Difference in Features of Fixed Deposit and Tax Saver Fixed Deposit

FD Vs Tax Saver FD

 

So which fixed deposit should you go for? The answer is that it really depends on your needs.

This images shows the difference in features for normal FD and Tax Saver FD.

If you are thinking to invest for fixed deposits for tax benefits then you should step up for a tax saver fixed deposit because other FD’s will not give tax benefits. If you want to invest for shorter tenure then it’s best to go with a regular fixed deposit plan.