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Fixed deposit comparison

HDFC Bank NRE Fixed Deposit vs Federal Bank NRE Fixed Deposit

Compare HDFC Bank NRE Fixed Deposit and Federal Bank NRE Fixed Deposit using the controlling cost, balance, rate, tenure, liquidity, limits, eligibility and current first-party bank evidence for this product type.

Fixed deposit comparison

HDFC Bank NRE Fixed Deposit vs Federal Bank NRE Fixed Deposit

Compare the two source-backed records without collapsing unlike conditions into a winner score.

Latest underlying reviewSeptember 10, 2026
HDFC BankHDFC Bank NRE Fixed Deposit

NRIs/PIOs who want to convert eligible overseas funds into an INR term deposit while preserving full repatriability and NRE tax treatment.

Cost / pricing
For deposits below ₹3 crore, the reviewed Domestic/NRO/NRE schedule effective 19 August 2026 pays 6.25% at 1 year, 6.45% around the 18-month-to-3-year bands and 6.50% in the 3-year-1-day to under-4-year-7-month band. Senior-citizen additions do not apply to NRIs.
Reviewed
September 10, 2026
Evidence
3 bank sources
Open product research
Federal BankFederal Bank NRE Fixed Deposit

Federal Bank NRI customers who want an INR NRE term deposit with a clearly published current tenure ladder.

Cost / pricing
For single deposits below ₹300 lakh effective 17 August 2026, the reviewed NRE schedule runs from 6.25% at 1 year to a 6.70% 48-month rate, with 6.40%–6.50% across surrounding bands.
Reviewed
September 10, 2026
Evidence
2 bank sources
Open product research
Compare like with likeThese records share the same product type.
Conditions stay attachedBalance, tenure, channel, relationship and effective-date wording stays visible.
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littleden.blog · Comparison research sheet

HDFC Bank NRE Fixed Deposit vs Federal Bank NRE Fixed Deposit

Prepared 14 Sep 2026 · Source page: https://littleden.blog/compare-banking/hdfc-nre-fixed-deposit-vs-federal-nre-fixed-deposit/

General product research only. Recheck the listed first-party sources before acting because product terms can change after the recorded review dates.

Decision checkpoints

Answer the questions that can actually change the choice.

Each checkpoint reproduces the recorded product fields instead of assigning a winner. Read the condition, scope and missing-data state before treating a difference as useful to you.

01Are you comparing the same customer, amount and tenure?Start with the eligible customer or relationship and any balance, funding or tenure requirement.

HDFC Bank NRE Fixed Deposit

NRI / PIO / OCI eligibility
Eligible Non-Resident Indians and Persons of Indian Origin under HDFC Bank NRE deposit/KYC rules.
Currency / amount / tenure
Minimum tenure is 1 year and maximum tenure is 10 years; applicable amount band and the live booking rate control the contracted return.

Federal Bank NRE Fixed Deposit

NRI / PIO / OCI eligibility
Eligible Federal Bank NRE/NRI customers under current KYC and deposit-opening rules.
Currency / amount / tenure
Minimum interest-earning tenure is 1 year; FedMobile terms state a ₹1,000 minimum for Cash Certificate/FD and a maximum term of 10 years, subject to channel/product eligibility.
02Which dated rate schedule applies to that deposit?Match the customer category, currency, amount, tenure and effective date before comparing quoted rates. No return is calculated here.

HDFC Bank NRE Fixed Deposit

Current rate evidence
For deposits below ₹3 crore, the reviewed Domestic/NRO/NRE schedule effective 19 August 2026 pays 6.25% at 1 year, 6.45% around the 18-month-to-3-year bands and 6.50% in the 3-year-1-day to under-4-year-7-month band. Senior-citizen additions do not apply to NRIs.

Federal Bank NRE Fixed Deposit

Current rate evidence
For single deposits below ₹300 lakh effective 17 August 2026, the reviewed NRE schedule runs from 6.25% at 1 year to a 6.70% 48-month rate, with 6.40%–6.50% across surrounding bands.
03What happens if you need the money before maturity?Read the full liquidity and relationship conditions, including any recorded early-exit or payment restrictions.

HDFC Bank NRE Fixed Deposit

Premature withdrawal / liquidity
No interest is paid if the NRE deposit is broken before completing 1 year. Premature-closure pricing after the minimum tenure follows the bank’s current term-deposit rules.
Deposit-state / funding rule
The NRE account state determines permissible funding, tax treatment and repatriability; the rate applicable when HDFC receives the funds controls the booking.

Federal Bank NRE Fixed Deposit

Premature withdrawal / liquidity
A 1% premature-closure penalty applies to NRE term deposits opened/renewed under the bank’s stated current rule; no NRI senior/staff additional benefit.
Deposit-state / funding rule
NRE term-deposit rules and rate table are maintained separately from resident/NRO and special non-callable Deposit Plus structures.
Other maintained comparisons for HDFC Bank NRE Fixed DepositOther maintained comparisons for Federal Bank NRE Fixed Deposit
Exact terms

Put the controlling banking fields side by side.

The stored field wording is preserved. Product-type-specific evidence follows this generic comparison where deeper structured research exists.

