Pallavan Tax Saver
Features and Benefits
1. Accounts can be opened with minimum of .100/- upto a maximum of .1.5 lakh.
2. Deposit is accepted in Joint Names, however the eligibility for deduction under Sec.80C will be applicable for the first holder only.
3. No Loan against Pallavan Tax Saver will be given.
Who are Eligible?
Any individuals and HUF.
1. 7.00% for any individuals.
2. 7.50% for Senior Citizen (above 60 years).
3. Lock period is 5 years.
NOTE: Interest Rate is subject to change. Visit nearest branch to know current Interest Rate.
Please do not disclose your a/c details / ATM / Debit card / Credit card / OTP / PIN numbers / Personal information to any source through Mobile / Internet / E-Mail. Bank never ask above mentioned details from Customers.