SBI tax saver FD scheme
This query is : Resolved
20 December 2009
Sir is there any SBI tax saver FD scheme available? If yes what r the int. rates, maturity period etc.? At which extent amt can be invested in it and tax benefit can be obtained?
20 December 2009
You have to make FD for 5 years for which limit is Rs.1 Lac to get exemption u/s 80C.
21 December 2009
Thanks a lot.....but one thing i wanna know that what will be beneficial SBI tax saver FD or SBI tax saver mutual fund?
21 December 2009
FD has a promised and guaranteed return whereas Mutual fund returns are varying depending on the NAV.
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