Federal Bank Fixed Deposit Interest Rate: Federal Bank has changed interest rates on its fixed deposit (FD). These new rates will be applicable from 17 April 2025 and will be applicable to investment of less than Rs 3 crore. The bank has fixed different interest rates for common people and senior citizens.
Now on 7 to 29 days deposits, common customers will get 3% and the elderly will get 3.5% interest. On 30 to 45 days deposits, these rates will be 3.5% for common people and 4% for senior citizens. If you do FD for 46 to 90 days, then interest will be received to 4.5% of the common people and 5% to senior citizens.
On 91 to 180 days FD, the common people will get 5% and the elderly will get 5.5% interest. These rates will be 6% and 6.5% on the deposit of 181 to 270 days. On FDs from 271 days to 1 year, common people will get 6.5% interest and senior citizens will get 7 percent interest. 6.85% common people will get interest on 1 year FD and 7.35% senior citizens. At the same time, these rates will be 7.3% and 7.8% on 444 days special FD.
On FDs from 445 days to 5 years, banks will pay 7% of the common people and 7.5% senior citizens will pay interest. These rates will be 6.5% and 7% on FDs from 5 years to 10 years. Taking advantage of these new rates, customers can earn better in their FDs.
Federal Bank FD Rates