RBL Bank offers a number of tax-savings products in the form of banking instruments for customers who want to invest as well as save on tax. The customers of RBL Bank can save tax under Section 80C, 80D, 80E, 80TTA of the Income Tax Act, 1961.
Saving tax is one of the most important aspects of financial planning. Tax-saving instruments on offer differ in terms of returns, liquidity, flexibility and safety. There are various kinds of tax-saving instruments such as education loans, public provident fund (PPF), housing loans, ULIPs and National Savings Certificate (NSC) among others.
RBL Bank offers various kinds of products on offer which provide tax benefits under various sections such as 80C, 80E and 80TTA.
RBL Bank offers tax saver fixed deposits and home loans which offer tax benefits under Section 80C of the Income Tax Act, 1961.
RBL Bank offers tax saver fixed deposits which enjoy exemption as per Section 80C. RBL tax saver deposits offer attractive returns as well. The minimum tenure is 5 years while the maximum is 10 years. The minimum amount of deposit is Rs.100 while the maximum is Rs.1.5 lakh. RBL Bank does not allow any partial or premature withdrawals on its tax saver fixed deposits. The tax benefits in case of joint accounts will be available to the first holder of the fixed deposit.
RBL Bank offers education loans for funding your higher studies either in India or abroad.
RBL Bank offers health insurance policies on which you can claim deduction on the premium paid. A maximum deduction of Rs.25,000 can be availed on the premium paid. Senior citizens can claim a deduction of Rs 30,000 (maximum).
RBL Bank offers various kinds of savings bank accounts which offer tax benefits. The interest on saving accounts can be claimed as deduction (Rs.10,000) under Section 80TTA of the IT, Act 1961.
You can avail of various tax-saving financial instruments from RBL Bank either by visiting your nearest branch.
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.