Best interest on tax-saver FDs: Get up to 8.25% interest; full list of banks

Five year FD rate: Several banks are still offering up to 8.25% interest rate on fixed deposits worth less than Rs 3 crore. This high rate of interest is being offered for five year tenure. Do note that under the old tax regime you can claim tax deduction up to Rs 1.5 lakh under section 80C for investing in tax savings FD.
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