SBI Tax Savings Scheme: Interest Rate, Lock-In Period, Other Details

State Bank of India (SBI), country's largest lender, has urged customers to invest in tax saving schemes to lower their tax burden. "Evaluate your financial goals to invest in tax saving instruments accordingly, to save taxes," said SBI on microblogging website - Twitter. SBI's tax savings scheme 2006, a type of fixed deposit (FD) scheme, offers tax benefits of up to Rs 1.5 lakh under Section 80C of Income Tax Act, according to SBI's...