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5 Mins read
•GeneralAre Tax-Saving Fixed Deposits a Smart Choice for You?

Summary
Tax-saving fixed deposits provide secure, flexible savings with assured returns and tax benefits under Section 80C despite a mandatory five-year lock-in period. The blog details their key features, benefits, and documentation requirements while comparing them with alternatives like ELSS, PPF, NSC, and NPS. This aids in efficient tax management and long-term financial planning.