How much will ₹5 lakh grow in a 444-day special FD? Top PSU bank fixed deposit rates and returns compared
State-owned banks offer higher returns on special-tenure fixed deposits (FD), outperforming standard term deposits. Among these, the 444-day FD scheme is a popular pick for general citizens seeking higher yields over a 14.5-month horizon.
Here is how the top public sector undertaking (PSU) banks stack up for a ₹5 lakh investment based on current interest rates and quarterly compounding:
SBI 444-day FD interest rate
State Bank of India’s (SBI) special 444-day FD is offered under its ‘Amrit Vrishti’ scheme. The bank currently offers a 6.45% annual interest rate to general citizens on this deposit.
BoB 444-day FD interest rate
Bank of Baroda offers a 444-day special deposit under its BoB Square Drive Deposit Scheme. General citizens can earn an interest rate of 6.45% on the deposit. The stated rate is effective from 12 June 2026.
Canara Bank 444-day FD rate
Canara Bank offers a 444-day fixed deposit carrying an interest rate of 6.50% for general citizens. The applicable interest rate is effective from 17 March 2026.
Central Bank of India 444-day FD interest rate
Central Bank of India offers one of the highest rates among the PSU banks covered here. Its 444-day deposit provides a 6.75% interest rate to general citizens, with the rate applicable from 10 May 2026.
PNB 444-day FD interest rate
Punjab National Bank (PNB) offers a 6.60% interest rate to general citizens on its 444-day fixed deposit. The rate is applicable from 1 June 2026.
IOB 444-day FD interest rate
Indian Overseas Bank also offers a 6.60% interest rate to general citizens on its 444-day deposit. The applicable rate is effective from 15 May 2026.
Among these banks, Central Bank of India offers the highest interest rate at 6.75%, followed by PNB and Indian Overseas Bank at 6.60%. SBI and Bank of Baroda offer 6.45%, while Canara Bank offers 6.50% on their respective 444-day deposits
Note: The maturity amounts are approximate and may vary depending on the bank’s compounding method and day-count calculation.
