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Both State Bank of India (SBI) and Indian Bank are the major options for investing in Fixed Deposit (FD) on a period of 444 days in India. Both banks offer a limited period special schemes in which interest rates are updated from time to time. Compare the existing interest rates for this period: Indian Bank’s “IND SECURE” scheme is 6.90% per year for general customers at 444 days FD, while senior citizens get 7.40% per year, while senior citizens get 7.40% and super senior citizens up to 7.65%. The scheme is valid till 30 September 2025. On the other hand, SBI’s “Amrit Varsha” scheme is given 6.60% to general customers for 444 days FD, 7.10% to senior citizens and 7.20% to super senior citizens. These rates are in force since June 15, 2025. It is clear from these data that Indian Bank is providing a slightly better interest rate from SBI for this period, especially for senior and super senior citizens. Investors should also pay attention that minimum amount, loan facility, Premature Withdrawal Penalty etc. may be different according to the bank’s policies. Indian Bank can prove to be a better option. If you already have an SBI account, SBI can also be preferred in terms of convenience, but Indian Bank is a little ahead in terms of interest rate.