Special fixed deposit (FD) schemes are a hit with investors because banks usually provide higher interest rates on these compared to many regular FDs. These special FDs come with different tenures, offering both callable and non-callable options for the investors. One of the stand-out options is the 555-day deposit, which is quite popular.. Many leading banks offer the 555-day tenure with attractive interest rates to general customers, senior citizens and, in some cases, to super senior citizens.
Be sure to check out the 555-day FD interest rates of banks such as City Union Bank, Karnataka Bank, Bank of Baroda, Indian Bank, Canara Bank and Union Bank of India.