Shubhankar Tax Saving Deposit Scheme

Plan for a Tax-Free Future

Find the best
interest rates & duration

How much do you want to Invest?

When would you like to receive the Interest

Duration : 5Y

Maturity Date:

Interest Rate

2%

Maturity Amount

₹0.00

Total Interest

₹0.00

Disclaimer: The calculator provides estimated returns; actual figures will be as per RBI guideline. Final calculations will be available at the branch.

Features and Benefits of a Shubhankar Tax Saving Deposit Scheme

Tax-Saving Benefits

Tax-Saving Benefits

Maximize your tax savings with interest earned on this scheme is eligible for tax deduction under Section 80-C of the Income Tax Act.

Flexible Investment

Flexible Investment

Quarterly Interest payment facility available. Period for the Investment - 5 years lock in period.

Guaranteed Returns

Guaranteed Returns

Enjoy a fixed interest rate throughout the deposit term, ensuring predictable returns and financial stability.

Who Can Open A Shubhankar Tax Saving Deposit Scheme at DNS Bank?

  1. He/She should be an Indian Citizen / NRE Tax Payer

What Do You Need To Open A Shubhankar Tax Saving Deposit Scheme at DNS Bank?

  1. All KYC related documents & FD Opening Form

Interest Rate On Deposit

Retail Deposits

(in Rs.)

Bulk Deposite

(1 crore & above)

PeriodGEN.PUBLIC,REGD.CO.OP, SOCIETIES/ REGD.CO.OP., HSG.SOCIETIES/ REGD TRUSTSENIOR CITIZENSGEN.PUBLIC,REGD.CO.OP, SOCIETIES/ REGD.CO.OP., HSG.SOCIETIES/ REGD TRUSTSENIOR CITIZENS
Shubhankar Deposit6.25%6.60%6.25%6.60%
(Tax Saving) Max.Upto- Rs.1.50 Lakh Per F.Y. 60 Months(Quarterly Cumu.& Payout)(Quarterly Cumu. & Payout)(Quarterly Cumu.& Payout)(Quarterly & Cumu. Payout)

Frequently Asked Questions

The Shubhankar Tax Saving Deposit is a special deposit scheme that offers tax benefits under Section 80C of the Income Tax Act, along with competitive interest rates.

You can claim a tax deduction of up to ₹1.5 lakh per financial year under Section 80C for deposits in the Shubhankar Tax Saving Deposit.

The Shubhankar Tax Saving Deposit has a lock-in period of 5 years, during which premature withdrawal is not permitted.

To claim tax benefits, ensure you include the deposit in your annual income tax returns and keep the deposit receipt and statement for verification.

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