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Federal BankFixed deposit

Federal Bank Deposit Plus (Non-Callable)

Federal Bank’s non-callable Deposit Plus for high-value resident and NRO term deposits, with a separate premium rate ladder and no normal premature closure.

First-party evidencePublished researchReviewed September 10, 2026Active
Current rate evidenceDeposit Plus rates effective 17 August 2026 reach 6.85% p.a. for general customers and 7.35% p.a. for eligible senior citizens at the reviewed 48-month tenor.
Currency / amount / tenureMinimum amount is ₹1,00,00,001 and the minimum period is 12 months under the reviewed first-party terms.
Premature withdrawal / liquidityPre-closure is not allowed under the standard Deposit Plus terms; this materially changes liquidity versus an ordinary callable FD.
Deposit-state / funding ruleThis is a separate non-callable product and should be compared against callable FDs only after pricing the loss of liquidity.
Research processPublished by littleden.blog

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

2 first-party sources
Last checkedSeptember 10, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: October 10, 2026.

Critical decision facts

Rate, tenure, liquidity and booking conditions belong together.

A headline deposit rate is incomplete without the dated schedule, tenure band, customer category and premature-withdrawal rules.

01 · Current rate evidenceDeposit Plus rates effective 17 August 2026 reach 6.85% p.a. for general customers and 7.35% p.a. for eligible senior citizens at the reviewed 48-month tenor.
02 · Currency / amount / tenureMinimum amount is ₹1,00,00,001 and the minimum period is 12 months under the reviewed first-party terms.
03 · Premature withdrawal / liquidityPre-closure is not allowed under the standard Deposit Plus terms; this materially changes liquidity versus an ordinary callable FD.
04 · Deposit-state / funding ruleThis is a separate non-callable product and should be compared against callable FDs only after pricing the loss of liquidity.
Exact product-type evidence

Fixed deposit evidence stays in its own structure.

Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.

Comparable tenure points

Rate anchors you can compare without reading a headline maximum.

Only tenure points directly represented by the reviewed bank schedule are stored. We do not interpolate a rate between published bands.

Research matrix: Tenure; General; Eligible senior
TenureGeneralEligible senior
1 year6.35%6.85%
15 months6.75%7.25%
2 years6.50%7.00%
3 years6.60%7.10%
4 years6.85%7.35%
5 years6.50%7.00%

Rate basis: Federal Bank Deposit Plus non-callable Resident/NRO schedule effective 17 August 2026. · Effective/reference date: August 17, 2026

Rate history

Dated deposit-rate snapshots.

Effective-date evidence is preserved instead of silently replacing an older rate when a bank reprices new deposits.

Observed September 9, 2026
Non-callable Deposit Plus: 6.35%–6.85% general and 6.85%–7.35% eligible senior across reviewed 1–5y bands.

Federal Bank Deposit Plus non-callable Resident/NRO schedule effective 17 August 2026.

Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Current rate evidenceDeposit Plus rates effective 17 August 2026 reach 6.85% p.a. for general customers and 7.35% p.a. for eligible senior citizens at the reviewed 48-month tenor.
Currency / amount / tenureMinimum amount is ₹1,00,00,001 and the minimum period is 12 months under the reviewed first-party terms.
Tax / repatriation / payoutA separate premium non-callable rate ladder for 1-to-5-year tenures, including a 48-month peak under the reviewed schedule.
Premature withdrawal / liquidityPre-closure is not allowed under the standard Deposit Plus terms; this materially changes liquidity versus an ordinary callable FD.
NRI / PIO / OCI eligibilityEligible resident and NRO depositors under Federal Bank rules; resident senior-citizen additions do not turn the NRO variant into a senior-NRI product.
Deposit-state / funding ruleThis is a separate non-callable product and should be compared against callable FDs only after pricing the loss of liquidity.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

Depositors with more than ₹1 crore who are certain they can hold to maturity and want to compare a non-callable premium rate with ordinary callable Federal Bank FDs.

Verify before relying
  • Minimum funding exceeds ₹1 crore.
  • Pre-closure is not allowed under normal terms.
  • The NRO variant remains taxable under applicable NRO rules and should not inherit NRE tax treatment.
  • A higher rate is not automatically better if liquidity may be needed before maturity.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.