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Looking to invest in tax saving fixed deposits? Here's all you need to know

Updated : April 20, 2020 06:35 PM IST

Tax saving FD, a special category of fixed deposit, allows investors to claim deductions under Section 80C of the Income Tax Act.
Only Individuals and HUFs (Hindu undivided family) can invest in the tax-saving fixed deposit (FD) scheme.
These tax saving FDs have a minimum lock-in period of five years.
Looking to invest in tax saving fixed deposits? Here's all you need to know

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