Bank FD Interest Rates: Are you a senior citizen looking for secure, high-return investments? The 444-day Fixed Deposit (FD) tenure has become a hot choice among Indian banks, offering attractive interest rates that often outperform regular FD plans. Here’s a curated overview of 7 top-performing banks where senior citizens can earn the highest interest on 444-day FDs:
Top 7 Banks for 444-Day FD Rates (Senior Citizens)
| Bank & Scheme | Senior Citizen Rate (p.a.) | General Citizens | Super Senior Citizens (if applicable) |
|---|---|---|---|
| Indian Bank – IND SECURE | 7.65% | 7.15% | 7.90% The Economic Times |
| Canara Bank 444-Day FD | 7.75% | 7.25% | — The Economic Times, Business League – Financial Experts |
| Bank of Baroda – Square Drive | 7.60% | 7.10% | 7.70% The Economic Times, Business League – Financial Experts |
| SBI – Amrit Vrishti | 7.35% | 6.85% | 7.45% The Economic Times, News9live |
| IDBI Bank – Utsav FD (444 days variant) | Up to ~6.90%+ | 6.75%–6.90% | — Samayam Telugu |
| Punjab & Sind Bank | ~7.75% (based on 444-day analogs) | 7.25% | — The Financial Express |
| Federal Bank – 444-Day FD | 8.00% | 7.50% | — Business Today |
Why These FDs are Great for Seniors
- Substantially Higher Yields
These schemes offer senior citizens a clear advantage with 50–75 bps extra over general rates and even higher for super seniors (80+ years)—ideal for steady, inflation-resistant income. - Moderate Tenure & Liquidity
At ~1.2 years, 444-day FDs strike a sweet spot—shorter than long-term schemes, but with significantly better yields than typical 1-year FDs. - Range of Banking Options
With choices across PSU banks (SBI, Canara, Indian Bank, etc.) and private sector (Federal Bank), you’re free to pick the one that aligns best with your comfort and digital access preference. - Timing & Availability
Most schemes are open till mid-to-late 2025—Indian Bank’s IND SECURE runs until September 30, 2025. Stay updated to invest before they close or revise rates.
Pro Tips for Seniors Considering 444-Day FDs
- Check the Small Print: Look into premature withdrawal penalties and interest frequency (monthly/quarterly/technical).
- Lock-In Rates Sooner: With RBI signaling possible rate cuts ahead, this is a favorable window to lock in high FD rates.
- Balance Risk and Return: While FDs are safe, consider laddering—spreading investments across tenures to optimize returns and liquidity.
