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      Personal Tax-Saver

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      CUB offers tax saver deposits

      • Resident individual-single and joint accounts and also HUF
      • Save Tax under Sec 80C of the Income Tax Act
      • Tax Saver Silver - Accept deposits from Rs. 100/- ; Tax Saver Gold - Accept deposits from Rs. 1000/-
      • Maximum not exceeding Rs. 1,50,000/- for a financial year in both the schemes
      • Tenor - 5 years (lock in)
      • Loan facility is not available
      • Preclosure is not available
      • In case of Tax Saver Silver Deposit simple interest is paid monthly / quarterly
      • In case of Tax Saver Gold Deposit cumulative interest is paid on maturity
      • TDS at prevalent Income tax rate is deducted if Form 15G / 15H is not submitted
      • Nomination facility is available
      • Click here for Interest rate
      • Documents required