Rates verified from official source

Federal Bank NRE Fixed Deposit interest rates · October 2026

As of 5 Oct 2026, Federal Bank offers up to 6.70% p.a. on its NRE fixed deposit (48 months) for general customers. Rates below are as published by the bank — confirm with Federal before investing.

NRE Fixed Deposit rates

Rates for deposits below ₹3 crore · general vs senior citizen · trend over time

TenureGeneralSeniorTrendApplies toAs ofSource
1 year
6.25% 6.25% Any amount
29 Sept 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
Above 1 year to less than 15 Months
6.55% 6.55% Any amount
29 Sept 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
15 Months
6.65% 6.65% Any amount
29 Sept 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
Above 15 Months to 24 Months
6.55% 6.55% Any amount
29 Sept 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
Above 24 months to less than 48 months
6.50% 6.50% Any amount
29 Sept 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
48 months
6.70% 6.70% Any amount
29 Sept 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
Above 48 months to 10 years
6.40% 6.40% Any amount
29 Sept 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
Source ↗

Federal NRE FD: frequently asked questions

What is the highest Federal NRE FD interest rate?

As of 5 Oct 2026, Federal Bank offers up to 6.70% p.a. on its NRE fixed deposit (48 months) for general customers. Rates below are as published by the bank — confirm with Federal before investing.

Do senior citizens get higher NRE FD rates at Federal?

Federal Bank does not publish a separate senior citizen premium for these deposits in our data. Check the bank's official rate card for any senior-citizen offers.

Is interest on Federal NRE FDs taxable in India?

Interest on NRE deposits is generally exempt from income tax in India for eligible Non-Resident Indians. Tax rules depend on your residential status and the country you live in, so confirm with a tax advisor.

Is my NRE fixed deposit with Federal insured?

Deposits with Federal Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these Federal rates?

RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 29 Sept 2026. Rates can change without notice, so verify on the official Federal website before investing.

Good to know

Deposits with Federal Bank are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.

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.