New Delhi, August 10, 2026: Investors looking for a high-return fixed deposit (FD) can compare special and comparable short-term FD options offered by Canara Bank, State Bank of India (SBI), and HDFC Bank.
For deposits below ₹3 crore, Canara Bank’s 444-day special FD currently offers the highest rate among the three options compared, followed closely by SBI’s Amrit Vrishti scheme.
FD Interest Rate Comparison
| Bank / Scheme | General Public | Senior Citizens (60+) | Position |
|---|---|---|---|
| Canara Bank – 444-Day Special FD | 6.50% | 7.00% | 🥇 Highest |
| SBI – Amrit Vrishti (444 Days) | 6.45% | 6.95% | 🥈 Close second |
| HDFC Bank – 1 Year to <18 Months | 6.25%–6.35% | 6.75%–6.85% | Third |
For an exact 444-day tenure, Canara Bank currently offers the highest rate among these three options.
₹1 Lakh FD: Approximate Returns
| Bank | Interest Rate | Approx. Interest | Approx. Maturity |
|---|---|---|---|
| Canara Bank | 6.50% | ₹8,150 | ₹1,08,150 |
| SBI Amrit Vrishti | 6.45% | ₹8,080 | ₹1,08,080 |
| HDFC Bank | ~6.30% | ₹7,900 | ₹1,07,900 |
These figures are illustrative. Actual maturity depends on the exact day count, compounding frequency and payout option selected.
Which FD Should You Choose?
1. Highest return — Canara Bank
If your priority is simply getting the highest interest rate for a 444-day deposit, Canara Bank’s 6.50% rate has the edge.
2. Large branch network — SBI
SBI’s Amrit Vrishti option is only marginally behind Canara Bank, making it an attractive choice for customers who prefer SBI’s extensive branch network and banking ecosystem.
3. Existing HDFC customers — HDFC Bank
HDFC Bank’s comparable tenure offers a somewhat lower rate, although customers who already use HDFC’s banking services may still prefer the convenience.
Important Points Before Booking an FD
- DICGC insurance covers eligible deposits up to ₹5 lakh per depositor per bank, subject to applicable rules.
- Premature withdrawal may attract a penalty, depending on the bank and FD scheme.
- FD interest is taxable according to the depositor’s applicable tax rules.
- Banks can revise FD rates, so investors should verify the current rate and terms on the bank’s official website or app before investing.
- The final maturity amount can differ from the illustrative calculation above.
Bottom Line
For someone specifically looking for a 444-day FD in August 2026, the comparison provided here puts Canara Bank at the top with 6.50% for general customers and 7.00% for senior citizens, followed closely by SBI.
This comparison is for information purposes only and should not be considered financial advice.
