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Though they rank low on returns but is the simplest way to save tax. The interest rate you get is as per the prevailing FD rates. Also, tax-saving FDs come with. Benefits · Savings and investments in Fixed Deposits of not less than 5 years in scheduled banks would now qualify under section 80C of the Income Tax Act. Citibank India offers recurring deposits(RD), fixed deposits(FD), tax-saving deposits, etc at attractive interest rates! Check out Citibank Rd and FD rates.

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The money invested in a tax-saver bank FD is eligible for a deduction of up to Rs lakh under Section 80C of the Income Tax Act, and subject to a lock-. Tax Saver Fixed Deposit interest rates provided by major banks in India on the Tax Saver 5 year FD option provided by them. These interest rates are as on. PNB Tax Saver Fixed Deposit Scheme helps you to avail tax deductions under Section 80C of the Income Tax Act, So, you can save taxes as well as earn.

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Tax Saver Fixed Deposit interest rates provided by major banks in India on the Tax Saver 5 year FD option provided by them. These interest rates are as on. Though they rank low on returns but is the simplest way to save tax. The interest rate you get is as per the prevailing FD rates. Also, tax-saving FDs come with. Having a low-risk appetite and wanting to save tax? Maybe a Tax Saver Fixed Deposit is the one for you! Does it come with a lock-in period? Know this and more.