Note from Editor
Compare Tax Saving FD Rates. You are looking for alternatives to save your tax and thought about investing in tax saving FD.
Then it is always wise to invest in a bank which gives you the best return on Principal.
Please find the list of features applicable for Tax Saving FD Rates
1. Lockin Period for Tax Saver FD is 5 yrs and this cannot be broken before 5 yrs.
2. A maximum of Rs 1 lakh is exempted under Section 80C scheme, even though the amount of such deposit can be more than 1 lac.
3. Interest earned through this scheme is taxable on accrual basis, as is with any other fixed deposit.
Rates Update Year : 2023
Applicable for deposits upto 2 cr