Win Assured Cashback
Our Advisors are available 7 days a week, 9:30 am - 6:30 pm to assist you with the best offers or help resolve any queries.
Get instant access to loans, credit cards, and financial tools — all in one place
Scan to download on
Personal Loan
Business Loan
Home Loan
Other Loans
Our Advisors are available 7 days a week, 9:30 am - 6:30 pm to assist you with the best offers or help resolve any queries.
Federal Bank offers NRE fixed deposits at interest rate ranging from 6.20% to 6.75% p.a. for tenures of 1 year to 10 years. Senior citizens are not eligible for interest rate premium on this fixed deposit scheme. Depositors can also avail loan or overdraft facilities against their NRE deposits.
Compare and choose from trusted banks and NBFCs
Manage all FDs in one place
No Bank A/c Required
Investments of up to Rs. 5L insured by DICGC
Invest in FD and Get Lifetime FREE Step Up Credit Card
Apply Now
|
Federal Bank NRE FD Rates Highlights |
|
| Highest slab rate | 6.75% p.a. (3 years) |
| For 1 year | 6.25% p.a. |
| For 2 years | 6.40% p.a. |
| For 3 years | 6.75% p.a. |
| For 4 years | 6.40% p.a. |
| For 5 years | 6.40% p.a. |
Note: Rates as of 31 March 2026
| Tenure | Interest Rates (p.a.) |
| 1 year | 6.25% |
| Above 1 year less than 15 months | 6.40% |
| 15 months | 6.70% |
| Above 15 months to less than 36 months | 6.40% |
| 36 months | 6.75% |
| Above 36 months to 10 years | 6.40% |
Manage all FDs in one place
No Bank A/C Required
| Tenure | Interest Rates (p.a.) |
| 1 year | 6.95% |
| 1 year 1 day to 15 months | 6.85% |
| Above 15 months to 18 months | 6.20% |
| Above 18 months to 2 years | 6.30% |
| Above 2 years to 3 years | 6.30% |
| Above 3 years to 5 years | 6.30% |
| Above 5 years | 6.30% |
| Tenure | Interest Rates (p.a.) |
| 1 year | 6.35% |
| Above 1 year less than 15 months | 6.50% |
| 15 months | 6.80% |
| Above 15 months to less than 36 months | 6.50% |
| 36 months | 6.90% |
| Above 36 months to 10 years | 6.50% |
Types of NRE Deposit
This is the standard NRE deposit where you invest a lump sum for a fixed period.
NRE Cash Certificate is a reinvestment plan where the interest earned is compounded quarterly and paid along with the principal on maturity to the depositor’s Federal Bank savings account.
NRE Deposit Plus (Non-Callable) offers a higher interest rate than a regular NRE FD and is available in two options such as Cash Certificate and fixed deposit.
Federal Rupee Plus is an NRE deposit scheme offering assured returns, tax-free interest and full repatriability.
Non-Resident Indians (NRIs), a Person of Indian Origin (PIOs) and Overseas Citizen of India (OCIs) as per FEMA definition can book Federal Bank NRE FDs, provided they have an NRE account with the Federal
Bank.
Can I take a loan or overdraft against my Federal bank NRE FD?
Yes, you can avail a loan or overdraft facility of up to 90% of the face value of the deposited amount against your Federal Bank NRE FD.
What is the highest Federal bank NRE FD interest rate?
The highest fixed deposit rate for Federal bank NRE FD is 6.75% p.a for the tenure of 3 years.
What are the available tenure options for Federal Bank NRE Fixed Deposits?
NRE FDs can be booked for tenures ranging from 1 year to 10 years, giving you flexibility to choose based on your investment goals.
Who is eligible to open a Federal bank NRE Fixed Deposit?
NRIs, PIOs and OCIs are eligible, provided they hold a valid NRE account with Federal Bank.
