HDFC Bank Tax Saving Guide

What are the current Tax Slabs?
(Assessment Year 2015-2016)
Income Level / Slabs
Income-tax rates
I. Individual (other than II and III below) ,every HUF

i.
ii.
iii.
iv.
*Calculated on highest tax bracket and subject to changes in tax laws.
The above mentioned tax benefits are subject to changes in tax laws. These calculations are illustrative and based on our understanding of current tax
legislation.
Above figures are calculated for a salaried employee at the highest tax bracket. Please contact your tax consultant for an exact calculation of your tax
liabilities.
HDFC Standard Life Insurance Company Limited. In partnership with Standard Life Plc.
Insurance is the subject matter of the solicitation. The life insurance product(s) would be underwritten by HDFC Standard Life Insurance Company
Limited. For more details on risk factors, terms and conditions and exclusions please read the product brochure or consult your Relationship Manager
before conclusion of sale. This creative is not a proof of any contract with HDFC Standard Life Insurance Company Limited. HDFC Standard Life
Insurance Company Limited is the name of the insurance company, HDFC Life is the name of the brand and these are the product categories offered
by HDFC Life. The name of the company, name of the brand & name of the plan do not in any way indicate the quality of the plan, its future prospects
or returns. HDFC Bank Limited IRDA License No: 933982. HDFC Standard Life Insurance Company Ltd. - IRDA Registration No 101. ARN:
MC/10/2014/5418 CIN: U99999MH2000PLC128245
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS
IRDA clarifies to public that

IRDA or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
IRDA dose not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
Where the total income

does not exceed
`2,50,000/-.
NIL

exceeds `2,50,000/but does not exceed
`5,00,000/-.
10% of amount by which

the total income exceeds
`2,50,000/-.

`10,00,000/-.
`25,000/- + 20% of the

amount by which the total
income exceeds
`5,00,000/-.

exceeds `10,00,000/-.
`1,25,000/- + 30% of
the amount by which
`10,00,000/-.
What are the current Tax Slabs?

(Assessment Year 2015-2016)
Income-tax rates
II. Individual resident who is of the age of 60 years or more

but below the age of 80 years at any time during the
previous year
i.
ii.
iii.
iv.

does not exceed
`3,00,000/-.
NIL

`5,00,000/-.
10% of the amount by

which the total income
exceeds `3,00,000/-.

`10,00,000/-.
`20,000/- + 20%
of the amount by which
`5,00,000/-.

exceeds `10,00,000/-.
`1, 20,000/- + 30%

of the amount by which
`10,00,000/-.
Income-tax rates
III. Individual resident who is of the age of 80 years

or more at any time during the previous year
i.

does not exceed
`5,00,000/-.
NIL
ii.

`10,00,000/-.
20% of the amount by

which the total income
exceeds `5,00,000/-.

exceeds `10,00,000/-.
`1,00,000/- + 30% of the

amount by which the total
income exceeds
`10,00,000/-.
iii.
Surcharge is 10% of Income Tax if the net income exceeds Rs. 1 Crore,
subject to the provisions of marginal relief. Education Cess and Secondary
and Higher Education Cess is 3% of the Income Tax and Surcharge.
The above mentioned tax benefits are subject to changes in tax laws.
Please contact your tax consultant for an exact calculation
of your tax liabilities.
Note: Tax Rebate u/s. 87A upto `2,000/- or 100% of Income Tax, whichever
is less, is available to resident Individuals having total income below `5,00,000/-
What are the Options

available for Tax Saving?
Income Tax Section: 80C
Eligible Assessee: Individual & HUF
Deductions:
1. Life Insurance Premium in case of individual for individual,
spouse and any child of individual and for any member in
case of HUF
2. Assessees own contribution to (a) PF,
(b) Superannuation Fund,
(c) PPF,
(d) RPF
3. Contribution by a Government employee for securing
deferred annuity not exceeding 1/5th of Salary
4. Contribution to ULIP of UTI or LIC MF
5. Subscription to NSC VIII Issue.
6. Deposits under notified deposit scheme or notified pension
fund set up by National Housing Bank.
7. Housing Loan repayments and certain payments like stamp
duty, registration etc. for purchase / construction of a
residential house property.
8. Subscription to notified schemes of public sector
companies engaged in house financing
9. Subscription to Units of Mutual Fund or UTI.
10. Contribution to notified Pension Fund set up by Mutual

