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Last Updated on 08/11/2019
NRO Tax Saver Deposit-RDP-SFD-Q-SFD-M

Eligibility

Non-Resident of Indian Origin with income other than investment income (Interest) and long term capital gain.

Deposit Amount: Minimum Rs. 10000/- and maximum Rs. 150000/-

Minimum & Maximum Period: 5 years and above with lock in period of 5 years. Maximum period – 10 years

Benefit: Tax exemption available under section 80C with a maximum of Rs. 1.50 Lacs