Tax Saver FD (Fixed Deposit)

Tax savings with assured* returns

 

Why to invest?

  • Dual benefits of attractive interest rates and tax saving
  • Invest as small as 10,000
  • Get tax deduction up to 1,50,000 under Section 80C
  • Flexible interest pay out – monthly, quarterly or reinvestment in principal.

Know before you invest

  • 5-year lock-in period
  • Minimum investment of 10,000 and maximum of 150,000 for a duration of 5 years
  • Nomination - Nominate a single nominee to your account proceeds, whether held solely or jointly. Applicants are required to fill a form prescribed under the Banking Companies (Nomination Rules), 1985. For details, please visit the nearest ICICI Bank branch.
  • No premature withdrawal and auto-renewal facility.
  • Interest earned is taxable
  • FD allows only a one-time lump sum deposit

 

 

*Assured returns are subject to change due to Tax Deducted at Source (TDS), wherever applicable.