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 Name | Interest Rate(%) | What Rs. 10,000 will grow to |
| Lakshmi Vilas Bank | 9.50 | 15991 |
| City Union Bank | 9.25 | 15797 |
| Bank of Baroda | 9.05 | 15643 |
| Canara Bank | 9.05 | 15643 |
| Bank of India | 9.00 | 15605 |
Last Updated on : 26/11/2013
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