Public sector banks have launched 444-day fixed deposits, offering slightly higher returns than regular FDs. SBI gives 6.60%, Punjab & Sind Bank 6.70%, Canara Bank 6.50%, while Indian Overseas Bank leads with 6.75%. A ₹7.25 lakh FD could grow to nearly ₹7.87 lakh. Experts advise verifying rates and consulting advisors before investing.