Federal Bank FD Interest Rates 2021 - Check Latest Interest Rate Upto 5.6%

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Federal BankFixed Deposit
2.5% - 5.6%
Interest rates
3 months - 10 years
Time Period
1000 - no limit
Min. - Max amount
QUARTERLY
Compounding
About Federal BankFederal Bank Limited is a prominent Indian commercial bank in the private sector, with about 1200 branches and 1900 ATMs/Recyclers distributed over India. The Travancore Federal Bank Limited, Nedumpuram was established on April 23, 1931, under the Travancore Companies Regulation, 1916. 
Federal Bank provides a variety of fixed deposit programs to both ordinary and senior citizens. These programs help investors achieve both their short and long-term objectives. Federal bank FD rates are competitive, resulting in high returns. 
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Started On1949
Head QuartersKerala
CRISIL RatingNA
CEOShyam Srinivasan
Listed on exchange asFederal Bank Ltd.
ICRA RatingNA
Latest Federal Bank Interest RatesTenureRegular customersSenior citizens
7 days - 29 days
2.50%
3%
30 days - 45 days
2.75%
3.25%
46 days - 90 days
3%
3.50%
91 days - 180 days
3.75%
4.25%
181 days - 270 days
4%
4.50%
271 days - less than 1 year
4.40%
4.90%
1 year - less than 16 months
5.10%
5.60%
16 Months
5.50%
6%
More than 16 months - less than 2 years
5.10%
5.60%
2 years - less than 5 years
5.35%
5.85%
5 years and more
5.60%
6.25%
Features & Benefits of Federal BankThe following are the major benefits and characteristics of Federal Bank's FD scheme
The scheme's duration spans from 7 days to 10 years.
A loan of up to 90% of the amount available in the FD account is possible.
Nominations can be made at any time.
There is an option for auto-renewal.
The maximum amount that may be placed is unlimited.
The required minimum deposit is Rs.1,000.
Types of Federal Bank SchemesRegular and FD Interest Rates in Federal Bank
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Federal Bank offers its customers a regular fixed deposit program through which they may invest a lump sum amount of their choice for a defined period of time and receive interest. The following are some of the scheme's major features:
Details of the scheme
Minimum tenure: 7 days – 10 years.
The amount of the deposit is Rs. 1000.
Interest is compounded quarterly and paid monthly, quarterly, or yearly.
Senior Citizen Rates: 0.50% additional interest.
Withdrawal Too Soon: Available.
Loan against FD: Up to 90% of the deposit amount is available.
There is a nomination facility provided.
There is an option for automatic renewal.
Individuals have the ability to open (singly or jointly, HUFs, firms, clubs, etc.)
Tax Saving Scheme
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The Tax Saving Deposit plan by Federal Bank is an excellent choice for individuals wanting to save tax since it allows investors to claim a deduction under Section 80C of the Income Tax Act of 1961. There is a 5-year lock-in term during which the money cannot be withdrawn.
Details of the scheme
5 years tenure (Lock-in period).
Amount of Deposit: Rs. 100 – Rs. 1.5 lakh.
Interest is compounded quarterly and paid at maturity.
Senior Citizen Rates: 0.50% additional interest
Premature Withdrawal: This option is not available.
Loan against FD: This option is not available.
The Branch-to-Branch fund transfer option is available.
PAN must be quoted.
Investors can seek tax deductions that can be subtracted from their gross total income, lowering their taxable income.
Cash Certificate
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Federal Bank's Cash Certificate scheme is a goal-oriented deposit strategy that focuses on giving high interest to their clients. It is an excellent investment choice for individuals who want to double their deposit amount in a short period of time while avoiding substantial dangers. The following are the scheme's features and benefits:
Details of the scheme
Tenure: 6 months – 10 years.
The Min. Deposit Amount is Rs. 1000.
The federal bank fixed deposit interest rate is compounded quarterly; paid at maturity.
The rate for Senior Citizens is an additional 0.50% rate of interest.
A Loan is available for up to 90% of the deposit amount.
There is a nomination facility provided.
