|
|
 |
 |
|
|
 |
|
|
|
Important
:
As per section 206AA introduced by Finance (No. 2) Act, 2009 wef 01.04.2010, every person who receives income on which TDS is deductible shall furnish his PAN, failing which TDS shall be deducted at the rate of 20%(as against 10% which is existing TDS rate) in case of Domestic deposits and 30.90% in case of NRO deposits
Please further note that in the absence of PAN, Form 15G/H and other exemption certificates will be invalid even if submitted & penal TDS will be applicable.
Please visit nearest HDFC Bank branch to submit or confirm updation of your PAN with the bank.
|
|
|
|
 |
Tax Deductions For Re-investment Fixed Deposits |
|
|
|
| The following will be applicable for a 5 Year Tax Saving Fixed Deposit |
 |
TDS will be deducted when
interest payable or reinvested per customer, per branch, exceeds Rs
10,000 in a financial year. |
|
A consolidated Annual TDS Certificate will be mailed to you after the end of the financial year, including details of all TDS deductions during the year.
|
W.e.f Aug 09, applicable TDS rates are:
|
|
|
Tax Rate |
Surcharge |
Education Cess |
TOTAL |
| Resident Individuals & HUF |
10% |
---- |
---- |
10% |
|
|
|
|
|
If you are exempt from paying tax, you need to present Form 15H when you open a Fixed Deposit and subsequently at the beginning of the following financial year. |
|
At the end of the financial year, the TDS will be deducted on the basis of interest accrued on the Fixed Deposit (s) even if this interest has not been credited.
Please check the FAQ for more information on TDS.
|
|
| Apply Now |
|
Just fill the Online Application Form and our representative will get in touch with you shortly.
Other Ways to apply :
*Conditions Apply
|
|
|
|
|
|
|