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Banking product terms side by side for HDFC Bank NRE Fixed Deposit and Federal Bank NRE Fixed Deposit
Decision factorHDFC Bank NRE Fixed DepositFederal Bank NRE Fixed Deposit
Current rate evidenceFor deposits below ₹3 crore, the reviewed Domestic/NRO/NRE schedule effective 19 August 2026 pays 6.25% at 1 year, 6.45% around the 18-month-to-3-year bands and 6.50% in the 3-year-1-day to under-4-year-7-month band. Senior-citizen additions do not apply to NRIs.For single deposits below ₹300 lakh effective 17 August 2026, the reviewed NRE schedule runs from 6.25% at 1 year to a 6.70% 48-month rate, with 6.40%–6.50% across surrounding bands.
Currency / amount / tenureMinimum tenure is 1 year and maximum tenure is 10 years; applicable amount band and the live booking rate control the contracted return.Minimum interest-earning tenure is 1 year; FedMobile terms state a ₹1,000 minimum for Cash Certificate/FD and a maximum term of 10 years, subject to channel/product eligibility.
Tax / repatriation / payoutPrincipal and interest are fully repatriable; interest is tax-exempt in India under current NRE treatment; joint holding and overdraft/loan facilities are available subject to product rules.Digital booking through eligible Federal channels, payout/reinvestment choices and NRE repatriation/tax treatment under current rules.
Premature withdrawal / liquidityNo interest is paid if the NRE deposit is broken before completing 1 year. Premature-closure pricing after the minimum tenure follows the bank’s current term-deposit rules.A 1% premature-closure penalty applies to NRE term deposits opened/renewed under the bank’s stated current rule; no NRI senior/staff additional benefit.
NRI / PIO / OCI eligibilityEligible Non-Resident Indians and Persons of Indian Origin under HDFC Bank NRE deposit/KYC rules.Eligible Federal Bank NRE/NRI customers under current KYC and deposit-opening rules.
Deposit-state / funding ruleThe NRE account state determines permissible funding, tax treatment and repatriability; the rate applicable when HDFC receives the funds controls the booking.NRE term-deposit rules and rate table are maintained separately from resident/NRO and special non-callable Deposit Plus structures.
Tenure-by-tenure rates

Compare only the tenure anchors both banks actually publish.

These are nominal annual rates from the reviewed first-party schedules. Effective dates can differ, and no universal winner is inferred from one tenure.

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Shared deposit tenure rates for HDFC Bank NRE Fixed Deposit and Federal Bank NRE Fixed Deposit
TenureHDFC Bank NRE Fixed DepositFederal Bank NRE Fixed Deposit
1 year6.25%6.25%
15 months6.35%6.65%
18 months6.45%6.40%
2 years6.45%6.40%
3 years6.45%6.50%
4 years6.50%6.70%
5 years6.40%6.40%

HDFC Bank NRE Fixed Deposit

Schedule reference: August 19, 2026. HDFC Domestic/NRO/NRE callable fixed-deposit schedule below ₹3 crore effective 19 August 2026; NRI senior additions excluded.

Federal Bank NRE Fixed Deposit

Schedule reference: August 17, 2026. Federal Bank NRE term-deposit schedule below ₹300 lakh effective 17 August 2026.

Wrong-fit risks

Keep each product’s cautions beside the product.

A useful comparison shows what can make either option unsuitable instead of averaging those conditions into a score.

HDFC Bank

HDFC Bank NRE Fixed Deposit

  • Do not apply the resident senior-citizen rate column to an NRE deposit.
  • Breaking the deposit before one year means no interest.
  • The INR return does not remove exchange-rate risk when money is converted into or out of rupees.
Federal Bank

Federal Bank NRE Fixed Deposit

  • Non-resident accounts are not eligible for the resident senior-citizen additional rate.
  • Deposit Plus is a separate non-callable product and should not be substituted into this callable profile.
  • Premature closure changes realised yield.
Research tools

Continue from the pair into exact product-level research.

These tools help narrow or inspect the records. They do not replace bank eligibility, live pricing or account-specific controls.

Independent source state

Verify each product from its own bank evidence.

One side's source depth or freshness never fills a gap in the other record.

MethodologyResearch statusMore banking comparisons

First-party source appendix

These are the exact source URLs already attached to the two research records. Re-open the controlling documents before relying on a fee, rate, limit, eligibility rule or benefit.

HDFC Bank NRE Fixed Deposit

Reviewed September 10, 2026 · 3 attached first-party sources

  1. Issuer product pagehttps://www.hdfc.bank.in/nri-banking/fixed-deposit-rupee-account/nre-fixed-deposit
  2. Issuer product pagehttps://www.hdfc.bank.in/nri-banking/fixed-deposit-rupee-account/nre-fixed-deposit/rates
  3. Issuer product pagehttps://www.hdfc.bank.in/interest-rates

Federal Bank NRE Fixed Deposit

Reviewed September 10, 2026 · 2 attached first-party sources

  1. Issuer product pagehttps://www.federal.bank.in/-/nre-fixed-deposits-description-1
  2. Terms & conditionshttps://www.federal.bank.in/fedmobile/terms-and-conditions/terms-15gh