Fund.
11. Payment of Tuition Fees of any 2 Child
12. Investments in shares or debentures of approved public
company exclusively engaged in infrastructure facility or
power sector.
13. Investments in units of notified mutual fund investing in
approved public cos. as in 12 above
14. Term Deposit with scheduled bank For 5 years or more.
15. Deposit in Senior Citizen Savings Scheme, 2004.
16. Five year time deposit in an account under Post Office
Time Deposit Rules, 1981.
17. Subscription to notified bonds issued by NABARD.
18. Subscription to any notified security or notified deposit
scheme of the Central Government.
19. Annuity plan of LIC or any other approved insurer.
(Limit: As per Section 80CCE, the aggregate amount of deduction u/s
80C, 80CCC and 80CCD(1), shall not in, any case, exceed `1,50,000/-.)

Income Tax Section: 80CCC
Eligible Assessee: Individual
Deductions: Payment made out of taxable income to LIC or to
any other approved insurer under approved Pension Plan does
not exceed `100,000.
Income Tax Section: 80CCD
2. Contribution by Employer in employee account under a

pension scheme notified by the Government. (Limit: Amount
contributed or 10% of Salary in the previous year, whichever is
lower.)
Contribution to NPS and returns on NPS are tax Free but

withdrawals are still taxable.
Income Tax Section: 80CCG
Eligible Assessee: Resident Individual
Deductions:
1. Amount paid or deposited in his account under a pension
scheme notified by the Government shall not exceed
`100,000/I. Employee - Amount paid /deposited or 10% of salary in
the previous year, whichever is lower.
II. Others - Amount paid /deposited or 10% of Gross Total
Income, whichever is lower
Deductions: Amount invested in acquiring listed equity shares

or listed units of equity oriented fund, as may be specified
under Rajiv Gandhi Equity Savings Scheme notified by the
Central Government subject to 3 years lock in period and
certain other conditions as specified in the Act.
is lower. The deduction shall be allowed for 3 consecutive Assessment
Years.)
(Limit: Assessee, being a new retail investor, whose gross total income
for the relevant assessment year does not exceed `12,00,000/- are
allowed deduction of 50% of amount invested or `25,000/-, whichever

Income Tax Section: 80D
Eligible Assessee: Individual / HUF
Deductions: Mediclaim Premium paid on the health
I. In case of individual:
a) Self, Spouse and dependent Children (Limit: Maximum
`15,000)
b) Parent/Parents (Limit: Maximum `15,000)

II. In case of HUF, on the health of any member of HUF
(Limit: Maximum `15,000)
If any person specified in clause (I) or (II) age is 60 years

(Payment shall be made by any mode other than Cash) (Limit: Maximum
`20,000)
(out of the permissible deduction, payment on account of preventive
health check-up shall not exceed `5,000/- in each case - Payment
shall be made by any mode including Cash)
Income Tax Section: 80DD

Eligible Assessee: Resident Individual / HUF
Deductions: Expenditure incurred for medical treatment and
amount paid / deposited under any scheme framed by LIC / UTI
/ approved insurer for payment of annuity or lump sum amount

for the benefit of dependent being a person with disability.
Normal Disability. (Limit: `50,000)
Severe Disability. (Limit: `100,000)
Income Tax Section: 80DDB
Eligible Assessee: Resident Individual / HUF
Deductions: Cost incurred for medical treatment of such
disease or ailments as may be specified. Diseases covered are
Neurological Diseases (where the disability level has been
certified as 40% or more) Parkinsons, Malignant Cancers,
Acquired Immune Deficiency Syndrome (AIDS), Chronic Renal
failure, Hemophilia, Thalassaemia & Hematological disorders.
I. For Himself/ Dependent in case of Individual (Limit:
Maximum `40,000)
II. For any member of HUF (Limit: Maximum `40,000)

If any person specified in clause (I) or (II) age is 60 years (Limit:
Maximum `60,000)
(out of the permissible deduction, reduce reimbursed amount received
from insurer or employer)

