPAs ratio of 2.92 percent in first quarter of FY17 compared to 2.59 percent as on FY16. Net NPAs increased by 0.98 percent to 1.68 percent in the June quarter when compared on yearly basis. Asset quality showed mild signs of weakening with Provisions for Bad Loans increasing by 10 percent yoy to Rs 168.48 crore
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