Income Tax saving scheme: SBI offers tax saving term deposits | Top points
India Today
SBI customers need to open a Term Deposit (TD) account or a Special Term Deposit (STD) account.
The State Bank of India (SBI) is offering an Income Tax savings scheme. SBI customers can avail tax benefits under section 80C of the Income Tax Act.
"Make a smart move and save more with SBI Tax Saving Term Deposits. Save big with SBI tax saving term deposits under Section 80C of the Income Tax Act," the public sector bank tweeted.
Make a smart move and save more with SBI Tax Saving Term Deposits. To know more, visit: https://t.co/Ww6DwyNj42#SBITaxSavingScheme #Tax #Savings #SBI #AmritMahotsav #AzadiKaAmritMahotsavWithSBI pic.twitter.com/bT5k8be7ng
If the first account holder in a joint account dies, the other holder is entitled to withdraw the deposit before its maturity.
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