Gramin Tax Saver Deposits - Reap the dual benefits of tax savings and higher earnings

Concerned that taxes are eating away your savings? Gramin Tax Saver Deposit is the solution. A tax savings scheme that offers very attractive returns as well.

Features & Benefits

  • Tenure of deposit - 5 Years.
  • Investment upto Rs.1,50,000/- can be made deductible from Income u/s 80C of the I.T. Act 1961.
  • Nomination facility is available.
  • Not accepted as security/collateral security for granting loan facilities.
  • pre-mature closure is not allowed.
  • TDS applicable as per the extant IT guidelines.

Who can Open?

  • Individuals/Firms/Institutions can avail the benefits

How to Open?

  • Gramin Tax Saver deposits can be opened by visiting your KGB branch.

Interest Rates & Charges

  • Tenure of deposit - 5 Years.
  • Investment upto Rs.1,50,000/- can be made deductible from Income u/s 80C of the I.T. Act 1961.
  • Nomination facility is available.
  • Not accepted as security/collateral security for granting loan facilities.
  • pre-mature closure is not allowed.
  • TDS applicable as per the extant IT guidelines.
  • Individuals/Firms/Institutions can avail the benefits
  • Gramin Tax Saver deposits can be opened by visiting your KGB branch.

OUR KEY PRODUCTS

RECURRING DEPOSIT

GOLD LOAN

AGRICULTURE LOAN

VEHICLE LOAN

RECURRING DEPOSIT

GOLD LOAN

AGRICULTURE LOAN

VEHICLE LOAN




615+

Branches

10,500+

Networked ATMs

3500+

Employees

70,00,000+

Happy Customers

© 2017 Kerala Gramin Bank.    All Rights Reserved.
Powered by : SRV InfoTech