Federal Bank 2 Years FD rate: 7.1% (general) & 7.6% (senior citizen). Maturity for ₹5 Lakh: ₹5,75,571.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Federal Bank offers 2 Years Fixed Deposit at 7.1% p.a. for general citizens and 7.6% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 1% penalty on applicable rate.
Tenure: 2 Years · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹28,779 | ₹3,779 | 15.1% |
| ₹50K | ₹57,557 | ₹7,557 | 15.1% |
| ₹1 Lakh | ₹1,15,114 | ₹15,114 | 15.1% |
| ₹2 Lakh | ₹2,30,228 | ₹30,228 | 15.1% |
| ₹5 Lakh | ₹5,75,571 | ₹75,571 | 15.1% |
| ₹10 Lakh | ₹11,51,142 | ₹1,51,142 | 15.1% |
| ₹25 Lakh | ₹28,77,855 | ₹3,77,855 | 15.1% |
| ₹50 Lakh | ₹57,55,710 | ₹7,55,710 | 15.1% |
| ₹1 Crore | ₹1,15,11,420 | ₹15,11,420 | 15.1% |
Federal Bank offers 2 Years Fixed Deposit at 7.1% p.a. for general citizens and 7.6% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in Federal Bank for 2 Years at 7.1% (quarterly compounding) will mature to approximately ₹5,75,571. The interest earned would be ₹75,571.
Yes, Federal Bank offers an additional benefit for senior citizens with a rate of 7.6% p.a. for 2 Years FD, which is 0.50% higher than the general rate.
The minimum deposit amount for Federal Bank Fixed Deposit is ₹5,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. Federal Bank's premature withdrawal policy: 1% penalty on applicable rate. It's recommended to keep the FD till maturity for maximum returns.