Top 10 Tax Saver Fixed Deposit (FD): The new year has started and the country’s financial year will end on 31 March 2021.
In this case, if you have not yet invested to save income tax, then banks can also consider tax saving FD. Here one gets good interest with investment protection. If you want to invest in tax saving FD of banks, then here we are telling you the interest rates of income tax saving FD of top 10 banks. The income tax-saving FD is 5 years. That is, in such FD you can withdraw money only after 5 years. Let’s know the interest rates of these FDs.
– While SBI Bank is paying 5.30% interest to the general public on tax saving FD, 5.80% interest to senior citizens.
-ICICI Bank is paying 5.35% interest to the general public on tax saving FD, while 5.85% to senior citizens.
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– While HDFC Bank is paying 5.50 per cent interest on tax saving FD to the general public, 6.25 per cent interest is being given to senior citizens.
Canara Bank is paying 5.30% interest to the general public on tax saving FD, while 5.80% to senior citizens.
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– While Axis Bank is paying 5.75% interest to the general public on tax saving FD, 6.25% to senior citizens.
Bank of Baroda is paying 5.30 per cent interest on tax-saving FD to ordinary people, while 5.80 per cent is being given to senior citizens.
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– IDFC Bank is giving 6.75% interest to the general public on tax saving FD, while 7.25% to senior citizens.
Corporation Corporation is paying 5.45 per cent interest on tax saving FD to ordinary people, while 5.95 per cent interest to senior citizens.
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PNB is paying 5.30% interest to the general public on tax-saving FD, while 6.05% interest to senior citizens.
– IDBI Bank is giving 5.30% interest to the general public on tax saving FD, while 5.90% interest to senior citizens.