NRE Fixed Deposit Interest Rates

Federal bank offers attractive returns to the money you invest as an NRE customer. Interest rates for the deposit are mentioned below.


NRE Fixed Deposits interest rates will also apply for Millionaire Federal Savings Fund

Interest rates for NRE Fixed Deposits effective from 17-7-2017

Period Less than Rs.100 Lakhs
1 year 6.70%
Above 1 year to 2 years 6.60%
Above 2 years to 1110 days 6.50%
1111 days 7.00%
1112 days and above 6.50%

File Name Description  
  HVD Web Interest 24082017 Interest rates for Resident & NRE Term Deposits of Rs.1 crore and above (222.22)KB

  • Premature closure penalty of 1% applicable for term deposits above Rs.15 Lakhs opened on or after 10-Feb-2014.