SGB Tax Saver Scheme


Eligibility
  • New/Existing account with SGB
Interest Rate
Please refer to Deposit Interest Rates Page
Salient Features
  • In order to cater needs of depositors who wants to avail tax benefit under section 80C of Income Tax Act, this scheme launched
  • Our Bank Tax Saver scheme has dual benefits of tax savings and higher returns.
  • Available in FDR / RIP schemes
  • Nomination facility is available
  • No loan / foreclosure allowed upto 5 years (Lock in period)
Term
  • Minimum : 5 Years
  • Maximum : 10 Years
Min/Max Amount
  • Minimum Amount : 5000
  • Maximum Amount : 150000 (Limit -as per Sec 80C of Income Tax Act,1961)
How to open an account ?
  • Please visit your nearest branch, duly fill and submit the opening form and required KYC documents (Officially Valid Documents)
Designed by Yaswanth Gupta Bondada