HPSTCB Tax Saver Deposit Scheme

HPSTCB Tax Saver Deposit Scheme (Interest Rate: 7.10%)

The scheme offers the benefit of Section 80C under Income Tax Act. The maximum investment under this scheme is ₹150,000 in a year with prevailing rate of interest.

Recurring Deposit Calculator

500 5Cr
1 20
1 12
6% 18%

Total Amount will be 10000

Total Interest amount will be 1025

Eligibility

    • Individuals.

Requirements

    • Maximum Amount: the amount shall not exceed Rs. one lakh fifty thousand.
    • Maturity Period: Minimum tenor of the deposit shall be 5 years and maximum is 10 years.

* APR as Low and T&C Apply