Maximize Your Savings Through Ujjivan Small Finance Bank's Tax Saving Fixed Deposit
Mar 20, 2025
Bangalore (Karnataka) [India], March 20: Tax Saving Fixed Deposits are gaining a great deal of interest from investors seeking higher yields and tax related savings. High interest rates offered by banks and its dependability in safeguarding investor funds contribute to its popularity. In comparison to savings accounts, FDs offer a better potential for earning interest. Further, Fixed deposit investment offers a tax deduction under Section 80C of the Income Tax Act of 1961. Any investor can claim a deduction of a maximum of Rs. 1.5 lakh per year by investing in a tax-saving fixed deposit account.
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