a) For domestic deposits - Less than Rs. 15 lakh (last revised on May 15, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| 15 days to 29 days |
Less than Rs. 15 lakh |
|
Calculate |
| 30 days to 60 days |
Less than Rs. 15 lakh |
|
Calculate |
| 61 days to 90 days |
Less than Rs. 15 lakh |
|
Calculate |
| 91 days to 180 days |
Less than Rs. 15 lakh |
|
Calculate |
| 181 days to 332 days |
Less than Rs. 15 lakh |
|
Calculate |
| New Year 333 days (Special Scheme) |
Less than Rs. 15 lakh |
|
Calculate |
| 334 days to less than 1 Year |
Less than Rs. 15 lakh |
|
Calculate |
| 1 year to 2 years |
Less than Rs. 15 lakh |
|
Calculate |
| Above 2 years to 3 Years |
Less than Rs. 15 lakh |
|
Calculate |
| Above 3 years to 5 years |
Less than Rs. 15 lakh |
|
Calculate |
| Above 5 years |
Less than Rs. 15 lakh |
|
Calculate |
b) For domestic deposits - Rs. 15 lakh and above (last revised on May 15, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| 15 days to 29 days |
Rs. 15 lakh and above |
|
Calculate |
| 30 days to 60 days |
Rs. 15 lakh and above |
|
Calculate |
| 61 days to 90 days |
Rs. 15 lakh and above |
|
Calculate |
| 91 days to 180 days |
Rs. 15 lakh and above |
|
Calculate |
| 181 days to 332 days |
Rs. 15 lakh and above |
|
Calculate |
| New Year 333 days (Special Scheme) |
Rs. 15 lakh and above |
|
Calculate |
| 334 days to less than 1 Year |
Rs. 15 lakh and above |
|
Calculate |
| 1 year to 2 years |
Rs. 15 lakh and above |
|
Calculate |
| Above 2 years to 3 Years |
Rs. 15 lakh and above |
|
Calculate |
| Above 3 years to 5 years |
Rs. 15 lakh and above |
|
Calculate |
| Above 5 years |
Rs. 15 lakh and above |
|
Calculate |
Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| Bharat Co-operative Tax Savings Scheme - 5 Years |
Upto Rs. 1 lakh |
|
Calculate |
Tax Implications:
- The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
- Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000
a) For NRE Fixed Deposit - Less than Rs. 15 lakh (last revised on Feb 01, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.) |
|
|
| 12 Months |
Less than Rs. 15 lakh |
9.50 |
Calculate |
| Above 1 Years to Less than 2 Years |
Less than Rs. 15 lakh |
9.25 |
Calculate |
| Above 2 Years to less than 3 Years |
Less than Rs. 15 lakh |
9.10 |
Calculate |
| 3 Years to Above |
Less than Rs. 15 lakh |
7.75 |
Calculate |