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.

  • Non-Resident accounts are not eligible for additional interest offered to senior citizens.
  • For single deposit of Rs. 1Crore and above, please contact the Branch Manager.
  • Premature closure penalty of 1% applicable for Resident, ONR and NRE term deposits above Rs.15 Lakhs.

Interest rates for NRE Fixed Deposits effective from 15-1-2018

Period Less than Rs.100 Lakhs
1 year 6.70%
Above 1 year to less than 15 months 6.75%
15 months 7.10%
Above 15 months to 2 years 6.75%
Above 2 years 6.50%

File name Description
HVD Web Interest 20032018 Interest rates for Resident & NRE Term Deposits of Rs.1 crore and above (224.52) KB