Gramin Tax Saver Deposits :: KGB

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Gramin Tax Saver Deposits - Reap the dual benefits of tax savings and higher earnings

Concerned that taxes are eating away your savings? Gramin Tax Saver Deposit is the solution. A tax savings scheme that offers very attractive returns as well.

Features & Benefits

Tenure of deposit - 5 Years.
Investment upto Rs.1,50,000/- can be made deductible from Income u/s 80C of the I.T. Act 1961.
Nomination facility is available.
Not accepted as security/collateral security for granting loan facilities.
pre-mature closure is not allowed.
TDS applicable as per the extant IT guidelines.

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Who can Open?

Individuals/Firms/Institutions can avail the benefits

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How to Open?

Gramin Tax Saver deposits can be opened by visiting your KGB branch.

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Interest Rates & Charges

For Deposit interest rates click here
For Service charges and fees click here

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Features & Benefits

Tenure of deposit - 5 Years.
Investment upto Rs.1,50,000/- can be made deductible from Income u/s 80C of the I.T. Act 1961.
Nomination facility is available.
Not accepted as security/collateral security for granting loan facilities.
pre-mature closure is not allowed.
TDS applicable as per the extant IT guidelines.

Quick Enquiry