3 days ago
City Union Bank Leads Karnataka Bank in 555-Day FD Rates
A fixed deposit is a way to keep money in a bank for a set time and earn interest.
This comparison looks at deposits lasting 555 days.
City Union Bank offers the highest interest rate among the six banks listed.
General citizens can receive 7.25% there, while senior citizens can receive 7.50%.
Karnataka Bank offers slightly less at 7.00% and 7.40%.
The difference is 25 basis points for general citizens and 10 basis points for senior citizens.
Other listed banks offer rates below both City Union Bank and Karnataka Bank.
People should also check withdrawal rules and taxes, because the highest rate may not be the only important factor.
City Union Bank offers 7.25% to general citizens and 7.50% to senior citizens for 555-day fixed deposits.
Karnataka Bank offers 7.00% to general citizens and 7.40% to senior citizens for the same tenure.
City Union Bank's rates are higher by 25 basis points for general citizens and 10 basis points for senior citizens.
Among the six listed banks, Union Bank of India offers the lowest rates at 6.55% and 7.05%, respectively.
Investors should review current terms, premature-withdrawal rules, tax treatment and liquidity needs before booking.
- Who
- General citizens and senior citizens comparing 555-day fixed deposits at six banks.
- What
- City Union Bank offers the highest listed interest rates, ahead of Karnataka Bank and four other banks.
- Where
- At City Union Bank, Karnataka Bank, Bank of Baroda, Indian Bank, Canara Bank and Union Bank of India.
- When
- The rates were reported using Paisabazaar data dated September 16, 2026.
- Why
- The comparison helps depositors evaluate returns while also considering terms, taxes and liquidity needs.
Key facts
- Tenure
- 555 days
- Top general-citizen rate
- City Union Bank: 7.25%
- Top senior-citizen rate
- City Union Bank: 7.50%
- Karnataka Bank rates
- 7.00% for general citizens and 7.40% for senior citizens
- General-citizen rate gap
- City Union Bank is 25 basis points above Karnataka Bank
- Senior-citizen rate gap
- City Union Bank is 10 basis points above Karnataka Bank
- Tax thresholds mentioned
- ₹50,000 in annual interest for non-senior citizens and ₹1 lakh for senior citizens, subject to applicable provisions
Sources
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