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| The scheme has several unique features, which are customer friendly and an attractive form of investment. |
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• It is not only the best way to save taxes but also the only way to get highest rates on deposits 9.00% (senior citizen 9.25% p.a)
• Fixed Deposit Tenure of 5 Years
• Minimum Deposit Amount is Rs.100 /- and maximum Amount is Rs.1,00,000/-
• Deposit account can be opened individually/ jointly. However the deduction from income under section 80 C of the act shall be available only to the first holder of the deposit.
• Fixed deposit with interest payment on monthly, quarterly, half yearly or yearly stretch. (or) Cumulative deposit with interest payable along with maturity.
• Tax benefit available up to a maximum limit of Rs.1,00,000/- under Sec 80 C.
• Nomination facility available.
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