The HDFC Bank offer 5 Year Tax Saving Fixed Deposit

5 Year Tax Saving Fixed Deposit

Grow wealth securely and enjoy tax benefits of upto 1.5 lakhs p.a under section 80C.

Features and Benefits-

Minimum Amount – Rs. 100 & in Multiples of Rs. 100

Maximum amount – Rs. 1.5 Lakhs (in a FY)

Tenure – 5 Years (Lock In)

Can be booked with Monthly and quarterly payout

In the case of joint deposits, the Tax benefit under 80 c will be available only to the first holder of the deposit

Eligibility-

Resident individuals
Hindu Undivided Familie

Tax Deductions For Re-investment Fixed Deposits

The following will be applicable for a 5 Year Tax Saving Fixed Deposit

TDS will be deducted when interest payable or reinvested on RD and FD per customer across all branches, exceed Rs.10000 in a financial year

A TDS Certificate will be mailed to you after end of every quarter during the financial Year providing the details of TDS deductions during the year.

Contact-

Corporate Office

HDFC Bank House
1st Floor,C.S.No.6/242,
Senapati Bapat Marg,
Lower Parel,
Mumbai - 400 013.