Tax Saver Fixed Deposit

  • Easy tax saving investment option under section 80C

  • Low minimum deposit of ₹1,000 and maximum of ₹1,50,000 in one financial year

  • Tenure – 5 to 10 years (lock-in) 

  • Nomination facility available 

  • Convenient deposit opening through Internet Banking, Phone Banking or at the nearest branch 

 

View the complete and updated list of interest rates and charges

For Individual

  • Identity proof
  • Address proof
  • One latest passport size photograph

    Documents acceptable as Identity and Address Proof (for Domestic Individual Savings Accounts – Opening of Accounts/Address Change/ Periodic Updation of KYC [Re-KYC]):

    1. Proof of possession of Aadhaar number
    2. Passport 
    3. Driving license
    4. Voter ID Card (Issued by Election Commission of India)
    5. Job Card by NREGA duly signed by an officer of the State Government
    6. Letter issued by National Population Registry confirming details of name and address
    7. Only a single copy of the document is required if it is listed under both address and identity proof, e.g. Passport/Aadhar Card
    8. If mailing address and permanent address are different, provide address proof documents for both

For Hindu Undivided Family

  • Copy of PAN Card / Form 60 with proof of existence of HUF entity
  • HUF Mandate
  • Proof of identification and address of the Karta as per documentation for individual
  • Prescribed Joint Hindu Family Letter signed by all the adult coparceners

For Joint Account

  • Address and identity proof documents for both applicants
  • A single address proof to the primary account holder will only be accepted if it is supplemented by a relationship proof between both holders
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