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Federal BankFixed deposit

Federal Bank NRO Fixed Deposit

Federal Bank's NRO fixed deposit uses the bank's current resident/NRO term-deposit rate ladder while retaining NRO taxation and repatriation treatment.

First-party evidencePublished researchReviewed September 10, 2026Active
Current rate evidenceFederal states resident term-deposit rates are also applicable to NRO Fixed Deposits; the reviewed schedule effective 17 August 2026 reaches 6.70% at 48 months for the general/NRO rate.
Currency / amount / tenureMinimum interest-earning tenure is 7 days under the current Resident/NRO rate resource; product/channel minimum amount should be confirmed at booking.
Premature withdrawal / liquidityInterest is taxable/TDS applies under applicable law and treaty documentation; premature withdrawal uses the current completed-period rate and penalty structure.
Deposit-state / funding ruleFederal explicitly maps its resident term-deposit rate ladder to NRO FDs, but resident senior-citizen additions are not an NRO entitlement.
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 evidenceFederal states resident term-deposit rates are also applicable to NRO Fixed Deposits; the reviewed schedule effective 17 August 2026 reaches 6.70% at 48 months for the general/NRO rate.
02 · Currency / amount / tenureMinimum interest-earning tenure is 7 days under the current Resident/NRO rate resource; product/channel minimum amount should be confirmed at booking.
03 · Premature withdrawal / liquidityInterest is taxable/TDS applies under applicable law and treaty documentation; premature withdrawal uses the current completed-period rate and penalty structure.
04 · Deposit-state / funding ruleFederal explicitly maps its resident term-deposit rate ladder to NRO FDs, but resident senior-citizen additions are not an NRO entitlement.
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 year6.25%
15 months6.65%
18 months6.40%
2 years6.40%
3 years6.50%
4 years6.70%
5 years6.40%

Rate basis: Federal Bank resident term-deposit schedule explicitly stated to apply to NRO Fixed Deposits, effective 17 August 2026; senior addition excluded for NRI. · 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 12, 2026
Federal Resident/NRO callable schedule effective 17 Aug 2026; reviewed NRO/general peak 6.70% at 48 months.

Federal Bank resident term-deposit schedule explicitly stated to apply to NRO Fixed Deposits, effective 17 August 2026; senior addition excluded for NRI.

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 evidenceFederal states resident term-deposit rates are also applicable to NRO Fixed Deposits; the reviewed schedule effective 17 August 2026 reaches 6.70% at 48 months for the general/NRO rate.
Currency / amount / tenureMinimum interest-earning tenure is 7 days under the current Resident/NRO rate resource; product/channel minimum amount should be confirmed at booking.
Tax / repatriation / payoutLoan/advance up to 90% under the current NRO product page, premature withdrawal availability and outward repatriation of eligible balances/interest subject to NRO rules.
Premature withdrawal / liquidityInterest is taxable/TDS applies under applicable law and treaty documentation; premature withdrawal uses the current completed-period rate and penalty structure.
NRI / PIO / OCI eligibilityEligible NRI customers under Federal Bank NRO/KYC rules.
Deposit-state / funding ruleFederal explicitly maps its resident term-deposit rate ladder to NRO FDs, but resident senior-citizen additions are not an NRO entitlement.
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

Federal Bank NRI customers who want to term-deposit Indian-source rupee funds with access to the bank’s ordinary callable deposit ladder.

Verify before relying
  • Federal’s NRO product page contains stale tax-rate percentages; this engine deliberately stores only the durable “taxable/TDS under applicable law” treatment.
  • Do not use the resident senior column for an NRO NRI depositor.
  • NRO repatriation remains documentation- and regulation-dependent.
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.