Need A Financial Product Forums Trading/Investments Is TDS applicable on ICICI bank’s iWish account

This topic contains 1 reply, has 2 voices, and was last updated by  Atul Dalvi 3 years, 3 months ago.

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    Atul Dalvi

    I am maintaining a savings bank account with ICICI Bank. I am planning to reap their services of iWish account. This is a recurring deposit account. But I am not sure whether tax deduction at source is applicable on iWish or not. Can anybody help on this please?


    To the best of my knowledge, tax deduction at source is not applicable on recurring deposits for any bank in India. ICICI bank’s iwish account is a recurring deposit account, the same goes for it as well.

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