|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.1,00,000/- 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