80 C Deposit

Particulars Details
Period of Deposit Minimum 5 Years and Maximum 10 Years
Minimum Amount of Deposit Rs. 100/-
Maximum Amount of Deposit Rs. 1,50,000/-
Rate of Interest 7.50%
Benefits 1. Tax Benefit u/s 80C of Income Tax Act
2. Monthly Interest Payout OR Compounding Interest Facility
Pledging of Deposit Not Allowed
Premature Withdrawal Not Allowed

Important Deposit Information

  • Get additional 0.25% interest for the period of one year and above on one-time deposit of Rs. 25 Lakhs or more. (Applicable only for Individuals)
  • Get additional 0.50% interest for the period of one year and above on one-time deposit above Rs. 25 Lakhs. (Not applicable for Co-operative Societies / Banks)
  • Flexible interest rate applicable for Co-operative Societies / Patsanstha.
  • Maturity amount is subject to tax deduction and its impact on interest.
  • Conditions apply.