The Knockout Stage of the 1995 Fed Cup Americas Zone Group I was the final stage of the Zonal Competition involving teams from the Americas. Those that qualified for this stage placed first and second in their respective pools.
| Placing | Pool A | Pool B |
|---|---|---|
| 1 |  Mexico |  Paraguay |
| 2 |  Colombia |  Brazil |
| 3 |  Venezuela |  Chile |
| 4 |  Peru |  Cuba |
The four teams were then randomly drawn into a two-stage knockout tournament, with the winner advancing to the World Group II Play-offs.
| Semifinals 14 April | Final 15 April | ||||||||
| Mexico | 2 | ||||||||
| Colombia | 0 | ||||||||
| Mexico | 0 | ||||||||
| Paraguay | 2 | ||||||||
| Brazil | 0 | ||||||||
| Paraguay | 2 | ||||||||
 Mexico 2 | Caracas Sports Club, Caracas, Venezuela 14 April 1995 Hard (outdoors) |  Colombia 0 | |||||||||||||||||||||||||||||
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 Paraguay 2 | Caracas Sports Club, Caracas, Venezuela 14 April 1995 Hard (outdoors) |  Brazil 0 | |||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Mexico 0 | Caracas Sports Club, Caracas, Venezuela 15 April 1995 Hard (outdoors) | Paraguay 2 | |||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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