Archive · 21 Aug 2026
PSU Banks Compare 444-Day FD Rates on ₹5 Lakh
Several government-owned banks offer special fixed deposits lasting 444 days.
This is about 14.5 months.
A person investing ₹5 lakh can compare the banks’ interest rates.
Central Bank of India has the highest listed rate, at 6.75%.
Punjab National Bank and Indian Overseas Bank offer 6.60%.
Canara Bank offers 6.50%.
State Bank of India and Bank of Baroda offer 6.45%.
Higher interest rates generally mean more interest over the deposit period.
The article says the comparison uses quarterly compounding but does not show the final maturity amounts.
State Bank of India and Bank of Baroda offer 6.45% on 444-day deposits for general citizens.
Canara Bank offers a 6.50% interest rate on its 444-day fixed deposit.
Punjab National Bank and Indian Overseas Bank offer 6.60% on 444-day deposits.
Central Bank of India offers the highest listed rate at 6.75%.
The comparison assumes a ₹5 lakh investment with quarterly compounding, but the article does not provide maturity amounts.
- Who
- General citizens investing in fixed deposits with state-owned banks.
- What
- A comparison of interest rates for 444-day special fixed deposits on a ₹5 lakh investment.
- When
- The listed rates are effective on dates ranging from 17 March 2026 to 12 June 2026.
- Where
- At participating public sector banks in India.
- Why
- To identify which 444-day special FD offers the highest stated interest rate and potential return.
- Investment amount
- ₹5 lakh
- Deposit period
- 444 days, described as approximately 14.5 months
- Highest rate
- 6.75% at Central Bank of India
- Lowest listed rate
- 6.45% at State Bank of India and Bank of Baroda
- PNB and IOB rate
- 6.60%
- Canara Bank rate
- 6.50%
- Compounding basis
- Quarterly compounding