GRAMINTAX SAVER DEPOSITS - REAP THE DUAL BENEFITS OF TAX SAVINGS & HIGHER EARNINGs

A well designed Tax savings Scheme with very attractive returns

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.
  • Not accepted as security/collateral security for granting loan facilities.
  • pre-mature closure is not allowed
  • No loans against the pledge of deposit
  • TDS applicable as per the extant IT guidelines.
  • Nomination Facility avialable

Who can Open?

  • Individuals/Firms/Institutions can avail the benefits

How to Open?

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

Rates & Charges

  • Please visit Deposit interest rates page for details.
  • Please visit Service charges page for more details.
  • 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.
  • Not accepted as security/collateral security for granting loan facilities.
  • pre-mature closure is not allowed
  • No loans against the pledge of deposit
  • TDS applicable as per the extant IT guidelines.
  • Nomination Facility avialable
  • Individuals/Firms/Institutions can avail the benefits
  • Gramin Tax Saver deposits can be opened by visiting your KGB branch.
  • Please visit Deposit interest rates page for details.
  • Please visit Service charges page for more details.

OUR KEY PRODUCTS

RECURRING DEPOSIT

GOLD LOAN

AGRICULTURE LOAN

VEHICLE LOAN

RECURRING DEPOSIT

GOLD LOAN

AGRICULTURE LOAN

VEHICLE LOAN

615+

Branches

10,500+

Networked ATMs

3500+

Employees

70,00,000+

Happy Customers

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