Income Tax Section: 80E
(Limit: Deduction upto `1,00,000/- in the year in which loan is
sanctioned, i.e. Financial Year 2013-14. If the interest in 1st year is less
Deductions: Out of income chargeable to tax, Any amount of

interest paid on educational loan taken for assessees higher
education or higher education of assessees husband/ wife or
their children or the student for whom the individual is legal
guardian. Any course of study pursued after passing Senior
Secondary Examination or its equivalent from any
school/institute/ university is recognized by the government.
The deduction shall be allowed for 8 Assessment years or until
the interest is paid in full, whichever is earlier.
(Limit: Any amount of Interest paid.)
than `1,00,000/- balance amount shall be allowed in subsequent year,

i.e. Financial Year 2014-15.)
Income Tax Section: 80G

Eligible Assessee: Any Assessee
Deductions: Donations made to funds like Prime Ministers
Relief Fund, National Children Foundation, any University or
educational institution of national eminence, etc. i.e. for
charitable purposes specified in section 80G
(Limit: 50% or 100% of net qualifying amount depending on institutions
or funds and subject to some conditions and approval.)
Income Tax Section: 80EE

Income Tax Section: 80TTA
Deductions: Interest on loan taken for acquisition of a

residential house property in respect of loan sanctioned
between 1-4-13 to 31-3-14 provided that
-The amount of loan sanctioned is not more than `25 lakhs .
-The value of residential property is not more than `40 Lakhs
The assessee does not own any residential house property as
on date of sanction of loan.
Eligible Assessee: Individual / HUF

Deductions: Interest on deposits in savings
banks, post office, co-op. societies.
account with
(Limit: Amount of interest or `10,000/-, whichever is lower)

Income Tax Section: 80U
Section: 10(14)(ii)
Eligible Assessee: Resident Individual
Eligible Assessee: Salaried employee
Deductions: Income of a person suffering from a disability as

specified in the Act
Normal Disability (Limit: ` 50,000)
Severe Disability (Limit: `100,000)
Exemptions: Any Conveyance / Transport Allowance given to

an employee (No Supporting Bills required).
(No deduction can be claimed u/s. 80U if deduction is already claimed

u/s. 80DD)
Income Tax Section: 24(b)

Deductions:
I. Housing Loan Interest for self-occupied property for
acquisition or construction (Limit: Maximum `200,000)
II. Housing Loan Interest for self-occupied property for
repaired/renewed/reconstruction (Limit: Maximum `30,000)
In case of other house property (i.e. Let out property) (Limit:
Entire amount of interest paid)
(Limit: `800/- per month)
Section: 17(2)(vii)
Any
Exemptions:
superannuation fund
contribution
by
an
employer
to
(Limit: upto `1,00,000)
Section: 17(2)(viii)
Exemptions: Any Medical Allowance given to an employee
(Supporting Bills required)
(Limit: upto `15,000)

Section: 10(13A)
Exemptions: Any House Rent Allowance given to an employee
Plan your tax

and save money
Tax planning is essential, not only to minimize your tax liability,
but also to save significantly in the amount you pay in taxes.
Save taxes by investing in:
(Limit: Lower of below:1. 50% of Annual Salary*

(40% in case of non-metros)
2. Actual HRA received
3. Rent Paid - 10% of Annual Salary.)
*"Salary" includes dearness allowances and commission based on

a fixed percentage of turnover achieved by an employee, if the
terms of employment so provide, but excludes all other allowances
and perquisites.
MUTUAL FUND
HEALTH INSURANCE
The above list is not exhaustive and mentioned tax benefits are
subject to changes in tax laws. Please contact your tax consultant
for an exact calculation of your tax liabilities.
LIFE INSURANCE
Tax Savings through

Mutual Funds and Insurance
Income Tax
Section
80C^ ,
80CCC and
80CCD(1)
Tax Saving Options

Life Insurance Premiums,
Equity Linked Savings
Scheme (ELSS), Unit Linked
Insurance Plans (ULIPS),
Contribution to Pension
Funds, Subscription towards
notified units of Mutual
Funds or UTI etc
Upto `46,350/saved on investment

of `1, 50,000.
Total Savings
Possible
10 (10D)
Individual and Parents as

Senior Citizen
Both Individual and
Parents are Senior Citizens
Age
Self, spouse,
dependent
children and
parents are
below 60 years
Health Insurance &