There is an option for auto-renewal.
When the deposit matures, the full sum (principal + interest earned) is immediately moved to a Federal Bank savings account.
Term-wise interest ratesShort-Term Deposits
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The Period that begins from 7 days to 1 year or less than a year are known as short term fixed deposits, and their interest rates start from 2.5% to 4.4% depending on the number of days of the deposit for general customers, and from 3% to 4.9% for senior citizens.
Medium-Term Deposits
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A Medium-term fixed deposit, that is, from 1 year to 5 years, withhold interest rates are 5.1% to 5.35% for general customers and is 5.6% to 5.85% for senior citizens according to the period of lock-in.
Long-Term Deposits
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A Long-term FD goes from 5 years and more, and the interest rate is 5.6% for general customers and 6.25% for senior citizens.
Comparison of FD RatesNameTenureInterest rate
AXIS Bank
3 months - 10 years
2.50% - 5.75%
Deposit Now
SBI Bank
3 Months - 10 Years
2.90% - 5.40%
More Details
Equitas Bank
3 months - 10 years
3.50% - 6.50%
Deposit Now
Bajaj Finance
1 year - 5 years
5.65% - 6.50%
Deposit Now
HDFC Bank
3 months - 10 years
2.50% - 5.50%
More Details
ICICI Bank
3 months - 10 years
2.50% - 5.50%
More Details
Canara Bank
3 months - 10 years
2.95% - 5.50%
More Details
Bank of Baroda
3 months to 10 years
2.80% - 5.25%
More Details
Punjab National Bank
3 months - 10 years
3.00% - 5.25%
More Details
IDBI Bank
3 months - 20 years
2.70% - 4.80%
More Details
Indian Bank
3 months - 10 years
2.90% - 5.25%
More Details
UCO Bank
3 months - 10 years
2.75% - 5.00%
More Details
Yes Bank
3 months - 10 years
3.25% - 6.50%
More Details
Bank of India
3 months - 10 years
2.85% - 5.15%
More Details
Post Office
1 year - 5 years
5.50% - 6.70%
More Details
Union Bank of India
3 months - 10 years
3.00% - 5.60%
More Details
RBL Bank
3 months -20 years
3.25% - 6.00%
More Details
Indian Overseas Bank
3 months - 10 years
3.40% - 5.20%
More Details
IDFC First Bank
3 months - 10 years
2.75% - 4.20%
More Details
LIC
1 Year - 5 Years
5.25% -6.00%
More Details
Saraswat Bank
3 Months - 10 Years
3.10% - 6.35%
More Details
City Union Bank
3 Months - 10 Years
3.00% - 5.25%
More Details
Co-operative Banks
1 Year -5 Years
6.00% - 6.35%
More Details
Bandhan Bank
3 months - 10 years
3.00% - 5.00%
More Details
DBS Bank
3 months - 10 years
2.50% - 5.50%
More Details
Citibank
3 months - 5 years
1.85% - 3.5%
More Details
ICICI Home Finance
1 year - 10 years
5.70% - 6.65%
More Details
AU Small Finance Bank
3 months - 10 years
3.5% - 6.25%
More Details
Fincare Small Finance Bank
3 months - 7 years
3.00% - 5.50%
More Details
Jana Small Finance Bank
3 months - 10 years
2.5% - 6%
More Details
Ujjivan Small Finance Bank
3 months - 10 years
3.05% - 5.80%
More Details
Utkarsh Small Finance Bank
3 months - 10 years
3.00% - 6.75%
More Details
Karnataka Bank
3 months - 10 years
3.40% - 5.60%
More Details
Karur Vysya Bank
3 months - 10 years
3.25% - 3.50%
More Details
Jammu and Kashmir Bank
3 months - 10 years
2.90% - 4.00%
More Details
South Indian Bank
3 months - 10 years
3.50% - 5.50%
More Details
Punjab and Sind Bank
3 months - 10 years
3.00% - 5.30%
More Details
Standard Chartered Bank
7 days - 5 years
1.75% - 5.35%
More Details
HSBC Bank
7 days - 5 years
2.25% - 4.00%
More Details
Shriram Transport Finance
1 year - 5 years
7.01% - 7.95%
More Details
Tamilnad Mercantile Bank
3 months - 10 years
3.50% - 5.50%
More Details
IndusInd Bank
3 months - 10 years
2.50% - 5.50%
More Details
Bank of Maharashtra
3 months to 10 years
2.75% -4.90%
More Details
Central Bank of India
3 months - 10 years
2.75% - 5.00%
More Details
Kotak Mahindra Bank
3 months - 10 years
2.50% - 5.25%
More Details
DHFL
1 year - 10 years
8.25% - 8.95%
More Details
DCB Bank
3 months - 10 years
4.35% - 5.95%
More Details
FAQsCan you establish a joint account?
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Yes, Federal Bank allows you to create joint accounts.
What were the federal bank FD interest rates 2019?
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The interest rates on FD Federal Bank 2019 were:


