A Deposit scheme to avail Income Tax benefit u/s 80C:
Any Individual or a Hindu Undivided Family [HUF] can invest a minimum amount of Rs 100/- or multiples thereof, to avail Income tax benefit u/s 80C of the Income Tax Act subject to a maximum of Rs 1,00,000/- in a financial year.
Investors can avail tax benefits while earning Higher returns / Yield on their deposits as interest rate offered is higher than the normal Card Rate.
NRI can also avail the benefit of this scheme .
Rate of Interest
Click Here to check Rate of Interest.