Critical Illness Premium.
80D
Medical Insurance premium

paid in respect of
How Much Tax

Can You Save?
Upto `10,815 saved on

investment of `35,000
Upto `12,360 saved on
investment of `40,000
`57,165 ( `46,350 under Section 80C, 80CCC and

80CCD(1) + `10,815 under Section 80D).
`58,710 ( `46,350 under Section 80C, 80CCC and
80CCD(1) + `12,360 under Section 80D).
Under Section 10(10D), the benefits received by you
from Insurance Policy are completely tax free subject to
conditions specified therein.
Above figures calculated for an individual with gross annual income exceeding
`10,00,000 and less than `1 crore. These calculations are illustrative and based on our
understanding of current tax legislations and availability of these offerings. The above
mentioned tax benefits are subject to changes in tax laws. Please contact your tax
consultant for an exact calculation of your tax liabilities.
^For complete text of eligible investment kindly refer Section 80C
Self, spouse,
dependent
children are
below 60 years
but parents are
above 60 years
Self, spouse,
dependent
children and
parents are
above
60 years
Self, spouse &

dependent
children*
Parents*
Total Deduction
under section 80D
15000
15000
30000
15000
20000
35000
20000
20000
40000
*(out of the permissible deduction, payment on account of preventive health check-up shall
not exceed `5,000/- in each case)
Mutual Funds
ELSS tax saving coupled with

higher potential returns.
Tax planning is a part of overall financial planning to achieve

long term goals. Choosing the right investment option is the key
to save tax and reap maximum benefits of long term
investments. Investing in Equity Linked Savings Schemes
(ELSS) can help an individual to save tax under Section 80C. As
per Section 80C of the Income Tax Act, qualifying investments
up to a maximum of `150,000/- are deductible from total
income of the individual. This means that if an individual invests
`150,000/- in the qualifying investments, he can save tax up to
`46,350/-* as per the current income tax slab and rate for FY
20142015. Moreover, past returns cannot be taken as an
indicator of future performance. There are fixed income options
available under Section 80C, but they may not be able to
provide returns commensurate to beat the inflation. This is
where ELSS - Equity Linked Savings Schemes come into the
picture, however these schemes are more volatile compared to
fixed income options.
Mutual Funds
PPF
NSC
ELSS
Lock-in period-Years
Particulars
15
Minimum Investment (`)
500
100
500
Maximum Investment
for Tax Benefit (`)
Risk
Returns
Interest Income /
Dividend
1,50,000
Low Risk
8.70% ^
Tax Free
Low Risk
8.50%$ ^
Taxable
Medium to High
10% - 19%#
Tax Free
#Returns (%) are historical for last 5 years (CAGR) as on 17th October 2014.
$8.50% compounded six monthly but payable at maturity.
^Source: http://indiapost.gov.in, Rates incorporates compounding wherever applicable.
*As per current income tax rates individual falling in highest tax bracket.
Past performance may or may not be sustain in future. Past performance is not a guarantee
for future returns.
I. ELSS Funds come with a host of benefits as compared to

other tax saving investment options.
II. ELSS is diversified equity mutual fund that provides tax
benefits along with long term capital appreciation. Not only
do these schemes provide capital appreciation, the Long
Term Capital Gains and dividends received on investments
are tax free.
III. ELSS has the shortest lock-in period of 3 years, as
compared to other options.
IV. ELSS helps in tax planning as well as provides scope to
benefit from the long term growth potential of equities
Key features of ELSS - Equity Linked Savings Schemes

Objective
Long-term Capital Appreciation

and Tax Planning
Risk
Medium to High
Investment Portfolio
Equity and Equity Related instruments

Generally Large and Midcap stocks
Who should invest?
Investors with higher risk appetite,

and high return expectation
Investment Horizon
Tax DeductionSection 80C
Long-term ( lock-in period of 3 years)

