• Dhanalakshmi Bank Tax Saver Fixed Deposit

    Dhanalakshmi Bank offers a Tax Saver Fixed Deposit which you can invest in and also claim tax deductions. This is under the Income Tax Act, 1961 (Section 80C). These are the main features of the Dhanalakshmi Bank Tax Saver Fixed Deposit.

    Interest Rates on Dhanalakshmi Bank Tax Saver Fixed Deposit

    Tenure Interest Rate (p.a.)
    5 years 5.50%

    Features of Dhanalakshmi Bank Tax Saver Fixed Deposit

    Minimum deposit amount Rs.100
    Minimum tenure 5 years and 10 years
    Premature closure No
    Nomination Yes

    Eligibility for Dhanalakshmi Bank Tax Saver Fixed Deposit

    Dhanalakshmi Bank offers the tax saver fixed deposit facility to:

    • Individuals
    • HUF (Hindu Undivided Family)

    FAQs on Dhanalakshmi Bank Tax Saver Fixed Deposit

    1. What is the maximum amount that I can invest?

      You can invest up to Rs.1.5 lakh.

    2. What are the interest rates for senior citizens?

      Senior citizens get 0.5% higher for interest rates.

    3. Will I get a proof of investment?

      You can request the bank for a certificate and it will be issued to you.

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