Top Five Tax Saving Fixed Deposits in India

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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 November 2013.

Tenure 5 Year and above
Bank NameInterest Rate(%) What Rs. 10,000 will grow to
Lakshmi Vilas Bank9.5015991
City Union Bank9.2515797
Bank of Baroda9.0515643
Canara Bank9.0515643
Bank of India9.0015605
Last Updated on : 26/11/2013