Investments up to `1.50 lakh
exempt from tax
Dividend-tax free
Long Term Capital Gains tax free
Tax Implications
#It is tax free only if Securities transaction tax is paid and subject to certain conditions
Average Returns of Recommended ELSS Schemes

compared with other indices
53.36%
Returns(%)
Comparison of ELSS vs other Tax Savings Instruments
Average Returns of Recommended ELSS Funds

CNX Nifty Index
Crisil Composite Bond Fund Index
50%
40%
30%
20%
10%
0%
25.77%
11.02%
26.97%
23.44%
15.59%
14.48%
8.51%
8.63%
7.69%
16.66%
7.38%
1 Years
2 Years
3 Years
5 Years
Note: - Returns for greater than 1 year are compounded annualized. Returns are for the
period ending 17th Oct 2014. Return figures for all equity oriented schemes are absolute
for<=1 year and compounded annualized for >1 year. Moreover, past returns cannot be
taken as an indicator of future performance.
Mutual Funds
Thus, it is clear that in order to avail of the maximum benefits of
long term investing with the lowest lock in period, one should
consider investing in Equity Linked Saving Schemes. Also
looking at the CAGR returns for the past 3 years, it is clear that
the ELSS have outperformed the conventional tax saving
options as well as the broader equity market indices and debt
market indices. We continue to remain positive on the Indian
markets from long term point of view and from valuation
perspective markets are trading at a fair valuation zone. We
recommend investors to invest in the recommended ELSS
funds to do their tax as well as wealth planning.
Recommended ELSS Schemes
Scheme Name
2 Year
3 Year
5 Year
59.82
32.66
27.30
__
46.61
24.52
20.91
10.52
46.08
25.51
23.23
13.89
44.44
24.41
20.71
14.44
ICICI Prudential Taxplan 54.97
28.43
23.82
17.51
Axis Long Term Equity

Fund
Birla Sun Life Tax
Relief 96
DSP BlackRock Tax
Saver Fund
HDFC Long Term
Advantage Fund
1 Year
1 Year
2 Year
3 Year
5 Year
IDFC Tax Advantage

(ELSS) Fund-Reg
Reliance Tax Saver
(ELSS) Fund
Scheme Name
40.71
24.36
21.06
13.82
89.21
32.83
28.82
19.31
SBI Magnum Tax Gain

Scheme 93
Indices
CNX Nifty Index
45.00
23.06
21.70
11.86
25.77
16.66
15.59
8.63
S&P BSE Sensex
25.10
17.90
15.95
8.54
Return figures for all equity oriented schemes are absolute for<=1 year and compounded
annualized for >1 year. Moreover, past returns cannot be taken as an indicator of future
performance. #Data Source: MFI Explorer. Returns (%) as on 17th October 2014.
Disclaimer:
Mutual Fund investments are subject to market risks, please read all scheme related
documents carefully before investing.
This document has been prepared on the basis of publicly available information, internally
developed data and other sources believed to be reliable, HDFC Bank Limited ("HDFC
Bank") does not warrant its completeness and accuracy. Whilst we are not soliciting any
action based upon this information, all care has been taken to ensure that the facts are
accurate and opinions given fair and reasonable. This information is not intended as an
offer or solicitation for the purchase or sale of any financial instrument Recipients of this
information should rely on their own investigations and take their own professional advice.
Neither HDFC Bank nor any of its employees shall be liable for any direct, indirect, special,
incidental, consequential, punitive or exemplary damages, including lost profits arising in
any way from the information contained in this material.
Life Insurance Plans
HDFC Life Insurance offers

Insurance Plans aimed at
providing long-term real growth
of your money besides life.
Last minute rush to save tax? Various Sections of Income Tax

Act, 1961 allows to save tax on premium invested in life
insurance solutions and also on benefits of the insurance
plans.
Section
80C and 80CCC
What
are
exempt
from tax
Premium towards
for self, spouse and
children (Including
Pension Plan)
Plans
80D
10 (10D)
Premium towards Benefit

Health Insurance from Life
forself, spouse
Insurance
and children
Plan
Health Insurance Maturity
Plans
/ Death
HDFC Life Click 2