Tenure

Interest Rates


91 - 180 days 
181 - 270 days 
271 days - one year 
More than one year - less than 20 months 

5.75%
6.25%
6.5%
6.6%


 Is it possible to add candidates to the FD scheme through Federal Bank?
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Yes, Federal Bank allows you to add candidates to the FD scheme.
What is the minimum deposit required to start an FD account?
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The minimum deposit required to start a Federal Bank FD account is Rs.1,000.
Is it possible to obtain a loan against the Federal Bank's FD scheme?
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Yes, you can take out a loan for up to 90% of the amount available in your FD account.
Who is eligible for the scheme?
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Individuals and businesses listed below are eligible to create a Federal Bank FD account:
Hindu Undivided Family
Joint accounts
Individuals
Associations/ Clubs
Proprietorships
Joint-stock companies
Any entity that has not been prohibited by the RBI
Firms
What are the documents required?
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The following are the papers that must be provided in order to create an FD account:
Address Proof
Identity Proof
Application
PAN
Form 60 or 61
Passport Sized Photos

Tenure	Regular customers	Senior citizens
7 days - 29 days	2.50%	3%
30 days - 45 days	2.75%	3.25%
46 days - 90 days	3%	3.50%
91 days - 180 days	3.75%	4.25%
181 days - 270 days	4%	4.50%
271 days - less than 1 year	4.40%	4.90%
1 year - less than 16 months	5.10%	5.60%
16 Months	5.50%	6%
More than 16 months - less than 2 years	5.10%	5.60%
2 years - less than 5 years	5.35%	5.85%
5 years and more	5.60%	6.25%

Name	Tenure	Interest rate
AXIS Bank	3 months - 10 years	2.50% - 5.75%	Deposit Now
SBI Bank	3 Months - 10 Years	2.90% - 5.40%	More Details
Equitas Bank	3 months - 10 years	3.50% - 6.50%	Deposit Now
Bajaj Finance	1 year - 5 years	5.65% - 6.50%	Deposit Now
HDFC Bank	3 months - 10 years	2.50% - 5.50%	More Details
ICICI Bank	3 months - 10 years	2.50% - 5.50%	More Details
Canara Bank	3 months - 10 years	2.95% - 5.50%	More Details
Bank of Baroda	3 months to 10 years	2.80% - 5.25%	More Details
Punjab National Bank	3 months - 10 years	3.00% - 5.25%	More Details
IDBI Bank	3 months - 20 years	2.70% - 4.80%	More Details
Indian Bank	3 months - 10 years	2.90% - 5.25%	More Details
UCO Bank	3 months - 10 years	2.75% - 5.00%	More Details
Yes Bank	3 months - 10 years	3.25% - 6.50%	More Details
Bank of India	3 months - 10 years	2.85% - 5.15%	More Details
Post Office	1 year - 5 years	5.50% - 6.70%	More Details
Union Bank of India	3 months - 10 years	3.00% - 5.60%	More Details
RBL Bank	3 months -20 years	3.25% - 6.00%	More Details
Indian Overseas Bank	3 months - 10 years	3.40% - 5.20%	More Details
IDFC First Bank	3 months - 10 years	2.75% - 4.20%	More Details
LIC	1 Year - 5 Years	5.25% -6.00%	More Details
Saraswat Bank	3 Months - 10 Years	3.10% - 6.35%	More Details
City Union Bank	3 Months - 10 Years	3.00% - 5.25%	More Details
Co-operative Banks	1 Year -5 Years	6.00% - 6.35%	More Details
Bandhan Bank	3 months - 10 years	3.00% - 5.00%	More Details
DBS Bank	3 months - 10 years	2.50% - 5.50%	More Details
Citibank	3 months - 5 years	1.85% - 3.5%	More Details
ICICI Home Finance	1 year - 10 years	5.70% - 6.65%	More Details
AU Small Finance Bank	3 months - 10 years	3.5% - 6.25%	More Details
Fincare Small Finance Bank	3 months - 7 years	3.00% - 5.50%	More Details
Jana Small Finance Bank	3 months - 10 years	2.5% - 6%	More Details
Ujjivan Small Finance Bank	3 months - 10 years	3.05% - 5.80%	More Details
Utkarsh Small Finance Bank	3 months - 10 years	3.00% - 6.75%	More Details
Karnataka Bank	3 months - 10 years	3.40% - 5.60%	More Details
Karur Vysya Bank	3 months - 10 years	3.25% - 3.50%	More Details
Jammu and Kashmir Bank	3 months - 10 years	2.90% - 4.00%	More Details
South Indian Bank	3 months - 10 years	3.50% - 5.50%	More Details
Punjab and Sind Bank	3 months - 10 years	3.00% - 5.30%	More Details
Standard Chartered Bank	7 days - 5 years	1.75% - 5.35%	More Details
HSBC Bank	7 days - 5 years	2.25% - 4.00%	More Details
Shriram Transport Finance	1 year - 5 years	7.01% - 7.95%	More Details
Tamilnad Mercantile Bank	3 months - 10 years	3.50% - 5.50%	More Details
IndusInd Bank	3 months - 10 years	2.50% - 5.50%	More Details
Bank of Maharashtra	3 months to 10 years	2.75% -4.90%	More Details
Central Bank of India	3 months - 10 years	2.75% - 5.00%	More Details
Kotak Mahindra Bank	3 months - 10 years	2.50% - 5.25%	More Details
DHFL	1 year - 10 years	8.25% - 8.95%	More Details
DCB Bank	3 months - 10 years	4.35% - 5.95%	More Details

Calculate Federal Bank FD Interest

Investment Amount

₹25,000

Time Period

9 Months

1 Year

2 Years

3 Years

Maturity Amount

Federal Bank

₹0

@5.1% p.a

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online upto 0%

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4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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CEO	Shyam Srinivasan
Listed on exchange as	Federal Bank Ltd.
ICRA Rating	NA