# Central Bank of India offers 6.75% on 444-day FD, topping PSU bank rates 2026-08-21T05:55:36+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets Central Bank of India offers the highest 444-day fixed deposit rate of 6.75% among major public sector banks, followed by Punjab National Bank and Indian Overseas Bank at 6.60%. A Rs 5 lakh deposit in Central Bank of India's 444-day scheme would yield approximately Rs 42,416 in interest, giving a maturity amount of Rs 5,42,416, according to Economic Times and Livemint. State Bank of India and Bank of Baroda offer the lowest rates at 6.45% on their 444-day special deposits. The tax implication on FD interest remains: interest earned is fully taxable as income under the Income Tax Act. All rates quoted are for general citizens, with senior citizens typically receiving a 0.50% higher rate. The maturity figures are approximate, as actual calculations vary by each bank's compounding method and day-count basis. Investors should compare the effective yield before locking funds for the 444-day tenure. ## Indian Opinion Analysis Both outlets essentially served as interest-rate calculators for readers shopping for a 444-day FD. Neither carried any reporting on RBI policy, government savings goals, or the broader economy. The straight factual presentation puts this coverage firmly in the neutral-report category across both sources. For a reader trying to decide where to park Rs 5 lakh for 14.5 months, the clear takeaway is Central Bank of India's 6.75% rate leads the pack by a visible margin. The key number to watch remains the actual effective yield after compounding, since the article notes bank methodology may vary. ## Coverage Coverage: 2 sources, 2 neutral - economictimes.indiatimes.com (neutral report) Straight rate-comparison list, no editorial stance - livemint.com (neutral report) Identical rate-table approach, no slant beyond math This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-21T16:32:40+00:00. Tags: Bank of Baroda, Canara Bank, Central Bank of India, Indian Overseas Bank, Punjab National Bank, State Bank of India Canonical: https://indianopinion.org/central-bank-of-india-tops-psu-banks-with-6-75-on-444-day-fd/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/central-bank-of-india-tops-psu-banks-with-6-75-on-444-day-fd/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/