उत्पाद विवरण
बैंक का नाम
City Union Bank
Eligibility
Resident individual-single and joint accounts and also HUF
ब्याज दर
7.00%
कार्यकाल
5 years (lock in)
सावधि जमा प्रकार
Tax Saving Fixed Deposit
CUB Income Tax Saver Deposit
कर लाभ
Yes, CUB Income Tax Saver Deposit is designed to offer tax benefits under Section 80C of the Income Tax Act of India. Here's how:
Tax Deduction: Investments made in CUB Income Tax Saver Deposits qualify for a deduction from your taxable income up to a maximum of Rs. 1.5 lakh per financial year. This can potentially lower your tax liability.
साख दर
[ICRA]A1+
ब्याज भुगतान आवृत्ति
In case of Tax Saver Silver Deposit simple interest is paid monthly / quarterly
In case of Tax Saver Gold Deposit cumulative interest is paid on maturity. Typically for fixed deposits having interest payment at maturity, compound interest is applicable and for fixed deposits having monthly interest payment, simple interest is applicable. Typically fixed deposits having a tenure of one year or less, simple interest is applicable. It is best to consult the bank officials before you book a fixed deposit.
संचयी/गैर-संचयी
Cumulative
विशेषताएँ
Resident individual-single and joint accounts and also HUF Save Tax under Sec 80C of the Income Tax Act Tax Saver Silver - Accept deposits from Rs. 100/- ; Tax Saver Gold - Accept deposits from Rs. 1000/- Maximum not exceeding Rs. 1,50,000/- for a financial year in both the schemes Tenor - 5 years (lock in) Loan facility is not available
न्यूनतम निवेश राशि
Tax Saver Silver - Accept deposits from Rs. 100/- ; Tax Saver Gold - Accept deposits from Rs. 1000/-
Maximum not exceeding Rs. 1,50,000/- for a financial year in both the schemes
फीस और शुल्क
Pros
Tax Deduction Benefit
Guaranteed Returns
दोष
Lock-in Period
पक्ष विपक्ष
खाता खोलने की प्रक्रिया और प्रक्रिया
कैसे खोलें?
Mobile Banking App:
Eligibility: Existing CUB customer with a registered mobile banking app that supports applying for Tax Saver Deposits.
Process: Similar to applying for a regular FD through the app. Look for the ‘Tax Saver Deposit’ option and enter details like deposit amount (maximum Rs. 1.5 lakh per financial year) and interest payout preference (usually not allowed).
2. Internet Banking:
Eligibility: Existing CUB customer with internet banking access.
Process: Similar to applying for a regular FD online. Navigate to the ‘Deposits’ section, choose ‘Tax Saver Deposit’, and fill out the application form with details like deposit amount and interest payout preference (usually not allowed).
3. Branch Visit:
Eligibility: Anyone can apply (existing or new CUB customer).
Process:Visit your nearest CUB branch.
Inform the representative about your intent to open a CUB Income Tax Saver Deposit.
Discuss your desired deposit amount (up to Rs. 1.5 lakh per financial year).
Fill out the Tax Saver Deposit application form and submit it with KYC documents (if a new customer) and your initial deposit amount.
Application Procedure
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