HPSTCB Tax Saver Deposit Scheme (Interest Rate: 7.10%) The scheme offers the benefit of Section 80C under Income Tax Act. The maximum investment under this scheme is ₹150,000 in a year with prevailing rate of interest.
Recurring Deposit Calculator Amount 500 5Cr Tenure (Year) 1 20 Tenure (months) 1 12 Interest Rate 6% 18% Total Amount will be 10000 Total Interest amount will be 1025
Requirements Maximum Amount: the amount shall not exceed Rs. one lakh fifty thousand. Maturity Period: Minimum tenor of the deposit shall be 5 years and maximum is 10 years.