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0:00 - Want to save yearly 1,50,000 tax?
1:11 - Tax exemption benefits
2:06 - Disadvantages
3:25 - Sec 80c tax saving benefit
4:00 - Interest rates depends on age and bank
5:34 - Required Documents
6:01 - Which bank to choose?
7:00 - When to withdraw?
8:00 - About ffreedom app

How To Save Tax In Telugu - Tax Saving FD in Telugu | FD Interest Rates | @Kowshik Maridi ​

Tax saving fixed deposit is the fixed deposit through which the account holder can get a tax deduction under Section 80C of the Indian Income Tax, 1961. Even senior citizens and NRIs can claim this tax deduction. To form your tax saver fixed deposit, you can select either a public sector bank or a private sector bank. However, you are unable to do so in cooperative or rural banks.

Senior citizens typically receive a greater interest rate on tax saver fixed deposits from banks. The tax-saving mutual funds are referred to as Equity Linked Saving Schemes. You can have a nominee collect the matured amount; the initial amount varies from bank to bank. Like other investments, we can withdraw the amount in the early stage.

In this video, Kowshik will explain tax saving FD in detail. So stay tuned till the End.

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