HDFC Life
Protect Plus
Health Assure
HDFC Life Sanchay
Plan
HDFC Life Classic
Assure Plus
HDFC Life Super
Income Plan
HDFC Life
Youngstar Udaan
HDFC Life
ProGrowth Plus
HDFC SL
ProGrowth Super II
HDFC Life Smart
Woman Plan
Benefits of
all Life
Insurance
Plans

Section
80C and 80CCC
80D
10 (10D)
Pension Plans
Plans
HDFC Life Pension

Super Plus
HDFC Life Single
Premium Pension
Super
HDFC Life Personal
Pension Plan
HDFC Life
Guaranteed
Pension Plan
Life Insurance Plans to save under Section 80 C

HDFC Life Click 2 protect Plus:
As a pure term life insurance policy, this plan provides you
comprehensive protection at an affordable price and helps you
to protect yourself and your loved ones against the
uncertainties that life may throw at you.
HDFC Life Sanchay:
This plan offers guaranteed benefits along with flexibility to
choose your investment horizon so that you can build a
financially secure life for your loved ones.

HDFC Life Classic Assure Plus:
HDFC Life Classic Assure Plus is an investment cum insurance
plan that offers guaranteed benefit while letting your money
grow. The plan is ideal for meeting long term financial goals as
well as creating a financial cushion to secure your familys
future.
HDFC Life ProGrowth Plus:

This plan is a simple savings-cum-insurance plan that will
enable you to enjoy life cover and benefit from comfort of
creating your own investment strategies. This unit linked plan
will help you to make the most of equities by channelizing your
savings effectively.
HDFC Life Super Income Plan:

This Plan is a participating regular income plan with guaranteed
benefits plus bonuses. This policy offers guaranteed income for
a period of 8 to 15 years and is ideal for individuals who need
regular income at their disposal so that they dont have to worry
about future expenses and can fulfill their financial goals
uninterrupted.
HDFC SL ProGrowth Super II:

This plan is a smart savings-cum-insurance unit linked plan that
will help you to provide the finest for your family, be it today or
tomorrow. This ULIP aims to help you achieve long term
savings.
HDFC Life Youngstar Udaan:

This plan will help you systematically plan and invest for your
childs goals so that when they are ready to embark on their
glorious careers, you too will be financially ready to support
them; not only at the final defining moments but throughout the
entire journey.
HDFC Life Smart Woman Plan:

This plan is one of its kind in a market for woman. It comes with
comprehensive coverage options where coverage against
pregnancy complications and congenital conditions or for
malignant female-specific cancers is offered. During these
critical moments, peace of mind is assured by waiver and
funding of premiums to help overcome and adjust to life while
investments continue to grow.

Pension Plans to save tax under Section 80 CCC
Save tax under Section 80 D
HDFC Life Pension Super Plus:

A unit-linked pension plan designed to build a corpus over the
policy term so that you can enjoy post-retirement life.
HDFC Life Health Assure Plan:

This plan is a comprehensive, pure protection health insurance
plan that reimburses medical expenses incurred in a hospital. It
provides the option to secure you and your familys health.
HDFC Life Single Premium Pension Super:

