SBI recently advertised how the fixed deposits offered by SBI under Section 80C helps you save tax and the effective yield.
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But this is pre tax return. The interest you get is taxable in case of above deposits. Since they have assumed tax bracket of 30%, your post tax yield would come to 14.15% (from 18.55%) for senior citizens and for others it would be 13.7% (from 17.77%).
So be careful when you are tempted with such advertisements 🙂
You can check Best 80C Tax savings 5 years Fixed Deposit Interest Rates here.