Federal Bank revises interest rates on fixed deposits, offers upto 8 percent. Check the latest rates
Live MintThe Federal Bank has revised its fixed deposit interest rates starting Jan 10, 2025. On two-year deposits, the bank offers 7.15 percent and 7.65 percent to general and senior citizens. On three year and four-year deposits, the bank now offers 7.10 percent to general citizens and 7.60 percent to senior citizens. Period General S Citizens 7 days to 29 days 3.00 3.50 30 days to 45 days 3.50 4.00 46 days to 180 days 5.50 6.00 181 days 6.50 7.00 182 days to 270 days 6.25 6.75 271 days to less than 1 year 6.50 7.00 1 year 7.00 7.50 Above 1 year to 399 days 7.25 7.75 400 days 7.35 7.85 401 days to 443 days 7.25 7.75 444 days 7.50 8.00 445 days to less than 2 years 7.25 7.75 2 years to 776 days 7.15 7.65 777 days 7.40 7.90 778 days to less than 3 years 7.15 7.65 3 years to less than 50 months 7.10 7.60 50 Months 7.40 7.90 Above 50 months to 5 years 7.10 7.60 Above 5 years 6.60 7.10 When the deposit is of 5-year duration, the bank offers 7.10 percent to general and 7.60 percent to senior citizens. On deposits longer than five years, the bank offers 6.60 percent to general citizens and 7.10 percent to senior citizens.