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Deposits

Tax Saver Fixed Deposit

Save on your taxes and enjoy benefits with this 5-year fixed deposit

 

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Investment Amount

Minimum - Rs. 100
Maximum - Rs. 1,50,000

Tenure

5 year lock-in period

Choice Between Schemes

Pick between Tax Saving - Reinvestment Deposit or Tax Saving - Quarterly Interest Payout or Tax Saving – Monthly Interest Payout

Features and Benefits

Customers can book Tax Saver Fixed Deposit through any of our channels as mentioned below:

Internet Banking:

Step I

Login in to Internet Banking and select the deposit option. To login, click here.

Step II

Click on Create Recurring Fixed Deposit

Step III

Fill in the required account and nominee details

Step IV

On confirmation, the selected amount will be debited from your savings account and your Fixed Deposit will be created instantly. You would get a web receipt of the Tax Saver Fixed Deposit booked instantly. The value date for opening of the deposit and the rate applicable will be as per the date of request i.e. the day on which the savings account is debited

Step V

Post creation, the Tax Saver Fixed Deposit Advice will be mailed to your registered e-mail id if you are registered for e-statement and if not registered for e-statements, Physical advice will be dispatched to your communication address. You will be able to also view the Tax Saver Fixed Deposit advice in Internet Banking after one working day of deposit booking

Branch:

Customer can visit to their nearest Axis Bank branch to open Tax Saver Fixed Deposit

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