Gateway to Digital Life. Download AU 0101.
Search for a product
Personal Banking > Tax Saver Fixed Deposit

Tax Saver Fixed Deposit

Features & Benefits of Tax Saver Fixed Deposits

AU_feature

Tax Exemption

Save on your taxes by availing tax exemption under Section 80C of Income Tax Act, 1961.

AU_feature

Interest Pay-Out

Avail flexible interest pay-out options-Monthly, Quarterly or Cumulative.

AU_feature

Minimum & Maximum Deposits

Minimum INR 1,000 and Maximum of INR 1,50,000 for a 5-year lock-in-period.

AU_feature

Simply More for Senior Citizen

Doorstep Fulfillment along with additional interest of 0.50%*.

About Tax Saver Fixed Deposits

    Invest in our Tax Saver Fixed Deposits and avail tax exemption under Section 80C with attractive interest rates.

    • Minimum INR 1,000 and Maximum of INR 1,50,000 for a 5-year lock-in-period.
    • Doorstep Fulfilment along with additional interest of 0.50%* -Senior Citizen

Note

1. As per the Term Deposit Scheme, 2006 issued by the Central Government of India, premature withdrawal, partial withdrawal and Loan & Overdraft facility against Tax Saver Fixed Deposit are not permitted. 2. In the case of joint deposits, the tax benefit will be applicable to the primary or first holder of the deposit.

Relevant
What is a Fixed Deposit - AU small finance bank What Is A Fixed Deposit
Most Read
How does a Bank Calculate Interest on Your FD| AU Small Finance Bank How Does A Bank Calculate Interest On Your Fixed Deposits
Recent
Financial Lessons to Learn from the Olympics Financial Lessons to Learn from the Olympics