80c deduction in fixed deposits for 5 years ??pls help

Nikhil Samant (Student CA Final ) (60 Points)

29 December 2014  

Please tell me whether investment done in Fixed deposits for 5 years with any bank is eligible for 80C deduction or not?

or it has to be only deposited with Post office for 5 years for claiming dedcution u/s 80C?

 

Please reply its urgent?