With address proof you can have fixed deposit with SBI
Rate of interest is displayed at the premises of SBI
Interest is added with your regular income and based on the total income ( if it is more than the Tax limit )you have to pay tax
If the interest exceeds Rs10,000 and as you are submitting PAN card they may deduct TDS 30%
Yes. Anyhow if you are not eligible to pay Income Tax,you may give a form to SBI stating that you are within Tax ceiling Consult SBI,
No ceiling As you are not having PAN better consult SBI
Check out following link to know more about SBI FD: http://compare-fixed-deposit.blogspot.in...
Hello,
I read on the SBI website informations relative to FD "Fixed Deposit". But I want to clarify few points which are not so clear.
1- Is it possible to make a "FD" without a PAN card (because I don't have it ) ?
2- What is the interest rate for a three month's FD ?
3- Is there any tax to pay on the interests ?
4- At which rate will the interest be deducted ?
5- Does the State Bank of India deduce taxes directly after repaying principal and interests ?
6- What is the maximum amount for a FD ?
Thank you in davance for your answers.