Save tax with a suite of tax saving solutions provided by Deutsche Bank and put your earnings to better use.
Equity Linked Saving Scheme
Enjoy tax benefit of up to Rs. 46,350* under Section 80C of the Income Tax Act by investing in Equity Linked Saving Scheme (ELSS). What’s more, in additions to providing capital gains it is the tax saving solution with shortest lock-in period.
Save more tax with Aditya Birla Sun Life Insurance plan this year. Take advantage of the new deduction limit of Rs. 1.5 lakh under section 80C and save up to Rs. 46,350* in taxes.
Choose for a range of Health Insurance policy provided by Max Bupa and HDFC ERGO that can help you save tax under section 80D.
|Insurance Premium||Tax Savings|
|For Individual / Family||Rs. 25,000||Rs. 7,725|
|For Parents (below 60 years) in a family||Rs. 25,000||Rs. 7,725|
|For Parents (above 60 years) in a family||Rs. 30,000||Rs. 9,270|
Tax Saver Fixed Deposit
Open a Tax Saver Fixed Deposit account and get returns of 9.72% cumulative yield** (at 8.00% per annum) and save tax through tax exemption under section 80C of Income Tax Act, 1961.
Tax Free Bonds
Earn tax free interest at rate of 7.25% to 7.5% p.a. from high credit quality bonds issued by Public Sector Undertakings. Investing in these bonds not only help you save tax under section 10(15) (iv) (h) of Income Tax Act, 1961 but also provides liquidity.
For more information, call our phone banking team at 1860 266 6601
# Terms and conditions apply.
* Tax benefit calculated on highest tax slab for income less than 1 crore.
**Cumulative yield calculated as follows: 8.00% simple interest per annum with interest cumulated quarterly for a tenure of 5 years.
# Customers outside India need to dial +91 22 6601 6601. Customers in Mumbai can also call at 6601 6601. Call charges apply.