A unit-linked single premium pension plan that creates a corpus
over the policy term to generate post retirement income for life.
This plan will safeguard your investments and assist you to live
retirement days simply your way.
HDFC Life Personal Pension Plus:
HDFC Life Personal Pension Plus is a traditional participating
pension plan ideal for individuals who seek to plan for their
retirement. Get secure and stable returns on your invested
corpus for post retirement income.
HDFC Life Guaranteed Pension Plan:
This plan is designed to help you build and secure your
retirement fund to enjoy the post retirement income. It is ideal
for individuals who seek to plan for their retirement to get
guaranteed returns on their invested corpus for post retirement
income.
Disclaimer:
Subject to change in Income Tax Laws.
The policy holder may avail of benefits are as provided under the tax laws. The premium would be
subject to Service tax & education cess as per applicable tax rates. Tax laws are subject to change
basis the amendments made from time to time.
HDFC Standard Life Insurance Company Limited. In Partnership with Standard Life plc.
Insurance is the subject matter of the solicitation. For more details on risk factors, terms and
conditions and exclusions please read the product brochure before conclusion of sale. HDFC Bank
Limited ("HDFC Bank") is a corporate insurance agent of HDFC Standard Life Insurance Company
Limited ("HDFC Life") under Corporate Agent's license no.933982 issued by Insurance Regulatory &
Development Authority and does not underwrite the risk or acts as an insurer. HDFC Life Click 2
Protect Plus (Form No P501-123 UIN:101N101V01), HDFC Life Sanchay (Form No P501-118
UIN:101N097V01), HDFC Life Classic Assure Plus (Form No P501-113 UIN:101N089V01), HDFC Life
Super Income Plan (Form No P501-121 UIN:101N098V01), HDFC Life Youngstar Udaan (Form No
P501-126 UIN:101N099V01), HDFC Life Smart Woman Plan (Form No P501 UIN:101L082V02), HDFC
Life ProGrowth Plus (Form No P501 UIN:101L081V02), HDFC SL Pro-Growth Super II (Form No P501
UIN:101L066V02), HDFC Life Health Assure Plan (Form No P501-105-01 UIN:101N087V02), HDFC
Life Pension Super Plus (Form No P501 UIN:101L085V02), HDFC Life Single Premium Pension Super
(Form No P501 UIN:101L086V02), HDFC Life Personal Pension Plus (Form No P501-116
UIN:101N091V01), HDFC Life Guaranteed Pension Plan (Form No P501-115 UIN:101N092V01).
IRDA or its officials do not involve in activities like sale of any kind of insurance or financial
products nor invest premiums.
IRDA does not announce any bonus. Public receiving such phone calls are requested to lodge a
police complaint along with details of phone call, number.
Health Suraksha Plan
Save tax and insure your

health with HDFC ERGOs
Health Insurance Plans.
Health Suraksha Plan:

HDFC ERGO offers Health Suraksha, a comprehensive health
insurance plan designed to provide optimum coverage for
treatments including pre and post hospitalisation costs,
medica check-ups, cumulative bonus, minimum out-of-pocket
expenses and much more. HDFC ERGO Health Suraksha will
ensure that your hard-earned savings are utilized to make the
quality of your life better by empowering you to invest in
avenues that are close to your heart without having to worry
about hospitalisation expenses.
Benefits:
1. In-patient Treatment: Covers hospitalisation expenses due
to sickness or accident up to the Policy Sum Insured.
2. Pre-hospitalisation: Pays for medical expenses incurred
60 days immediately before hospitalisation.
3. Post-hospitalisation: Pays for medical expenses incurred
90 days immediately after the discharge post
hospitalisation.
4. Day Care Procedures: Pays for 144 listed day care
procedures which do not require 24 hours hospitalisation
due to technological advancement.

5. Domiciliary Treatment: Pays for expenses incurred for
medical treatment taken at home, on advice of a physician.
6. Organ Donor: Pays for medical expenses for harvesting an
organ donated.
7. Emergency Ambulance (Limit per hospitalisation): Pays
maximum `2000 per hospitalization for sum insured
upto 5 lakh and `3500 per hospitalization for sum
insured more than 5 lakh.
8. AYUSH - Pays for medical expenses for in-patient
treatment taken under Ayurveda, Unani, Sidha or
Homeopathy.
9. Cumulative Bonus: 5% increase in Sum Insured for every
claim free year; up to maximum 50%.
10. Health checkup: Pays upto 1% of Sum Insured,
maximum upto `5000 for a Health Checkup after 4
consecutive claim-free years.
Critical Illness Platinum Plan:

