When it comes to fixed deposits (FDs), many investors look for the best tenure that offers high returns while ensuring safety and liquidity. Recently, schemes like the 444 days FD and 555 days FD have gained massive popularity due to their special interest rates. But the real question is—where will you get the best returns: 444 Days FD vs 555 Days FD?
In this detailed guide, we’ll break down both options, explain which banks offer the highest rates, and help you decide the most profitable choice. By the end, you’ll clearly understand why one might suit your financial goals better—and you’ll be ready to invest confidently.
444 Days FD vs 555 Days FD
| Feature | 444 Days FD | 555 Days FD |
|---|---|---|
| Top Interest Rate (General) | Up to 7.45% (Central Bank of India) | Up to 7.45% – 7.50% (Punjab & Sind Bank) |
| Senior Citizen Interest Rate | Up to 7.95% | Up to 8.00% (Non-Callable) |
| Premature Withdrawal | Allowed (Callable FDs) | Callable FDs allow, Non-Callable FDs restrict |
| Liquidity | Moderate flexibility | Moderate to Low (if non-callable) |
| Best Option For | Investors seeking balance | Investors wanting maximum returns |
| Available Banks | Central Bank of India, SBI, Punjab & Sind Bank | IDBI Bank, Punjab & Sind Bank, Central Bank |
If you’re seeking the best returns and can lock your funds without needing early access, the 555 Days FD (Punjab & Sind Bank & IDBI Bank) currently offers higher interest rates, especially for senior citizens. However, if liquidity and flexibility are your priorities, 444 Days FD schemes from Central Bank of India or SBI provide excellent returns with moderate flexibility.
Why Are 444 Days FD vs 555 Days FD So Popular?
Banks regularly introduce special FD schemes with odd tenures like 444 days or 555 days to attract more customers. These schemes usually offer higher interest rates than regular term deposits.
The logic is simple:
- Banks want stable deposits for a specific period.
- Investors want better returns than the standard FD offerings.
Thus, it’s a win-win when banks offer special rates for these tenures.
Let’s dive into the best options available in March 2025, with actual interest rates offered by top banks!
see also: Golden Opportunity to Save Tax Before the End of March
444 Days FD Schemes: Rates & Features
Central Bank of India – Cent Super Callable FD
- Interest Rate (General): 7.45%
- Senior Citizens: 7.95%
- Minimum Deposit: ₹10,000
- Premature Withdrawal: Allowed with penalty
- Callable/Non-Callable: Callable
- Official Link: Cent Super Callable FD
Example:
If you invest ₹1,00,000 for 444 days at 7.45%, you will receive approx. ₹9,070 as interest (pre-tax).
State Bank of India (SBI) – Amrit Kalash (444 Days)
- Interest Rate (General): 7.10% – 7.25%
- Senior Citizens: 7.60% – 7.75%
- Scheme Validity: Till March 31, 2025
- Premature Withdrawal: Allowed
- Official Link: SBI Amrit Kalash FD
555 Days FD Schemes: Rates & Features
IDBI Bank – Utsav Callable FD
- Interest Rate (General): 7.40%
- Senior Citizens: 7.90%
- Scheme Validity: Valid till February 15, 2025
- Premature Withdrawal: Allowed (Callable)
- Official Link: IDBI Utsav FD Details
Punjab & Sind Bank – Special 555 Days FD
- Interest Rate (General):
- Callable FD: 7.45%
- Non-Callable FD: 7.50%
- Senior Citizens:
- Callable: 7.95%
- Non-Callable: 8.00%
- Premature Withdrawal:
- Callable FD: Allowed
- Non-Callable FD: Not allowed
- Official Link: Punjab & Sind Bank FD Rates
444 Days FD vs 555 Days FD: Which One Offers the Best Returns?
Who Should Choose 444 Days FD?
If you want moderate liquidity (option to withdraw early if needed).
Suitable if you plan to invest for around 1 year and 2-3 months.
Slightly lower rates, but better flexibility.
Best Bank Picks:
- Central Bank of India (7.45%)
- SBI Amrit Kalash (7.25%)
Who Should Choose 555 Days FD?
If you want maximum interest rates, especially for senior citizens (up to 8.00%).
Suitable for those comfortable locking in funds for 1.5 years.
Non-callable FDs offer better rates but no early withdrawal.
Best Bank Picks:
- Punjab & Sind Bank (Up to 8.00%)
- IDBI Bank Utsav FD (Up to 7.90%)
How to Choose Between Callable & Non-Callable FDs?
| Feature | Callable FD | Non-Callable FD |
|---|---|---|
| Premature Withdrawal | Allowed (with penalty) | Not Allowed |
| Interest Rate | Slightly lower | Higher (0.05%-0.10% more) |
| Flexibility | High | Low |
| Best For | People who may need liquidity early | Those willing to lock-in funds |
Investing in 444 Days FD vs 555 Days FD
- Check Rates on Bank Websites:
Visit banks like SBI, Central Bank, Punjab & Sind Bank, IDBI Bank to compare rates.
(Links provided above!) - Choose Callable or Non-Callable Option:
Decide based on your liquidity needs. - Visit Bank or Apply Online:
Most banks allow easy online FD booking. - Verify Tenure (444/555 Days) & Interest Rates:
Double-check if special rates apply. - Submit KYC Documents:
Aadhaar, PAN, Address Proof required. - Receive FD Certificate/Receipt:
Keep it safe. Check maturity date & payout options (monthly, quarterly, on maturity).
see also: SBI RD Scheme: If you deposit ₹10,000, you will get ₹16,89,871
444 Days FD vs 555 Days FD FAQs
1. Which FD is better for senior citizens—444 or 555 days?
555 days FD, especially from Punjab & Sind Bank, offers up to 8.00% interest rate for senior citizens, making it the best option if you can lock your funds.
2. Is premature withdrawal allowed for these FDs?
Yes, Callable FDs allow premature withdrawals, but you may face a penalty of 0.50%-1.00%. Non-callable FDs do not allow withdrawals before maturity.
3. Are these FD schemes safe?
Yes, all listed schemes are from government or well-established banks. Additionally, deposits up to ₹5 lakh are insured under DICGC insurance.
4. Can NRIs invest in these special FD schemes?
It depends on the bank’s policy. Most of these schemes are for resident Indians. NRIs should check NRE/NRO FD options.
