## Federal Bank savings account interest rate

For balances below Rs 5 lakh the bank offers 3.45% below RBI’s Repo Rate.**For balances up to Rs 5 lakh to less than Rs 50 lakh**

For balances up to and including Rs 5 lakh, Federal Bank is now offering an interest rate of 3.45% below the RBI’s repo rate, and 3.40% below the RBI’s repo rate for the remaining balance above of Rs 5 lakh and above.**For balances of over Rs 50 Lakhs to less than Rs 2 crore**

Federal Bank is now offering an interest rate of 3.45% below the RBI’s repo rate for amounts up to and including Rs 5 lakh and 3.40% below the RBI’s repo rate for balances of Rs 5lakhs to less than Rs 50 lakhs. The bank offers 2.75% below RBI’s Repo Rate for balance of Rs 50 lakhs and above.**For balances of Rs 2 crores to less than Rs 5 Crores**

Federal Bank is now offering an interest rate of 3.45% below the RBI’s repo rate for amounts up to and including Rs 5 lakh. and 3.40% below the RBI’s repo rate for balances of Rs 5lakhs to less than Rs 50 lakhs. The bank offers 2.75% below RBI’s Repo Rate for balance of Rs 50 lakhs to Rs 2 crore.

The bank offers 2.50% below RBI’s Repo Rate for balance of Rs 2Crores and above.**For balances of Rs 5 crores to less than Rs 50 crores**

Federal Bank is now offering an interest rate of 3.45% below the RBI’s repo rate for amounts up to and including Rs 1 lakh and 1.00% below RBI’s Repo Rate for the remaining balance above Rs 1 lakh.**For Rs 50 Crores and above**

Federal Bank is now offering an interest rate of 3.45% below the RBI’s repo rate for amounts up to and including Rs 1 lakh and 0.50% below RBI’s Repo Rate for the remaining balance above Rs 1 lakh.

Slab | End of the Day Balance | Rates of Interest (p.a) |

1 | Less than ₹5Lakhs | 3.45% below RBI’s Repo Rate |

2 | ₹5Lakhs to less than ₹50Lakhs | 3.45% below RBI’s Repo Rate for balance below ₹5Lakhs |

3.40% below RBI’s Repo Rate for balance of ₹5Lakhs and above | ||

3 | ₹50Lakhs to less than ₹2Crores | 3.45% below RBI’s Repo Rate for balance below ₹5Lakhs |

3.40% below RBI’s Repo Rate for balance of ₹5Lakhs to less than ₹50Lakhs | ||

2.75% below RBI’s Repo Rate for balance of ₹50Lakhs and above | ||

4 | ₹2Crores to less than ₹5Crores | 3.45% below RBI’s Repo Rate for balance below ₹5Lakhs |

3.40% below RBI’s Repo Rate for balance of ₹5Lakhs to less than ₹50Lakhs | ||

2.75% below RBI’s Repo Rate for balance of ₹50Lakhs to less than ₹2Crores | ||

2.50% below RBI’s Repo Rate for balance of ₹2Crores and above | ||

5 | ₹5Crores to less than ₹50Crores | 3.45% below RBI’s Repo Rate for balance up to and including ₹1Lakh |

1.00% below RBI’s Repo Rate for the remaining balance above ₹1Lakh | ||

6 | ₹50Crores to less than ₹250Crores | 3.45% below RBI’s Repo Rate for balance up to and including ₹1Lakh |

0.50% below RBI’s Repo Rate for the remaining balance above ₹1Lakh | ||

7 | ₹250Crores and above | 3.45% below RBI’s Repo Rate for balance up to and including ₹1Lakh |

0.50% above RBI’s Repo Rate for the remaining balance above ₹1Lakh |

## Federal Bank FD interest rates

The bank is offering a 3% interest rate on deposits maturing in 7 to 29 days, while Federal Bank is offering a 3.25% interest rate on deposits maturing in 30 to 45 days. Federal Bank currently offers fixed-rate deposits maturing in 46 days to 60 days at 4.00% and those maturing in 61 days to 90 days at 4.75%.

Deposits that mature in 91 to 119 days will earn interest at a rate of 4.75%, and those that mature in the following 120 to 180 days will now earn interest at a rate of 5%. The bank is offering an interest rate of 5.75% on deposits maturing in the next 181 days to 270 days, and a rate of 6.00% on deposits maturing in the next 271 days to less than a year.

Federal Bank now offers interest rates of 6.80% on FDs maturing in 1 year to less than 15 months and 7.25% on those maturing in 15 months to 2 years.

Deposits maturing from more than two years to less than three years will now earn interest at a rate of 6.75%, while those maturing from three years to less than five years will now earn interest at a rate of 6.60%. The bank offers an interest rate of 6.60% on FDs maturing in 5 years and above.

Period | General Citizen | Senior Citizen |

7 days to 29 days | 3.00% | 3.50% |

30 days to 45 days | 3.25% | 3.75% |

46 days to 60 days | 4.00% | 4.50% |

61 days to 90 days | 4.75% | 5.25% |

91 days to 119 days | 4.75% | 5.25% |

120 days to 180 days | 5.00% | 5.50% |

181 days to 270 days | 5.75% | 6.25% |

271 days to less than 1 year | 6.00% | 6.50% |

1 year to less than 15 months | 6.80% | 7.30% |

15 months to 2 years | 7.25% | 7.75% |

Above 2 years to less than 3 years | 6.75% | 7.25% |

3 years to less than 5 years | 6.60% | 7.10% |

5 years and above | 6.60% | 7.25% |

*Source: Bank website*

**Senior citizens**

Federal bank senior citizen will earn interest rate between 3.50% to 7.75% on tenure ranging from 7 days to 10 years.