Up to 7.50% interest rate on 555-day FD: Check highest rates for general and senior citizens

Fixed deposits (FDs) continue to be a popular choice for investors who want stable returns without taking a market risk. While FD interest rates vary across banks and tenures, special FDs can sometimes offer more attractive rates than regular FDs. One such tenure is 555 days, on which, some banks are currently offering interest rates of up to 7.25% to general citizens. Senior citizens can earn up to 7.50% on the same tenure.

Check the latest 555-day FD interest rates from banks such as City Union Bank, Karnataka Bank, Bank of Baroda, Indian Bank, Canara Bank and Union Bank of India.

City union Bank 555-day FD interest rate

City Union Bank offers an FD interest rate of 7.25% to general citizens on a tenure of 555 days, while senior citizens earn a higher rate of 7.50% on the same tenure.

Karnataka Bank 555-day FD interest rate

Karnataka Bank offers an FD interest rate of 7% to general citizens, while senior citizens earn a higher rate of 7.40% on the 555-day tenure.

Indian Bank 555-day FD interest rate

Indian Bank offers an FD interest rate of 6.65% to general citizens on a 555-day tenure. Senior citizens earn a higher rate of 7.15% on the same fixed deposit.

Union Bank of India 555-day FD interest rate

Union Bank of India offers an interest rate of 6.55% on the 555-day-tenure FD to general citizens. For senior citizens, the rate is 7.05%.

Canara Bank 555-day FD interest rate

Canara Bank offers an interest rate of 6.60% on its 555-day FD to general citizens, and to senior citizens, the bank offers a 7.10% rate.

Bank of Baroda’s 555-day FD rate

Bank of Baroda offers an interest rate of 6.75% on the 555-day-tenure FD to general citizens. For senior citizens, the bank is offering a 7.25% rate.

555-day FD interest rates

Bank	555-day FD interest rate – General citizens	555-day FD interest rate – Senior citizens
City Union Bank	7.25%	7.50%
Karnataka Bank	7.00%	7.40%
Bank of Baroda	6.75%	7.25%
Indian Bank	6.65%	7.15%
Canara Bank	6.60%	7.10%
Union Bank of India	6.55%	7.05%

Source- Paisabazaar data as on September 16, 2026

The interest rates are for the 555-day fixed deposit tenure as provided in the information above. FD rates can change, so depositors should check the respective bank's latest rate before booking the FD.

TDS on fixed deposit

For non-senior citizens below 60 years, TDS on interest income applies when the total interest earned during a financial year exceeds Rs 50,000. For senior citizens aged 60 years and above, the threshold is higher at Rs 1 lakh in a financial year. These limits are applicable to the aggregate interest income covered under the relevant TDS provisions.