Top Five Tax Saving Fixed Deposits in India

Fixed Deposit for five years in banks is allowed as a tax saving scheme by the government. Find below the top fixed deposit schemes with highest interest rates where money can be invested during the current year. (2012 - 2013). Find below the top five Tax Saving Fixed Deposit schemes available in as on March 2012.

Bank Name	Interest Rate(%)	What Rs. 10,000 will grow to
Tenure 5 Years and +
Deutsche Bank	9.50	15,991
State Bank of B & J	9.50	15,991
Lakshmi Vilas Bank	9.50	15,991
Dena Bank	9.30	15,836
Axis Bank	9.25	15,797

Last Updated on 3/26/2012