Tax Saving FDs: If you want to get the benefit of tax saving by investing in fixed deposit scheme, then invest in the tax saving FD scheme of banks.
Tax Saving Fixed Deposit Scheme: If you are looking for the best tax saving FD plan for investment, then we are telling you about the tax saving FD schemes of 5 banks with a tenure of 5 years.
Under the 5-year tax saving scheme of HDFC Bank, general customers are getting an interest rate of 7.50 percent. Whereas senior citizens will get the benefit of interest rate of 7.75 percent.
DCB Bank is offering 7.40 percent interest rate on 5 year tax saver FD to general customers and 7.90 percent interest rate to senior citizens.
Punjab National Bank is offering 6.50 percent interest rate on 5 year tax saving FD scheme to general customers and 7.00 percent interest rate to senior citizens.
State Bank of India is offering the benefit of 6.50 percent interest rate on 5 year tax saving FD to general customers and 7.00 percent interest rate to senior citizens.
Axis Bank general customers are getting the benefit of 5 year tax saving FD 7.00 percent interest rate. Whereas senior citizens are getting the benefit of 7.75 percent interest rate on tax saving FD.