National Toll Free No1800 425 00 000
National Toll Free No1800 425 00 000

IB Tax Saver Scheme

IB Tax Saver Scheme

Interest Application

  • Quarterly

Salient Features

  • In order to cater to the needs of depositors who wants to avail tax benefit under section 80C of Income Tax Act, this scheme is launched.

Min Amt

  • Minimum amount Rs.100 or in multiples of Rs.100

Min Period

  • Minimum 5 years
  • Maximum 10 years Individuals/HUF having PAN Card can invest upto Rs.1,50,000/- in a financial year

Other Requirements/Details

  • Specially designed scheme to avail tax rebate under section 80C of income Tax Act
  • Available under FD/RIP schemes.
  • No loan / foreclosure allowed upto 5 years