ASBA option in our Net/Mobile Banking can be used to apply for the ongoing IPO/FPO/Rights issues.a)ADITYA BIRLA FASHION AND RETAIL LTD (Right Issue till 22nd July,2020) b)ARVIND FASHIONS LTD (Right Issue till 17th July,2020) c)ROSSARI BIOTECH LTD (IPO till 15th July,2020) d)YES Bank (Right issue starting from 15th July,2020)

agri Tax-Saver

APPLY NOW

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
x