Federal Bank in Kakinada
INTEREST RATES ON RESIDENT TERM DEPOSITS
PERIOD
Rate of Interest
Less than Rs. 15 Lakhs
Single Deposit of Rs. 15 Lakhs to less than 100 Lakhs
7 days to 14 days
3.50 %
3.50 %
15 days to 45 days
4.00 %
4.00 %
46 days to 90 days
4.50 %
4.50 %
91 days to 180 days
5.50 %
5.50 %
181 days to less than 200 days
6.50 %
6.50 %
201 days to less than 1 year
6.50 %
6.50 %
1 year to less than 2 years
7.75 %
8.00 %
2 years to less than 3 years
7.50 %
7.50 %
3 years to less than 5 years
8.00 %
8.00 %
5 years and above
8.00 %
8.00 %
Senior Citizens are eligible for an additional interest of 0.50 % over and above the mentioned rates.
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