Skip to main content
Bank Deposits

Tax-saving fixed deposits

Allow me to introduce you to a unique type of fixed deposit that offers a valuable tax break to investors. This deposit allows individuals to invest a certain amount of money and receive a tax benefit in return. The maximum benefit can be availed for investments up to Rs 1 lakh, with a mandatory lock-in period of 5 years.

Related terms

Sweep Account

Understand the meaning and definition of Sweep Account in the context of stock market, trading, and investments.

MORE
Deposit time slabs

Understand the meaning and definition of Deposit time slabs in the context of stock market, trading, and investments.

MORE
Bank fixed deposits

Understand the meaning and definition of Bank fixed deposits in the context of stock market, trading, and investments.

MORE
Repayment

Understand the meaning and definition of Repayment in the context of stock market, trading, and investments.

MORE
Future Value

Understand the meaning and definition of Future Value in the context of stock market, trading, and investments.

MORE
Interest payout

Understand the meaning and definition of Interest payout in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91