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Deals & More Rates & Charges
Rates & Charges
 
FD, RD & iWish
General
(390 days - 2 yrs)
7.00% Apply Now
Senior Citizens
(390 days - 2 yrs)
7.50% Apply Now
 
Loans
Home Loan
(Upto 30 lacs)
9.00*% Apply Now
Personal Loan
(Upto 20 lacs)
11.25*% Apply Now

More Rates       Service Charges & Fees 

Tools and Calculators

    Tax Saving Bond

    Tax Saving Bond

    The investor can choose any/all of the following options in respect of Tax Saving Bond :

    OptionIII
    Tax Benefit under Section 88 88
    Issue Price (Rs.) 5,000 5,000
    Face Value (Rs.) 5,000 6,700
    Tenure 5 years 5 years
    Interest(%) (p.a.)* 5.80 DDB@(YTM 5.8 %)
    Interest Payable Annually DDB@
    Yield to Investor (%) * + # (Including Tax Benefits) 9.8 9.4
    Minimum Application 1 Bond 1 Bond

     

    @ Tax Saving Bond Option II is in the nature of Deep Discount Bond (DDB), hence no periodic interest is payable

    * Subject to TDS as per the then prevailing tax laws.

    + The yield has been calculated considering the tax rebate of 15% available to the investor and assuming that a surcharge of nil% and education cess of 2% of tax is payable in case of all the options

    # Rounded off to nearest multiple of 0.1.

     

    Regular Income Bond

    The investor can choose any/all of the following options in respect of Regular Income Bond :

     

    OptionIIIIII
    Issue Price/Face Value(Rs.) 5,000 5,000 5,000
    Tenure 5 years 7 years 10 years
    Interest(%) (p.a.)* 6.75 7.00 7.25
    Interest Payable Annually Annually Annually
    Yield to Investor (%) * # 6.8 7.0 7.3
    Minimum Application 3 Bonds 3 Bonds 3 Bonds

     

    * Subject to TDS as per the then prevailing tax laws.

    # Rounded off to nearest multiple of 0.1.

     

    Children Growth Bond

    The investor can choose any/all of the following options in respect of Children Growth Bond :

     

    OptionIII
    Issue Price (Rs.) 5,000 5,000
    Face Value (Rs.) 8,000 10,000
    Tenure 7 years 10 years
    Interest Payable DDB@ DDB@
    Yield to Investor (%) * # 6.9 7.2
    Minimum Application 2 Bonds 2 Bonds

     

    @ All Options are in the nature of Deep Discount Bond (DDB), hence no periodic interest is payable

    * Subject to TDS as per the then prevailing tax laws.

    # Rounded off to nearest multiple of 0.1.