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FD Calculator 2026: Invest ₹10 Lakh for 444 Days in SBI, PNB or Central Bank, Check Maturity Returns
444 Days Special FD Calculator 2026: Fixed deposits remain a popular savings option among investors who prefer predictable returns over stock market volatility. Several public sector banks offer special-tenure fixed deposit schemes, including deposits with a maturity period of 444 days.
According to an October 29, 2026 report, State Bank of India (SBI), Punjab National Bank (PNB) and Central Bank of India offer 444-day fixed deposit products with different interest rates.
The report lists annual interest rates of 6.45% for SBI, 6.60% for PNB and 6.75% for Central Bank of India.
For investors planning to deposit ₹10 lakh, even a small difference in interest rates can affect the amount received at maturity.
However, before selecting a fixed deposit, customers should compare the interest rate, maturity value, premature withdrawal conditions and tax implications.
Here is a detailed comparison of the three reported 444-day FD schemes.
444-Day Special FD Interest Rates: SBI vs PNB vs Central Bank
| Bank | Reported annual interest rate | Deposit tenure |
|---|---|---|
| State Bank of India | 6.45% | 444 days |
| Punjab National Bank | 6.60% | 444 days |
| Central Bank of India | 6.75% | 444 days |
Rates are based on the supplied October 29, 2026 report and have not been independently verified against the banks' current official deposit rate schedules.
Among these three reported offers, Central Bank of India has the highest interest rate for the specified tenure.
However, this comparison applies only to the rates mentioned in the source report, not to every fixed deposit product available in the market.
How Much Will ₹10 Lakh Earn in 444 Days?
A cumulative fixed deposit generally allows interest to accumulate until maturity.
For the following comparison, assume that an investor deposits ₹10 lakh for 444 days and the bank calculates interest using quarterly compounding.
The exact maturity amount may differ slightly depending on the bank's interest calculation method, deposit date and rounding rules.
| Bank | Investment | Approx. interest | Approx. maturity amount |
|---|---|---|---|
| SBI (6.45%) | ₹10,00,000 | ₹80,944 | ₹10,80,944 |
| PNB (6.60%) | ₹10,00,000 | ₹82,886 | ₹10,82,886 |
| Central Bank (6.75%) | ₹10,00,000 | ₹84,831 | ₹10,84,831 |
Illustrative cumulative FD returns using quarterly compounding over 444 days. Figures are before tax and may vary slightly from actual bank maturity calculations.
The difference between the highest and lowest estimated interest earnings is approximately ₹3,887.
SBI Amrit Vrishti FD: Interest Rate and Returns
State Bank of India's special 444-day fixed deposit scheme is known as Amrit Vrishti.
According to the supplied report, the scheme offers an annual interest rate of 6.45% for general customers.
If a customer invests ₹10 lakh at this rate, the estimated interest earnings over 444 days would be approximately ₹80,944.
This means the total maturity amount could reach around ₹10,80,944.
The final payout will depend on the bank's applicable interest calculation rules and deposit terms.
Customers should confirm the current availability and rate of the scheme through SBI's official channels.
PNB 444-Day Special FD: How Much Can You Earn?
Punjab National Bank's reported 444-day FD rate is 6.60% per annum.
At this rate, an investment of ₹10 lakh could generate approximately ₹82,886 in interest over 444 days with quarterly compounding.
The estimated maturity value would therefore be ₹10,82,886.
Compared with the SBI rate mentioned in the report, PNB's rate is higher by 0.15 percentage points.
For the same investment and tenure, this results in approximately ₹1,942 more interest.
However, the actual return depends on the rate applicable when the deposit is booked.
Central Bank of India 444-Day FD: Highest Return in This Comparison
The supplied report lists Central Bank of India's 444-day special FD interest rate at 6.75% annually.
Among the three banks covered, this is the highest reported rate.
A ₹10 lakh cumulative deposit at 6.75% could generate approximately ₹84,831 in interest over 444 days.
