Tax Saver FD: Only 8 days are left before the end of the financial year. To save tax, invest in many different schemes. In this, tax saving FD is a famous tax saving option.
As it is known from the name of tax saving FD that by investing in it you get the benefit of tax exemption. By investing in tax-saving FD, you will get a rebate of up to Rs 1.5 lakh under section 80C of income tax.
There is a lock-in period of 5 years for investing in this scheme. If you also want to save tax, then you can invest in tax-saving FD. Let us know which banks are offering the highest interest rates on these FDs to their general customers.
Axis Bank, IndusInd Bank and Yes Bank, the country's largest private sector banks, are offering a 7.75% interest rate on 5-year tax-saving FDs to their customers.
The country's largest public sector bank i.e. State Bank of India is also offering customers an interest rate of 7.50 per cent on 5-year tax saver FDs.
At the same time, HDFC Bank, ICICI Bank and IDFC First Bank are offering a 7.5 percent interest rate on tax saver FD to the customers.
At the same time, the country's second-largest public sector bank i.e. Punjab National Bank is offering a 7 percent interest rate on tax saver FD.
