444-Day Special FDs: SBI, BoB, Punjab & Sind Bank and more—Which PSU bank offers highest return on Rs 8.55 lakh investment?

444-Day Special FDs: Several leading public sector banks have launched special fixed deposit (FD) schemes with unique tenures, and the 444-day FD has quickly become a favourite among investors. These deposits come with attractive interest rates for general, senior, and super senior citizens.

While fixed deposits have long been seen as a safe and stable investment choice, their popularity has declined slightly as more investors turn to equities, mutual funds, and other market-linked options. To attract more deposits, banks are now offering short-term special FDs that promise higher-than-usual returns.

At present, banks such as State Bank of India, Bank of Baroda, Punjab & Sind Bank, Indian Overseas Bank, Canara Bank, and several others are offering the 444-day special FD scheme.

This article compares the interest rates offered by these public sector banks and provides the estimated maturity value for an investment of Rs 8.55 lakh, making it easier to identify which bank offers the best return.

Representational images: Pixabay, Freepik, Unsplash

Disclaimer: The returns mentioned are indicative and for illustrative purposes only. Investors are advised to verify current rates and consult a certified financial advisor before making any investment decisions.