Tax Saver FD (Fixed Deposit) From ICICI Bank

State Maharashtra
Country India
5 Views

Tax Saving Fixed Deposit from ICICI Bank (5-year lock-in period) – Save tax and earn high returns with ICICI Tax Saving fixed deposit schemes.

Why to invest?

  • Dual benefits of attractive interest rates and tax saving
  • Invest as small as ₹10,000
  • Get tax deduction up to ₹1,50,000 under Section 80C
  • Flexible interest pay out – monthly, quarterly or reinvestment in principal.

Know before you invest

  • 5-year lock-in period
  • Minimum investment of ₹10,000 and maximum of ₹150,000 for a duration of 5 years
  • Nomination – Nominate a single nominee to your account proceeds, whether held solely or jointly. Applicants are required to fill a form prescribed under the Banking Companies (Nomination Rules), 1985. For details, please visit the nearest ICICI Bank branch.
  • No premature withdrawal and auto-renewal facility.
  • Interest earned is taxable
  • FD allows only a one-time lump sum deposit

 

Visit us to know more.

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