Tax Saving Deposit

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Tax Saving Deposit

Cut the Tax to Save Max!

Don’t let tax take a huge bite out of your income! Open a tax-saving deposit online using the FedMobile app and get guaranteed returns while saving tax! Download the app today and start investing to enjoy tax benefits and safe returns.

How to create Tax Saving Deposit using FedMobile?

Login to the FedMobile app, tap on ‘Investments’ at the bottom bar of the Home screen, and go to ‘Bank Deposits.’
Tap on ‘Tax Saving Deposit’ and Proceed.
Enter amount, select a tax-saving deposit scheme and proceed. Tax Saving Deposits have a lock-in of 5 years.
Select from debit account, confirm details and proceed.
Enter the MPIN to complete the transaction.