Federal Bank has revised interest rates on fixed deposits
Thu, Aug 18, 2022 5:55 PM

Federal Bank has revised interest rates on fixed deposits

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Federal Bank has raised the interest rates on fixed deposits below ₹2 crore. As per the bank's official website, the new interest rates are effective as of August 17, 2022. The bank now offers interest rates on fixed deposits with maturities ranging from 7 days to more than 75 months that span from 3.00% to 5.75% for the general public and 3.50% to 6.40% for senior citizens.

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