Please visit nearest branch / contact RM for clarification. Fixed Deposits booked with monthly or quarterly interest payout option, TDS recovery will by default happen from linked current / savings account.50,000/- for senior citizens) in a financial year.Individuals seeking exemption from TDS on the interest income of FD and RD, have to submit a completed Form 15 G/H at the nearest branch or online within the first week of the new Financial Year and every time a new deposit is booked. TDS will be deducted when interest payable or reinvested on RD and FD per customer across all branches exceeds Rs.
PAN card is required for Fixed Deposits greater than or equal to Rs.