FD - Bharat
Deposit

Individuals, schools, companies, clubs etc can invest Rs. 50,000 and above for at least 5 years to save taxes and enjoy monthly/quarterly/on maturity interest payments.

Min investment
₹ 50000

Dual Benefit

Fixed interest

Tax Benfits

FD - Bharat Deposit can be created at any TBSB branch.

  • A fixed deposit facility to provide dual benefits of Interest income and Tax deduction
  • Min and Max Amount : A FD - Bharat Deposit can be created with minimum of Rs.50000/- and thereafter in multiples of Rs. 10,000/- each. There is no actual limit for the maximum amount of invertsment in FD - Bharat Deposit, yet Tax deduction u/s 80-C of Income Tax is allowed on the Investment up to Rs. 1,50,000/-
  • ROI : ROI for FD - Bharat Deposit is fixed and has a minimum lock in period of 5 years.
  • Tenure : FD - Bharat Deposit can be created for a Minimum tenure is of 60 Months and Maximum tenure is of 60 Months.
  • Availability : FD - Bharat Deposit can be created at any TBSB branch. If you wish to create an FD - Bharat Deposit and start the process online, you can also fill up this form and we will connect with you for further details.
  • Eligibility : Every Indian resident can create FD - Bharat Deposit with TBSB. Minimum age for an individual to create an FD - Bharat Deposit is 18 Years. Any Minor account holder can also create FD - Bharat Deposit, jointly with an Adult. HUF, Businesses, Trust and other entities can also create FD - Bharat Deposit with TBSB.
  • Nomination : Nomination facility is available for every deposit created with us. We suggest to have a nomination for every deposit created with TBSB.
  • Secured under Insurance : Every deposit created with TBSB is insured and secured with Deposit Insurance and Credit Guarantee Corporation (DICGC) which is a wholly owned subsidiary of the RBI.
  • Special benefit :FD - Bharat Deposit has dual benefits, it provides Fixed ROI and also allows Tax Deduction u/s 80-C of Income Tax. Deposited money is safely locked for 5 years which also means, guaranteed returns for 5 years.
  • Loan facility : TDS is applied to the interest on deposit account.
  • TDS : TDS is applied to the interest on deposit account.
  • Premature Withdrawal : Premature withdrawal of the FD - Bharat Deposit is NOT Allowed
  • Show case financial planning based on Goals :This is a great way to earn more with you surplus money. With dual advantage of fixed ROI and Tax Deducation, deposit holder can get more returns.

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