444-Day Special FDs: SBI, Punjab & Sind Bank, IOB & more—Which PSU bank offers highest return on Rs 13,52,000 investment?

444-Day Special FDs: Fixed deposits (FDs) have traditionally been a favourite among conservative investors seeking stable and guaranteed returns. However, with the growing popularity of equities, mutual funds, and other market-linked investments, their appeal has slightly declined in recent years.

To revive investor interest, several banks are introducing limited-period special FD schemes that offer higher-than-usual interest rates. One such product is the 444-day Special FD, currently available from leading banks such as the State Bank of India (SBI), Punjab & Sind Bank, Indian Overseas Bank (IOB), and Indian Bank.

This article compares the interest rates offered by these banks on the 444-day Special FD and calculates the maturity value of an investment of Rs 13.52 lakh in each scheme.

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