a) For domestic deposits - Less than Rs. 1 cr (last revised on Apr 19, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| 15 days to 45 days |
Less than Rs. 1 cr |
|
Calculate |
| 46 days to 90 days |
Less than Rs. 1 cr |
|
Calculate |
| 91 days to 179 days |
Less than Rs. 1 cr |
|
Calculate |
| 180 days to less than 1 year |
Less than Rs. 1 cr |
|
Calculate |
| 1 year to less than 2 years |
Less than Rs. 1 cr |
|
Calculate |
| 500 days |
Less than Rs. 1 cr |
|
Calculate |
| 2 years to less than 3 years |
Less than Rs. 1 cr |
|
Calculate |
| 1000 days |
Less than Rs. 1 cr |
|
Calculate |
| 3 years to less than 5 years |
Less than Rs. 1 cr |
|
Calculate |
| 5 years to less than 8 years |
Less than Rs. 1 cr |
|
Calculate |
| 8 years to 10 years |
Less than Rs. 1 cr |
|
Calculate |
Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| SBT Tax Saver Term Deposit - 5 years |
Less than Rs. 1 cr |
|
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 NRO Fixed Deposit - Less than Rs. 1 cr (last revised on Apr 19, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.) |
|
|
| 15 days to 45 days |
Less than Rs. 1 cr |
7.00 |
Calculate |
| 46 days to 90 days |
Less than Rs. 1 cr |
7.00 |
Calculate |
| 91 days to 179 days |
Less than Rs. 1 cr |
7.00 |
Calculate |
| 180 days to less than 1 year |
Less than Rs. 1 cr |
8.00 |
Calculate |
| 1 year to less than 2 years |
Less than Rs. 1 cr |
9.00 |
Calculate |
| 500 days |
Less than Rs. 1 cr |
9.00 |
Calculate |
| 2 years to less than 3 years |
Less than Rs. 1 cr |
9.00 |
Calculate |
| 1000 days |
Less than Rs. 1 cr |
9.00 |
Calculate |
| 3 years to less than 5 years |
Less than Rs. 1 cr |
8.75 |
Calculate |
| 5 years to less than 8 years |
Less than Rs. 1 cr |
8.75 |
Calculate |
| 8 years to 10 years |
Less than Rs. 1 cr |
8.75 |
Calculate |
a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on Apr 19, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.) |
|
|
| 1 year to less than 2 years |
Less than Rs. 1 cr |
9.00 |
Calculate |
| 2 years to less than 3 years |
Less than Rs. 1 cr |
9.00 |
Calculate |
| 3 years to less than 5 years |
Less than Rs. 1 cr |
8.75 |
Calculate |
| 5 years to less than 10 years |
Less than Rs. 1 cr |
8.75 |
Calculate |
b) For NRE Fixed Deposit - Rs. 1 cr and above (last revised on Apr 19, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.) |
|
|
| 1 year to less than 2 years |
Rs. 1 cr and above |
9.00 |
Calculate |
| 2 years to less than 3 years |
Rs. 1 cr and above |
9.00 |
Calculate |
| 3 years to less than 5 years |
Rs. 1 cr and above |
8.75 |
Calculate |
| 5 years to less than 10 years |
Rs. 1 cr and above |
8.25 |
Calculate |
