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HDFC Trust deposits is a specified investment under Section. 11(5) (ix) .... chargeable to income tax, the depositor may submit a declaration in Form No. 15G so.
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How to fill out hdfc deposits form

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How to fill out HDFC deposits:

01
Visit the HDFC Bank website or visit a nearest HDFC branch to obtain the deposit application form.
02
Fill in all the required personal information such as name, address, contact details, and identification documents like PAN (Permanent Account Number) or Aadhaar card.
03
Choose the type of deposit you want to open, such as fixed deposit, recurring deposit, or a special deposit scheme.
04
Decide on the deposit amount and select the tenure of your deposit. Different deposit types may have varying minimum deposit amounts and tenure options.
05
Provide your bank account details where the deposit interest will be credited. If you don't have an HDFC bank account, you may need to provide a canceled cheque or the details of another bank account.
06
If applying through a physical form, sign the application form and attach all the required documents such as identity proof, address proof, and recent passport-sized photographs.
07
Submit the filled application form along with the necessary documents to the HDFC Bank representative or deposit it in the designated dropbox at the branch.
08
Make the initial deposit payment as required. This can be done through cash, cheque, or online transfer depending on the bank's procedures.
09
Keep the acknowledgement receipt or deposit certificate safely for future reference.

Who needs HDFC deposits:

01
Individuals looking for safe and secure investment options can benefit from HDFC deposits.
02
Salaried individuals and self-employed professionals who want to earn competitive interest rates on their surplus funds.
03
Those who prefer a fixed rate of return over a specific period for their savings.
04
Customers who trust and prefer the services of HDFC Bank for their banking needs.
05
Families or individuals planning for major milestones like higher education, wedding, or retirement can use HDFC deposits to create a corpus for these events.
06
Investors seeking tax-saving options may also consider HDFC tax-saving fixed deposits to avail of tax benefits under Section 80C of the Income Tax Act.
07
Business owners or corporate entities looking to diversify their investments by parking funds in secure instruments like fixed deposits may consider HDFC for their deposit needs.
08
Individuals who want to avail of loans against their deposits can choose HDFC deposits as they offer loan facilities against fixed deposits.
09
Customers who value the convenience of managing deposits and tracking returns online through HDFC's internet banking platform.
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HDFC deposits refer to deposits made in Housing Development Finance Corporation (HDFC) accounts, which can include fixed deposits, recurring deposits, and savings deposits.
Individuals or entities who have made deposits in HDFC accounts are required to file HDFC deposits.
HDFC deposits can be filled out by providing the necessary information such as account details, deposit amounts, and source of funds.
The purpose of HDFC deposits is to earn interest on the deposited amount and save money for future use.
Information such as account number, deposit amount, interest earned, and any other relevant details must be reported on HDFC deposits.
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