Rates verified from official source

Federal Bank interest rates · November 2026

Top FD rate
6.80%
18 Months
Senior citizen FD
7.40%
18 Months
Top RD rate
6.80%
18 Months
Top NRE FD rate
6.80%
18 Months

Federal FD rates

1 year6.55%Senior 7.15%3 years6.60%Senior 7.20%5 years6.60%Senior 7.20%
All tenures, calculator and comparison →

What will my FD earn at Federal?

Estimated value after 1 year · before tax ₹5,33,563 6.55% p.a. · ₹33,563 interest · quarterly compounding
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Plan your recurring deposit at Federal

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Before opening an RD

Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.

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Overview

Federal Bank (Federal) is a private sector bank, headquartered in Aluva, Kochi, established in 1931. Its headline 1-year FD rate of 6.55% is 0.08% above the private sector average of 6.47%, ranking #583 of 1033 banks on RateScan.in.

Headquarters
Aluva, Kochi
Established
1931
Branches
~1,500 approx.
Monitored since
19 Sept 2026
Ownership
Private sector bank (publicly listed)
Operates in
Andhra Pradesh, Arunachal Pradesh, Assam, Bihar + 27 more states

Figures marked “approx.” are rounded public estimates as of 2024.

Financial health
CRAR
15.88%
Capital adequacy
Net NPA
0.65%
Bad loans (net)
Credit rating CRISIL
AAA
Rating details ↓

Health indicators sourced from official 2025 disclosures. CRAR ≥ 16% = strong · Net NPA < 1% = healthy · Verify before investing.

Rates as of 12 Nov 2026, verified from official source. Scheduled private sector bank: deposits insured by DICGC up to ₹5,00,000.

RBI record

Every RBI press release since 1 Jan 2024 that names Federal Bank, newest first, each linked to RBI. Checked every week; last on 11 Nov 2026.

A monetary penalty is a fine for not following an RBI rule. On its own it does not stop the bank taking or repaying deposits; RBI does that through directions, which are listed here when they apply.

  1. RBI fined the bank ₹27.30 lakh

    RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Interest Rate on Deposits’”

    What RBI found

    “The bank had opened certain savings deposit accounts in the name of ineligible entities.”

    RBI says: “This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”

    RBI press release 2024-2025/2107

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

1,736 branches in 272 districts

Most branches: Ernakulam 122, Thrissur 68, Alappuzha 62

From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.

Federal Fixed Deposit rate changes

Changes to Federal's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 19 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

13 Nov 2026
▲ 10 raised+0.05 to +0.85 pp
  • 46 days to 90 days · Senior4.75% → 5.60% 0.85 pp
  • 46 days to 90 days · General4.25% → 5.00% 0.75 pp
  • 91 days to 180 days · Senior5.00% → 5.70% 0.70 pp
Show all 10 changesShow fewer
  • 91 days to 180 days · General4.50% → 5.10% 0.60 pp
  • 1 year · Senior6.75% → 7.10% 0.35 pp
  • 1 year · General6.25% → 6.50% 0.25 pp
  • 271 days to less than 1 year · Senior6.50% → 6.65% 0.15 pp
  • 30 days to 45 days · Senior3.75% → 3.85% 0.10 pp
  • 7 days to 29 days · Senior3.50% → 3.60% 0.10 pp
  • 271 days to less than 1 year · General6.00% → 6.05% 0.05 pp
Bank's rate page ↗
1 Nov 2026
▲ 4 raised+0.05 to +0.10 pp
  • 1440 days · General6.70% → 6.80% 0.10 pp
  • 1440 days · Senior7.20% → 7.30% 0.10 pp
  • 450 days · General6.65% → 6.70% 0.05 pp
Show all 4 changesShow fewer
  • 450 days · Senior7.15% → 7.20% 0.05 pp
7 Oct 2026
▲ 4 raised+0.15 pp
  • 365–449 days · General6.40% → 6.55% 0.15 pp
  • 450–720 days · General6.40% → 6.55% 0.15 pp
  • 365–449 days · Senior6.90% → 7.05% 0.15 pp
Show all 4 changesShow fewer
  • 450–720 days · Senior6.90% → 7.05% 0.15 pp

See all Federal rate changes →

Compare Federal with other banks

See Federal FD rates side by side against India's top banks.

Federal vs SBIFederal vs PNBFederal vs BoBFederal vs CanaraFederal vs UnionFederal vs BOIFederal vs HDFCFederal vs ICICIFederal vs AxisFederal vs KotakFederal vs IndusIndFederal vs YesFederal vs IDFC FirstFederal vs BandhanFederal vs RBLFederal vs AUFederal vs EquitasFederal vs Ujjivan

Credit rating

What independent credit rating agencies say about Federal Bank. Every rating links to the document it comes from, so you can check it yourself.

AAA
Headline rating
Fixed deposits · CRISIL
Highest safety: lowest credit risk
AgencyInstrument RatingOutlook PublishedSource
CRISIL Fixed deposits
Fixed Deposits, as listed on the bank's rating page (the page does not give a date)
 AAA – Listed by bank
Date not shown on the bank's page
 Bank's page
CARE Issuer rating AA+ Stable Reaffirmed
9 Oct 2026
 Exchange filing
CARE Basel III Tier II bonds AA+ Stable Reaffirmed
9 Oct 2026
 Exchange filing
India Ratings Basel III Tier II bonds AA+ Stable Reaffirmed
22 Sept 2026
 Exchange filing
India Ratings Infrastructure / long-term bonds AA+ Stable Reaffirmed
22 Sept 2026
 Exchange filing
How to read these ratings
  • Scale: AAA is the highest long-term grade (lowest credit risk), then AA (very low risk), A (low risk) and BBB (moderate risk, the lowest investment grade). A + or − moves a grade up or down a notch. Short-term ratings such as A1+ cover obligations of up to a year.
  • Outlook: Stable, Positive or Negative is the agency's view of where the rating is likely to go over the next one to two years. Rating watch means the agency is reviewing the rating after a specific event, such as a change of owner.
  • Instrument: a rating belongs to a specific instrument, not to the whole bank. Tier I (AT1) and Tier II bonds can be written down if the RBI declares a bank non-viable, so they are usually rated no higher than the bank's deposits.
  • Headline grade: we use the rating on fixed deposits where an agency gives one; otherwise the issuer or Tier II rating. We take each agency's latest rating and show the lowest, so the headline is never more generous than any agency's latest view.
  • A rating is an opinion about the ability to repay on time. It is not a guarantee or a recommendation. Whatever the rating, deposits in a bank are insured by DICGC up to ₹5 lakh per depositor per bank (principal and interest together).

Sources: we list a rating only when we can point to the document that states it: the agency's own rating rationale, the bank's Regulation 30 filing on the NSE or BSE, a rating letter, or the bank's own rating page. A weekly automated check re-opens each linked document to confirm it still shows the grade and scans stock-exchange announcements for new rating filings. Last checked: 9 Nov 2026.

Check it yourself: CRISIL · ICRA · CARE · India Ratings · Infomerics · Federal Bank credit rating page

Ratings change. Confirm the current rating with the agency before you invest. This is information, not investment advice.

Good to know

  • Deposits with Federal Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • Federal is a private sector bank regulated by the RBI.
  • Senior citizens (60+) earn up to 0.60% p.a. more than general customers at Federal, depending on the tenure.
official Effective 12 Nov 2026 · Ingested 19 Sept 2026 · Verified 13 Nov 2026 · View source

Informational only. Always confirm the current rate on the official Federal website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.