Fixed Deposits (FDs) continue to be one of the most preferred investment options for Indian savers seeking safety and assured returns. To attract deposits, several Public Sector Banks (PSU Banks) have introduced special 444-day FD schemes offering higher interest rates than regular fixed deposits.
If you're planning to park your money for a little over a year, these special-tenure FDs could help you earn better returns. Here's a comparison of the latest 444-day FD rates offered by leading PSU banks in 2026.
Why Are Banks Offering 444-Day FDs?
Banks frequently launch special-tenure fixed deposits to attract fresh deposits without revising rates across all FD tenures. The 444-day FD has emerged as one of the most popular options because it offers a balance between short-term liquidity and attractive returns.
444-Day FD Interest Rates: PSU Bank Comparison
| Bank | FD Scheme | General Citizens | Senior Citizens | Super Senior Citizens |
| Indian Bank | IND Secure | 6.60% | 7.10% | 7.35% |
| PNB | Special 444-Day FD | 6.60% | 7.10% | 7.40% |
| Bank of Baroda | Square Drive Deposit | 6.60% | 7.10% | 7.10%+ |
| SBI | Amrit Vrishti | 6.45% | 6.95% | 7.05% |
Which PSU Bank Offers the Highest Return?
For regular depositors, Indian Bank, PNB, and Bank of Baroda currently offer the highest rate of 6.60% per annum on their 444-day FD schemes. SBI's Amrit Vrishti FD offers a slightly lower rate of 6.45% after a recent revision.
Among senior citizens, Indian Bank and PNB offer 7.10%, while SBI offers 6.95%. Super senior citizens receive the highest benefit from PNB, where returns can go up to 7.40%.
Also Read: Post Office Fixed Deposit Scheme 2026: Safe Investment With High Returns
Returns on ₹1 Lakh Investment
Assuming the prevailing rates remain unchanged for the entire tenure:
Indian Bank / PNB (6.60%)
- Investment: ₹1,00,000
- Tenure: 444 Days
- Estimated Maturity Value: ₹1.08 lakh+
SBI Amrit Vrishti (6.45%)
- Investment: ₹1,00,000
- Tenure: 444 Days
- Estimated Maturity Value: ₹1.08 lakh (approx.)
Actual maturity proceeds may vary based on compounding frequency and TDS deductions.
SBI Amrit Vrishti vs Indian Bank IND Secure
While SBI's Amrit Vrishti scheme enjoys strong brand recognition, Indian Bank's IND Secure FD currently offers a higher interest rate for both regular and senior citizens. Investors looking purely for returns may find Indian Bank more attractive, whereas those preferring India's largest bank may continue to choose SBI.
Canara Bank 444 FD Rates
For deposits below Rs 3 crore with a tenure of 444-days , Canara Bank is offering 6.50% rate to general individuals and 7% rate to senior citizens under the callable category. Under the non-callable category for deposits starting above Rs 1 crore, the bank is offering 6.60% to general category and 7.10% to seniors .
PNB 444 Days FD Rates
PNB is offering one of the highest rates on 444 special FDs , and the biggest beneficiary are super senior citizens who will get 7.40% interest rate . For senior citizens, the rate is at 7.10% . Lastly, for the general category, PNB offers 6.60% rate .
Bank of Baroda 444 Days FD Rates:
Bank of Baroda offers 444-dats term deposit scheme as bob Square Drive Deposit . The interest rate is at 6.45% p.a. for the general public, 6.95% p.a. for senior citizens , 7.05% p.a. for super senior citizens (aged 80 years & above ) and 5bps additional on Non-Callable Deposits.
Should You Invest in a 444-Day FD?
A 444-day FD can be a smart choice if:
- You want guaranteed returns.
- You do not need immediate liquidity.
- You are looking for better rates than standard 1-year FDs.
- You prefer low-risk investments over market-linked products.
However, remember that FD interest is taxable according to your income-tax slab and TDS rules may apply.
Also Read: Fixed Deposit Limits from 2026 along with New IT Rules
FAQs
Which PSU bank offers the highest interest rate on a 444-day FD in 2026?
Currently, Indian Bank and Punjab National Bank (PNB) offer among the highest interest rates of 6.60% per annum for general citizens on their 444-day fixed deposit schemes.
What is SBI's 444-day FD scheme called?
SBI's special 444-day fixed deposit scheme is known as the Amrit Vrishti FD Scheme. It offers higher returns than many regular FD tenures.
Is a 444-day FD better than a 1-year FD?
In many cases, yes. Banks often offer slightly higher interest rates on special-tenure FDs such as 444 days compared to standard 1-year deposits, helping investors earn better returns.
How much will ₹1 lakh grow in a 444-day FD?
The maturity amount depends on the bank's interest rate and compounding frequency. At an interest rate of around 6.60%, ₹1 lakh can grow to approximately ₹1.08 lakh after 444 days.
Are 444-day FD schemes safe?
Yes. Fixed deposits offered by PSU banks are considered among the safest investment options as they provide guaranteed returns and are backed by regulated banking institutions.
Can I withdraw money before the completion of 444 days?
Yes. Most banks allow premature withdrawal, but a penalty may be levied and the applicable interest rate may be lower than the contracted rate.
Do senior citizens get higher returns on 444-day FDs?
Yes. Most PSU banks offer an additional interest rate of 0.50% or more to senior citizens, resulting in higher returns compared to regular depositors.
Is TDS applicable on 444-day fixed deposits?
Yes. TDS may be deducted if the interest earned exceeds the prescribed threshold under the Income-tax Act. However, the tax liability depends on the depositor's total taxable income.
Which is better: SBI Amrit Vrishti FD or Indian Bank IND Secure FD?
If the objective is to maximize returns, Indian Bank's IND Secure FD currently offers a higher interest rate. However, SBI Amrit Vrishti may appeal to investors who prefer banking with India's largest public sector bank.
Can NRIs invest in 444-day FD schemes?
The availability of special FD schemes for NRIs varies from bank to bank. Investors should check the specific eligibility conditions with the respective bank before investing.
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