Choose our Tax Saver scheme to invest lump sum and enjoy tax benefit with earning interest quarterly or on maturity. You can invest at fullest of your ceilings of investment to take benefit of tax rebates. The scheme is for longer duration, so you can have interest during or after maturity.

1. Period of deposit: 

Fixed Period Of 60 Months.

2. Interest Payment: 

Quarterly compounded interest payable on maturity or Quarterly Interest

3. Maximum amount on deposit: ₹ 1,50,000/-

4. Minimum amount on deposit: ₹ 5,000/-

5. Lock-in Period: 

60 months

6. Additional benifitis for Senior citizens: 

Not Applicable

7. Benifitis: 

Nomination Facility, Insurance coverage upto 5 lakh per customer

TDS

• The tax on interest earned is deductible in accordance with the provisions of the Income Tax Act 1961.
• 15G/15H is required to be submitted for exemption of TDS