5 Year Tax Saver Fd Axis Bank Interest Rate Variety Axis Bank offer various Fixed Deposit options like Regular FD Digital FD Tax Saver FD Fixed Deposit Plus and Auto FD to suit different financial goals Additionally
Tax saving fixed deposits are a type of FD with a tax benefit to the depositor The amount invested in a Tax Saver FD is exempt up to Rs 1 5 lakh under Section 80C of the Income Tax Act As with any other FD Axis Bank offers Tax Saver FD Scheme at an interest rate of 7 00 p a for regular citizens and 7 75 p a for senior citizens for 5 years tenure
5 Year Tax Saver Fd Axis Bank Interest Rate
5 Year Tax Saver Fd Axis Bank Interest Rate
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Tax Saver FD 5 Year Fixed Deposit For Tax Saving Scheme Explained
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Best Tax Saving FD Under Section 80C Interest Rates Eligibility
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A tax saver deposit in Axis Bank is a fixed deposit that offers assured rate of interest along with income tax deduction You can claim the tax deduction of up to Rs 1 5 lakhs under This scheme allows tax deductions of up to 1 5 lakhs within a financial year under Section 80C and comes with a 5 year lock in period The Axis Bank Tax Saver FD interest rate
Axis Bank offers FD interest rates of 3 00 7 20 p a to the general public and 3 50 7 75 p a to senior citizens on tenures ranging from 7 days to 10 years The bank also offers Axis Bank offers the Tax Saving FD at an attractive interest rate and a tenure of 5 years The minimum and maximum amounts that one can deposit are Rs 100 and Rs 1 5 lakh
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Additionally the bank offers Tax Saving FDs at 7 00 per annum for the general public and at 7 75 per annum for senior citizen depositors for 5 year tenures On tax saving FDs Axis Bank is currently offering an interest rate of 5 75 to the general public and 6 50 to senior citizens These rates are in force from 17th March 2022
5 year tax saver fixed deposit Interest rate taxation and features to know before you invest All banks provide tax saving FDs that come with a fixed rate of interest Section 80C provides a tax deduction of Rs 1 5 lakhs for investments in tax saving fixed deposits In contrast to other fixed deposits the Axis Bank Tax Saver FD has a five year
Axis Bank Tax Saving FD Features Interest Rates And Taxation
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Variety Axis Bank offer various Fixed Deposit options like Regular FD Digital FD Tax Saver FD Fixed Deposit Plus and Auto FD to suit different financial goals Additionally
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Tax saving fixed deposits are a type of FD with a tax benefit to the depositor The amount invested in a Tax Saver FD is exempt up to Rs 1 5 lakh under Section 80C of the Income Tax Act As with any other FD
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5 Year Tax Saver Fd Axis Bank Interest Rate - Given below are the revised Axis Bank Tax Saver fixed deposit rates with effect from 18 September 2023 for regular and senior citizens The Axis Bank Tax Saver Deposit has a