Federal Bank latest FD interest rates: Senior citizens can earn up to 7.75%

Federal Bank has revised fixed deposit interest for amounts below Rs 2 crore. The new rates are effective from December 18, 2022. After the revision, the bank will offer interest rates between 3% and 7.25% for regular citizens and 3.50% and 7.75% for senior citizens.

Federal Bank FD interest rates
On deposits that mature in the 7 to 29 days, the bank is offering an interest rate of 3%, while Federal Bank is offering an interest rate of 3.25% on deposits that mature in the following 30 to 45 days. Federal Bank now offers interest rates of 4.00% for fixed-rate deposits that mature in 46 days to 60 days and 4.25% for those that mature in 61 days to 90 days.


Deposits that mature in 91 to 119 days will earn interest at a rate of 4.50%, and those that mature in the following 120 to 180 days will earn interest at a rate of 4.75%. The bank is presently offering an interest rate of 5.75% on deposits maturing in the next 181 days to 270 days, and a rate of 6.00% on deposits maturing in the next 271 days to less than a year.

Federal Bank now offers interest rates of 7.25% on FDs maturing in 18 months or more and 6.60% on those maturing in 1 year or less.

Deposits maturing from more than two years to less than three years will now earn interest at a rate of 6.75%, while those maturing from three years to less than five years will now earn interest at a rate of 6.50%. The bank offers an interest rate of 6.30% on FDs maturing in 5 years to 2221 days. FDs maturing in 2222 days and 2223 days will fetch an interest rate of 6.40% and 6.30%, respectively.

Period	Single Deposit Less than ₹200 Lakhs - General Public	Single Deposit Less than ₹200 Lakhs - 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 90 days	4.25%	4.75%
91 days to 119 days	4.50%	5.00%
120 days to 180 days	4.75%	5.25%
181 days to 270 days	5.75%	6.25%
271 days to less than 1 year	6.00%	6.50%
1 year to less than 18 months	6.60%	7.10%
18 months to 2 years	7.25%	7.75%
Above 2 years to less than 3 years	6.75%	7.25%
3 years to less than 5 years	6.50%	7.00%
5 years to 2221 days	6.30%	6.95%
2222 Days	6.40%	7.05%
2223 days and above	6.30%	6.95%