New Delhi, Aug. 21 -- State-owned banks offer higher returns on special-tenure fixed deposits (FD), outperforming standard term deposits. Among these, the 444-day FD scheme is a popular pick for general citizens seeking higher yields over a 14.5-month horizon.

Here is how the top public sector undertaking (PSU) banks stack up for a Rs.5 lakh investment based on current interest rates and quarterly compounding:

State Bank of India's (SBI) special 444-day FD is offered under its 'Amrit Vrishti' scheme. The bank currently offers a 6.45% annual interest rate to general citizens on this deposit.

Bank of Baroda offers a 444-day special deposit under its BoB Square Drive Deposit Scheme. General citizens can earn an interest rate of 6.45% on t...