Senior citizens can get up to 8.1% on tax-saver FDs: Check best 5-year fixed deposit interest rates here
Tax-savings FDs are fixed deposits that allow investors to claim income tax deductions under section 80C of the Income-tax Act, 1961. They have a lock-in period of five years. If you are planning to invest in a tax-saving fixed deposit, compare the interest rates offered by the different banks here and then book a fixed deposit to get the best interest rate.
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