HDFC Bank tax saver fixed deposit (FD) 2019: Rates, income tax benefits, TDS, deposit limit timesnownews.com

HDFC Bank, India’s largest private sector bank by assets, offers the banking facility of tax saver fixed deposits (FD) with which an individual can save taxes on fixed deposit (FD) investment under the Section 80C of the Income Tax Act. Fixed Deposits (FD) have been one of the commonly-known investing option that can be chosen for tax saving purposes amid the other well-known income tax saving options in India such as Public Provident Fund (PPF), National Saving Certificates (NSC), Equity-Linked Savings Scheme (ELSS), Atal Pension Yojana, Sukanya Samriddhi Account and National Pension Scheme (NPS).