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  • Fixed Deposit Scheme - 2015 - Vatika Group

Get Fixed Deposit Scheme - 2015 - Vatika Group

VATIKA LIMITED Regd. Office: Vatika Triangle, 4th Floor, Sushant Lok1, BlockA, MehrauliGurgaon Road, Gurgaon122002, Haryana, India Phone: 01244355555, 01244177777, Fax: 01244177700, Email: deposits.

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How to fill out the FIXED DEPOSIT SCHEME - 2015 - Vatika Group online

This guide provides a comprehensive and user-friendly approach to completing the FIXED DEPOSIT SCHEME - 2015 - Vatika Group online. It aims to assist users in understanding each component of the form and how to fill it out correctly.

Follow the steps to successfully fill out the FIXED DEPOSIT SCHEME form.

  1. Click ‘Get Form’ button to download the form and open it in your preferred PDF editor.
  2. Choose the scheme you would like to apply for by selecting either Scheme A or Scheme B, depending on your preference for cumulative or non-cumulative deposits.
  3. Indicate your choice of deposit period by selecting 1 year, 2 years, or 3 years as appropriate for your investment goals.
  4. Enter the deposit amount in both figures and words, ensuring it meets the minimum requirement of ₹1,00,000 for Schemes A and B.
  5. Provide the details of your payment method, filling in the cheque number and the bank's name and branch from where the payment will be issued.
  6. Complete the personal information section, including the first and second applicants' names, dates of birth, and full addresses, ensuring that all mandatory fields marked with an asterisk are filled out.
  7. Indicate your contact details, including mobile and landline numbers, and email address.
  8. Attach proof of address by selecting one of the acceptable documents from the list given in the form and include a self-attested copy.
  9. Complete the tax status section by indicating whether income tax should be deducted and by providing your PAN number, which is mandatory.
  10. If applicable, fill out the nomination section to designate a nominee for your deposit, providing their details, including name, relationship, and address.
  11. Review all the details you've entered for accuracy, ensuring all required sections are complete.
  12. Save your changes, and depending on your preference, download, print, or share the completed form as needed.

Complete your documentation and apply for the FIXED DEPOSIT SCHEME online today!

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5 Year Time Deposits qualify for tax deduction under Section 80C of the Income Tax Act. Even minors aged 10 years and above can operate the account by themselves. Nomination facility is available. The investments are quite flexible and be made with an amount as low as Rs.

One can claim an income tax deduction by investing money in a five-year FD scheme under Section 80C of the Income Tax Act, 1961. The features, benefits, and terms associated with this type of account may not be completely the same as the normal FD accounts.

A 5-year term deposit is also called a Tax-Saving FD. If you invest in one, you are eligible for tax deductions under Section 80C of the Income Tax Act, 1961. You can claim up to a maximum of Rs. 1.5 lakh.

Bank FD Interest Rates in India 2023 – Regular & Senior Citizen Rates BankFD Interest Rate for General CitizensSenior Citizen FD Interest RatesIndian Bank2.80% – 6.30%2.80% – 7.05%IDBI Bank3.00% – 6.10%3.50% – 6.85%Citibank1.85% – 3.50%2.35% – 4.00%PNB3.50% – 6.10%4.00% – 6.90%28 more rows

You can also check out how different deposit amounts grow via FDs for 5 years. 8.05% p.a. 7.75% p.a.

These types of FDs are known as tax-saving fixed deposits, and they usually have a tenure of 5 years. Normal deposit accounts are liable for taxation.. However, a 5-year fixed deposit offers a tax-free deduction on investments of ₹1.5 lakhs currently.

In a Fixed Deposit, you put a lump sum in your bank for a fixed tenure at an agreed rate of interest. At the end of the tenure, you receive the amount you have invested plus compound interest.

In the last 20 years, that is, from 2000 to 2023, the average interest rate in India dropped from 10.50% to 5.90%. The financial market conditions, the RBI policies, and the country's economic conditions accounted for this change.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232