As of 5 Oct 2026, Federal Bank offers up to 6.70% p.a. on its recurring deposit (RD) (48 months) for general customers and 7.20% p.a. (48 months) for senior citizens. Rates below are as published by the bank — confirm with Federal before investing.
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to | As of | Source |
|---|---|---|---|---|---|---|
1 year |
6.25% | 6.75% | Any amount | 17 Aug 2026 under verification |
official fetched 19 Sept 2026 |
|
Above 1 year to less than 15 Months |
6.40% | 6.90% | Any amount | 17 Aug 2026 under verification |
official fetched 19 Sept 2026 |
|
15 Months |
6.65% | 7.15% | Any amount | 17 Aug 2026 under verification |
official fetched 19 Sept 2026 |
|
Above 15 Months to 24 Months |
6.40% | 6.90% | Any amount | 17 Aug 2026 under verification |
official fetched 19 Sept 2026 |
|
Above 24 months to less than 48 months |
6.50% | 7.00% | Any amount | 17 Aug 2026 under verification |
official fetched 19 Sept 2026 |
|
48 months |
6.70% | 7.20% | Any amount | 17 Aug 2026 under verification |
official fetched 19 Sept 2026 |
|
Above 48 months to 10 years |
6.40% | 6.90% | Any amount | 17 Aug 2026 under verification |
official fetched 19 Sept 2026 |
As of 5 Oct 2026, Federal Bank offers up to 6.70% p.a. on its recurring deposit (RD) (48 months) for general customers and 7.20% p.a. (48 months) for senior citizens. Rates below are as published by the bank — confirm with Federal before investing.
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Federal Bank, depending on the tenure.
Deposits with Federal Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 17 Aug 2026. Rates can change without notice, so verify on the official Federal website before investing.
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.
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