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ICICI Bank Tax-Saver Fixed Deposit
ICICI Bank brings to you the ICICI Bank Tax-Saver Fixed deposit as the perfect answer to all your needs. A Fixed deposit that offers you dual benefit of Tax Saving and High Returns on your investment.
- Tax Saving through tax exemption under section 80C of Income Tax Act, 1961
- High return in the form of higher interest rate of 8.5%
As per section 80 © of the Income tax Act, 1961, investments of up to Rs.1,00,000 qualify for deduction from the gross total income for purpose of tax calculations. ICICI Bank Tax Saver Fixed Deposit is structured to benefit you the most in terms of this provision.
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