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How to open tax saving fixed deposit in ICICI Bank

ICICI Bank tax-saving FD: ICICI Bank offers 7% interest on tax saving fixed deposit for general citizens and 7.50% for senior citizens. The minimum deposit limit for a Tax Saver FD is Rs 10,000 and the maximum is Rs 1,50,000.

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Up to 7 9% interest rate on tax-saving FDs: Latest senior citizen tax-saving FD rates of private, PSU banks

Tax saving fixed deposit provides a tax deduction under Section 80C of the Income Tax Act, 1961 of up to Rs 1.5 lakh annually. Here is a look at the interest rates offered by private and public sector banks on five-year tax-saving FDs.

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Benefits and Limitations of Tax-Saving Fixed Deposits

Benefits and Limitations of Tax-Saving Fixed Deposits
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Advantages & Disadvantages of Tax-Saving Fixed Deposits

For an Indian citizen, fixed deposits can bring lucrative financial security. But everything in this world has a good and bad side.

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Want to save money in 2022? Here are 7 investment schemes for tax saving

Want to save money in 2022? Here are 7 investment schemes for tax saving - Prevent tax deduction by investing in a number of schemes like NSC, Sukanya Samriddhi Yojana (SSY), PPF, NPS

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