Check Interest Rates Offered By Banks On Income Tax-Saving Fixed Deposit (FD)

Income tax-saving fixed deposit (FD), a special category of FD, help investors claim deductions under Section 80C of the Income Tax Act. According to the current Income Tax (I-T) law, a taxpayer can claim maximum tax deductions of up to Rs 1.5 lakh under Section 80C in a financial year. From state-run State Bank of India (SBI) to private sector peers HDFC Bank and ICICI Bank, major commercial banks pay interest at the rates of 6.60-7...