2022 New Tax Saver Fixed Deposit Interest Rates – Step By Step Guide

Tax Saver Fixed Deposit Interest Rates

In the last few days, many government banks and many private banks have increased the interest rate of their FDs i.e. fixed deposits. Within the fixed deposit, you have to deposit your money for a fixed period and in the same, if you get your money fixed for five years, then it is a bonus. Tax Saver Fixed Deposit Interest Rates

Tax Saver Fixed Deposit and within that you also get a deduction under Section C of the Income Tax Act.

Up to 1.5 lakh rupees i.e. in the year in which you get the FD and the money you deposit, you get a deduction up to 1.5 lakh rupees in that year. You do not have to pay tax on that amount.

Now we learn What is the interest rate going on in different categories, all government banks, all private banks and all small finance banks.

What are the interest rates on Tax Saver FD’s i.e. fixed deposits for five years? so let’s start this issue today, first of all, talk. You get FD for five years of all government banks. Tax saver FD inside any government bank then what interest will you get.

If you are a general citizen or you are a senior citizen then as you can see. The names of six banks have come up and this is their number four to Interstate Bank, five inside the nine percent Bank of India

Point 2 Percent Inside Indian Bank 525 Inside Punjab National Bank 5525 Inside UCO Bank 553 This is the latest information. Taken from the Bank’s website on 25th May 2022 and for Senior citizens you can see the interest.

You will get to see the extra interest of point five percent inside almost everyone. Now let’s talk about the rest of the government bank, which comes on top of Punjab and Sind Bank, where you will get 554 percent interest. Tax Saver Fixed Deposit Interest Rates

For senior citizens, five points is an interest of nine percent. Talking about Indian Overseas Bank, there is an interest of five point four five percent and it is of 5595.

Talking about State Bank of India for senior citizens, here you will get to see the interest of five point five percent and for senior citizens, the interest of six point three percent is going on. Even within Union Bank, five points is five percent.

For Senior Citizens, up to 6%, the five points within the Central Bank of India is five percent and six percent and the last one is the government bank.

Canara Bank, inside which you will get to see five point seven five percent i.e. maximum government bank inside Canara Bank and you will get to see six point two five percent, senior citizen. Tax Saver Fixed Deposit Interest Rates

Tax Saver Fixed Deposit Interest Rates
Tax Saver Fixed Deposit Interest Rates

Now let’s talk about all the private banks in the same way, although now there are many private banks, but only 12 popular private banks have been selected as you can see.

Here are the names of these six banks

Inside Bandhan Bank, you will get five percent. Inside IDBI 554 Axis Bank will get 5 points 7-5 percent Federal also 575 ICICI and Kotak will get 5 points 7-5 percent interest.

Some banks here offer deposits for senior citizens. Some bank points give 7 to 5 extra, so here you can see. Six five, three-five percent of the contractors inside Bandhan Bank for senior citizens are also the same inside IDBI.

Point 5 percent interest inside Axis Bank is 6-4 with Federal. There is 455 inside ICICI and while inside Kotak Mahindra Bank, the interest of two to five percent will be seen. In a divided comparison, you get to see a little more interest in a private bank.

Now let’s talk about the private bank where you will get to see the most interest, then inside HDFC, you will get five point seven five percent interest.

Yes Bank Chandra will get 655% interest for senior citizens and 625 percent for senior citizens, up to 7 percent interest will be available. Within IDFC also 56 is two five and here the point is seven five.

You can see inside RBL Bank for Senior Citizens. Point is three percent and 6% for senior citizens of eight percent and IndusInd Bank Chandra gets interest of six and a half percent and BC of seven percent for senior citizens also you get the highest interest inside the bank.

Inside a private bank which is a good point, You get to see an interest of six percent and seven points for one percent for senior citizens. Tax Saver Fixed Deposit Interest Rates

The small finance banks of this small finance bank, provide you more interest than the private bank, so all the small finance banks see their interstate, as you can see.

With this, you will get five percent within this small finance. Senior Citizens Five Point Seven Five Capital, this small finance bank Canara will get an interest of 6.5% and 6.5%.

Inside Equitas, you will get an interest of 6 and a half. Within Northeast Small Finance, an interest of 6.5 and 7% will be available.

Shivalik Inside this small finance bank you will find the address of 56 two five and 6.75 percent and Ujjivan small finance canara bank 56 and seven points will get an interest of one percent.

Now let’s talk about this basic finance where you get the most interest, then Utkarsh this small finance. Under Chandra you get an interest of 6575 percent and for senior citizens you get an interest of 7525 percent in Jana Small Finance Bank when you get seven point five five percent interest in seminars. What asked inside Small Finance Bank?

Which gives a 5% return and is 7525. For Senior Citizens and also inside Small Finance Bank you can see. Four point seven five and seven points two get an interest of five percent and talk in the last. Tax Saver Fixed Deposit Interest Rates

Fin Care Here you get an interest of 7% from this small finance bank. Highest for General citizens and Senior citizens also here you get an interest of 7.5 percent, which is a little less than Jan Finance Bank, but you get interested up to seven and a half percent.

The post office where you make a term deposit of five years, which is called a time deposit.

There you get to see an interest of six point seven percent, so friends as you saw. In many banks, you will get to see an interest of seven and a half percent and more.

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