MoneyLens / Deposits
Your deposit, explained.
Tax-saver FD · Sahyadri Tax Saver FD · Sahyadri Small Finance Bank · ••••7781
Illustrative
Tax-saver FD · Small finance bank
Receipt28 Mar
Lock-in ends
28 Mar 2030
no early withdrawal till then
Next interest
₹3,094
on 28 Dec 2026
Yield after tax
7.84%
estimate at a 5% slab
Insured today
₹1,50,000
fully, up to ₹5,00,000
31% of the term run1254 days to maturity
A 5-year tax-saver deposit of ₹1,50,000 with Sahyadri Small Finance Bank at 8.25% a year. Bank deposits are insured up to ₹5,00,000 per bank. Interest is taxed at your slab every year it's earned.
Myra's most important observations
How the interest works
Deposit receipt p.1, Deposit · Deposit receipt p.1, Rate8.25% a year
Paid out quarterly; the principal comes back at maturity. This is the senior-citizen rate. The rate is fixed for the term.
Breaking it, and at maturity
Deposit receipt p.1, On maturity- Breaking it earlyNot allowed for 5 years (it's what earns the tax deduction)
- At maturityPaid out or held for you to claim
- NomineeRegistered
Extracted terms
Each term keeps its source. Returns, TDS and insurance are on the Returns & Tax tab.
| Term | Value | Source | Status |
|---|---|---|---|
| Product name | Sahyadri Tax Saver FD | Deposit receipt p.1 | Verified |
| Reference number | ••••7781 | Deposit receipt p.1 | Verified |
| Kind of deposit | Tax-saver FD | Deposit receipt p.1 | Verified |
| Deposit taken by | Small finance bank | Deposit receipt p.1 | Verified |
| Deposit amount | ₹1,50,000 | Deposit receipt p.1, Deposit | Verified |
| Deposited on | 28 Mar 2025 | Deposit receipt p.1, Dates | Verified |
| Matures on | 28 Mar 2030 | Deposit receipt p.1, Dates | Verified |
| Tenure | 60 months | Deposit receipt p.1 | Verified |
| Interest rate, a year | 8.25% | Deposit receipt p.1, Rate | Verified |
| Interest compounded | quarterly | Deposit receipt p.1 | Verified |
| Interest | quarterly | Deposit receipt p.1 | Verified |
| Senior citizen deposit | yes | Deposit receipt p.1, Depositor | Verified |
| At maturity | none | Deposit receipt p.1, On maturity | Verified |
| Nominee registered | yes | Deposit receipt p.1, Nominee | Verified |