Federal Bank offers RDs with interest rates around 6.75 % for one‑year deposits and 6.50 % for three‑year deposits. Senior citizens receive an additional 0.50 %. The minimum monthly instalment is generally ₹500. As rates change often, verify the current rate card and rules on premature withdrawal from the bank’s website.
Federal Bank RD Rate Snapshot
| Tenure | Approx. RD rate |
|---|---|
| 1 year | 6.75 % |
| 3 years | 6.50 % |
| 5 years | 6.25 % |
Compare Federal Bank’s RD rates with those of small finance banks if seeking higher returns.
