Tax Exempt Deposit

Tax Exempt Deposit

Claim a deduction of up to INR 1,50,000 per annum, by investing in Tax Exempt Fixed Deposit

Key Features
Save tax as you earn interest

Book deposits with a minimum amount of INR 500 and a maximum amount of INR 1,50,000

Book deposits with a minimum amount of INR 500 and a maximum amount of INR 1,50,000

Safe and guaranteed return yielding product with an umbrella of Tax Exemption under Section 80C

Safe and guaranteed return yielding product with an umbrella of Tax Exemption under Section 80C

Book deposits from home via Internet Banking and earn Reward Points

Book deposits from home via Internet Banking and earn Reward Points

Fixed lock-in period of 5 years

Fixed lock-in period of 5 years

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Other Benefits

  • Flexible interest frequency, i.e. Monthly, Quarterly, Half-yearly, Yearly & On Maturity
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