New Delhi, May 4 -- Bank fixed deposits (FD) are a popular way to save money. Tax saving FDs are a special category that offer income tax benefits. Many banks including SBI, ICICI, HDFC, RBL and IDFC First Bank offer great tax-saving schemes. An investor can claim a deduction upto Rs.1.5 lakh under Section 80C of the Income Tax Act. These tax-saving FDs have a lock-in period of five years....