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Federal BankFixed deposit

Federal Bank FCNR(B) Deposit

Federal Bank's FCNR(B) deposit supports a broad foreign-currency set and publishes separate ordinary and high-value/special rate resources rather than one universal yield.

First-party evidencePublished researchReviewed September 10, 2026Active
Open primary bank source ↗Bank dossierCompare alternatives
Current rate evidenceFederal publishes a currency-specific FCNR(B) schedule effective 16 June 2026 and separate high-value/special pricing. Because some 3–5-year USD figures are tied to the temporary FCNR Max/RBI swap facility, the engine does not flatten them into an ordinary evergreen FCNR rate table.
Currency / amount / tenureFCNR(B) is available in multiple currencies including USD, GBP, EUR, JPY, CAD, AUD, CHF, NZD, SGD and HKD; ordinary tenure is 1 to 5 years under current FCNR rules.
Premature withdrawal / liquidityNo interest is payable before one year. Special FCNR Max deposits under the current RBI-linked window can carry a mandatory one-year lock-in and separate penalty terms; ordinary/high-value amount bands also have separate treasury pricing.
Deposit-state / funding ruleRate selection requires currency + amount band + ordinary versus special-scheme status; the engine refuses to merge the temporary FCNR Max curve with ordinary FCNR pricing.
Research processPublished by bankingreference.info

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 publishes a currency-specific FCNR(B) schedule effective 16 June 2026 and separate high-value/special pricing. Because some 3–5-year USD figures are tied to the temporary FCNR Max/RBI swap facility, the engine does not flatten them into an ordinary evergreen FCNR rate table.
02 · Currency / amount / tenureFCNR(B) is available in multiple currencies including USD, GBP, EUR, JPY, CAD, AUD, CHF, NZD, SGD and HKD; ordinary tenure is 1 to 5 years under current FCNR rules.
03 · Premature withdrawal / liquidityNo interest is payable before one year. Special FCNR Max deposits under the current RBI-linked window can carry a mandatory one-year lock-in and separate penalty terms; ordinary/high-value amount bands also have separate treasury pricing.
04 · Deposit-state / funding ruleRate selection requires currency + amount band + ordinary versus special-scheme status; the engine refuses to merge the temporary FCNR Max curve with ordinary FCNR pricing.
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.

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 14, 2026
FCNR(B) currency schedule effective 16 Jun 2026; temporary FCNR Max/high-value rates are kept distinct and therefore not normalized into ordinary currency anchors.

Federal Bank FCNR(B) ordinary/high-value resources; temporary FCNR Max/RBI swap-linked pricing explicitly separated from ordinary comparisons.

Browse deposit rate history
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 publishes a currency-specific FCNR(B) schedule effective 16 June 2026 and separate high-value/special pricing. Because some 3–5-year USD figures are tied to the temporary FCNR Max/RBI swap facility, the engine does not flatten them into an ordinary evergreen FCNR rate table.
Currency / amount / tenureFCNR(B) is available in multiple currencies including USD, GBP, EUR, JPY, CAD, AUD, CHF, NZD, SGD and HKD; ordinary tenure is 1 to 5 years under current FCNR rules.
Tax / repatriation / payoutPrincipal and interest are fully repatriable and interest is tax-exempt in India while eligible NRI status continues; foreign-currency denomination avoids INR conversion of the deposit principal.
Premature withdrawal / liquidityNo interest is payable before one year. Special FCNR Max deposits under the current RBI-linked window can carry a mandatory one-year lock-in and separate penalty terms; ordinary/high-value amount bands also have separate treasury pricing.
NRI / PIO / OCI eligibilityEligible NRI customers under Federal Bank FCNR/KYC rules.
Deposit-state / funding ruleRate selection requires currency + amount band + ordinary versus special-scheme status; the engine refuses to merge the temporary FCNR Max curve with ordinary FCNR pricing.
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 foreign-currency term deposits and are prepared to compare the exact currency, amount band and whether a temporary/special scheme applies.

Verify before relying
  • Federal’s 3–5-year USD rates in the June 2026 material can reflect the temporary FCNR Max/RBI swap facility valid through 30 September 2026, so they are not treated as an evergreen ordinary rate.
  • High-value FCNR deposits can be treasury-quoted separately.
  • Foreign-currency rates are not comparable to INR FD yields without currency context.
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.

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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.

01
Primary product / service sourcewww.federal.bank.in
Open source ↗02
Additional first-party evidencewww.federal.bank.in
Open source ↗
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.