The estimated maturity amount would be ₹10,84,831.
This is approximately ₹1,945 more than the estimated return from PNB's reported 6.60% rate.
However, customers should not choose a bank based only on a small interest rate difference.
Deposit insurance coverage, withdrawal rules, service convenience and other terms also deserve attention.
Compare Your FD Returns With This Calculator
Use the calculator below to estimate how much a fixed deposit could earn over 444 days.
Investment amount
₹10,00,000
Choose annual interest rate
SBI — 6.45%
PNB — 6.60%
Central Bank — 6.75%
Estimated maturity amount after 444 days
₹10,84,831
Interest earned
₹84,831
Investment period
444 days
Estimates assume quarterly compounding. Actual bank calculations and tax deductions may affect the final payout.
Do Senior Citizens Get Higher FD Interest Rates?
Many banks offer additional interest to eligible senior citizens.
For example, banks commonly provide a higher interest rate to customers aged 60 years or above on qualifying domestic term deposits.
However, the additional interest benefit varies according to the bank, deposit tenure and specific product.
The rates in the comparison above are the general customer rates mentioned in the report.
Senior citizens should confirm the separate rates available to them rather than assuming the same figures apply.
A higher rate can improve maturity returns, particularly for larger deposits.
Is FD Interest Taxable?
Yes. Interest earned from bank fixed deposits is generally taxable.
For individual taxpayers, FD interest is ordinarily reported under the category of income from other sources.
The amount is included in the taxpayer's total taxable income and taxed according to the applicable income tax provisions.
This means two investors earning the same FD interest may have different post-tax returns.
For example, an investor in a higher tax bracket may retain less of the interest after tax than an investor with a lower tax liability.
Banks may also deduct tax at source when the applicable conditions and thresholds are met.
Investors should understand that TDS is not necessarily their final tax liability.
What Happens If You Withdraw the FD Before 444 Days?
Special-tenure fixed deposits are designed for customers who can keep their money invested for the specified period.
If a customer withdraws the deposit before maturity, the bank may recalculate interest according to the actual holding period.
A premature withdrawal penalty may also apply, depending on the product's terms.
Some special FD schemes may have additional restrictions.
Therefore, investors should verify the withdrawal conditions before depositing funds.
Those who may need money for an emergency should consider their liquidity requirements carefully.
Is ₹10 Lakh in a Bank FD Fully Insured?
Bank fixed deposits are generally considered relatively stable savings products because they offer predetermined interest terms.
However, deposit insurance has a limit.
Under the Deposit Insurance and Credit Guarantee Corporation (DICGC) framework, eligible deposits are insured up to ₹5 lakh per depositor per bank, including principal and interest, subject to the applicable rules.
Therefore, a ₹10 lakh deposit in one bank is not fully covered by the standard deposit insurance limit.
Customers should consider this distinction when making larger deposits.
How to Check Official 444-Day FD Rates
Before investing, customers should check the current interest rate and whether the special-tenure product is still accepting deposits.
Official bank websites include:
Interest rates may change, and promotional FD products can be modified or discontinued.
The rate applicable to a new deposit is generally the rate offered under the bank's terms when the deposit is opened.
444-Day FD Calculator 2026: Which Bank Offers More Interest?
Based on the rates mentioned in the supplied report, Central Bank of India's 6.75% offer provides the highest estimated maturity amount among the three banks.
For a ₹10 lakh investment over 444 days, the approximate returns are ₹80,944 from SBI, ₹82,886 from PNB and ₹84,831 from Central Bank of India.
However, the difference between these offers is relatively modest compared with the total investment.
Investors should compare the latest official interest rates, premature withdrawal conditions, tax implications and deposit insurance coverage before selecting a 444-day FD.
Disclaimer: The interest rates are taken from the supplied October 29, 2026 report and have not been independently verified. Maturity calculations are illustrative and before tax. Actual returns depend on bank-specific terms and applicable interest calculation conventions.
