NSE: 

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.
  • The Minimum tenor for earning the interest on NRE Fixed Deposit is 1 year.

  • Penalty of 1% for premature closure applicable for all NRE term deposits irrespective of amount, opened/renewed on or after 14.06.2018

Interest rates for NRE Fixed Deposits effective from 23-2-2019


Period Less than Rs.200 Lakhs
1 year to 2 years 7.30%
Above 2 years to less than 3 years 7.40%
3 years and above 7.25%






Effective Annualized Rate of Return

Effective Annualized Rate of Return For single deposits of less than ₹100 Lakhs (230084)  KB