Federal Bank NRE Scheme

The Federal Bank NRE tenure ranges from min 1 Year 2 Days to max 6 Year 3 Months 2 Days . The ROI ranges from 5.60% to 7.50 % for the general public. The lock-in period for this scheme is

Federal Bank NRE Scheme for amount below ₹ 2.0 Cr

The rate of interest for deposited amount less than ₹ 2.0 Cr is as below

Tenure

Interest Rate for General Public (p.a.)

1 Year 2 Days Upto 1 Year 3 Months 1 Days

7.30% p.a.

1 Year 3 Months 2 Days Upto 2 Year

5.60% p.a.

2 Year Upto 2 Year 19 Days

5.75% p.a.

2 Year 21 Days Upto 2 Year 8 Months 29 Days

7.30% p.a.

2 Year 9 Months 1 Days Upto 6 Year 1 Months 1 Days

7.05% p.a.

6 Year 1 Months 3 Days Upto 6 Year 3 Months 2 Days

7.00% p.a.

6 Year 3 Months 2 Days Upto

6.60% p.a.

Upto 6 Year 3 Months 2 Days

5.95% p.a.

Upto 6 Year 1 Months 2 Days

6.00% p.a.

Upto 2 Year 9 Months

6.25% p.a.

Upto 1 Year

6.80% p.a.

Upto 1 Year 3 Months 1 Days

7.50% p.a.

Upto 2 Year 20 Days

7.50% p.a.

Key features of Federal Bank NRE Scheme

Summary of Federal Bank NRE Scheme features :

Mutual Fund Schemes

NRE

CRISIL Rating

--

Lock-in Days

--

Loan Against FD

NA

Pre-mature Withdrawal

NA

FD Nominee

--

Tenure

1 Year 2 Days to 6 Year 3 Months 2 Days

General Public

5.60% to 7.50 %

Senior Citizen

--

Amount

--

*Interest rates are subject to change at the discretion of the bank. These Interest rates are with effect from 10 November 2021.

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