HDFC ERGOs Critical Illness Plan is designed specifically to
cover the high costs of critical illness treatments. It is the best
way to safeguard, as it pays a lump sum amount on the very
first diagnosis of select critical illnesses. Thus, your Critical
Illness Insurance Plan ensures that you can avail the
best-in-class treatment. Moreover, the claims process is
absolutely hassle free. Thereby, making you spend your
precious time with your loved one, than running around
arranging for funds.
Benefits:
1. Provides a lump sum benefit which can pay for, but not
restricted to:
Costs for the care and treatment
Recuperation aids
Debts pay off
Any lost income due to a decreasing ability to earn
Fund for a change in lifestyle
2. Following diseases are covered under the critical
illness platinum plan:
Parkinsons Disease
Kidney Failure
Alzheimer's
Multiple Sclerosis
Coronary Artery Bypass Surgery
Major Organ Transplant
Heart Valve Replacement
Primary Pulmonary Arterial Hypertension
Myocardial Infarction
Stroke
Benign Brain Tumor
Paralysis
Aorta Graft Surgery
End Stage Liver Disease
Cancer
Guaranteed1 benefits from 220% to 325% of Sum Assured at maturity
Talk to our staff today!
Disclaimer:
For more details on the risk factors, terms and conditions, please read the sales brochure
before concluding the sale. Insurance is the subject matter of the solicitation. The product
is underwritten by HDFC ERGO General Insurance Company Limited. HDFC Bank Limited
is a corporate agent of HDFC ERGO General Insurance Company Limited. HDFC Bank
Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai, India - 400 013.
Form No./UID No. 845.
Certified Corporate Agent:
Guaranteed benefits, varying by policy term, will be in the range of 220% to 325% of the Sum Assured at maturity, provided the policy is in force.
HDFC Standard Life Insurance Company Limited. In partnership with Standard Life Plc.
Registered Office: HDFC Standard Life Insurance Company Limited, Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai- 400 011
Insurance is a subject matter of the solicitation. This Life Insurance product is underwritten by HDFC Standard Life Insurance Company Limited. For more details on risk factors, terms
and conditions and exclusions please read the product brochure or consult your Relationship Manager before conclusion of sale. This creative is not a proof of any contract with HDFC
Standard Life Insurance Company Limited. HDFC Life Sanchay (Form No.: P501-118 UIN: 101N097V01) is a traditional non-participating insurance product offered by HDFC Life.
HDFC Standard Life Insurance Company Limited is the name of the Insurance Company, HDFC Life is name of our brand and HDFC Life Sanchay (Form No.: P501-118 UIN:
101N097V01) is the name of the plan. The name of our company, the name of our brand and the name of our plan do not, in any way, indicate the quality of the plan. HDFC Bank
Limited - IRDA License No. 933982. HDFC Standard Life Insurance Company Ltd. - IRDA Reg. No 101. ARN: MC/09/2014/5304.
CIN No. U99999MH2000PLC128245
IRDA or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
IRDA does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
TPP/ENG/NOV2014/EXP-OCP2015
Talk to our staff Today!
Disclaimer:
The given information should not be considered as substitute for specialised professional
advice and expert guidance may be sought before acting upon the same. Neither HDFC
Bank nor any of its employees shall be liable for any claims, losses, damages and cost which
an investor may suffer or incur by availing the given product options.
All the given third party products distributed by HDFC Bank.

HDFC Bank Tax Saving Guide

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HDFC Bank Tax Saving Guide

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What are the current Tax Slabs?

(Assessment Year 2015-2016)

Income Level / Slabs

I. Individual (other than II and III below) ,every HUF

IRDA clarifies to public that

Where the total income

Where the total income

10% of amount by which

Where the total income

`25,000/- + 20% of the

Where the total income

What are the current Tax Slabs?

Income Level / Slabs

II. Individual resident who is of the age of 60 years or more

Where the total income

Where the total income

10% of the amount by

Where the total income

Where the total income

`1, 20,000/- + 30%

Income Level / Slabs

III. Individual resident who is of the age of 80 years

Where the total income

Where the total income

20% of the amount by

Where the total income

`1,00,000/- + 30% of the

What are the Options

10. Contribution to notified Pension Fund set up by Mutual

What are the Options

Income Tax Section: 80CCD

2. Contribution by Employer in employee account under a

Contribution to NPS and returns on NPS are tax Free but

Eligible Assessee: Individual

Eligible Assessee: Resident Individual

Deductions: Amount invested in acquiring listed equity shares

(Limit: As per Section 80CCE, the aggregate amount of deduction u/s

is lower. The deduction shall be allowed for 3 consecutive Assessment

What are the Options

b) Parent/Parents (Limit: Maximum `15,000)

If any person specified in clause (I) or (II) age is 60 years

Income Tax Section: 80DD

/ approved insurer for payment of annuity or lump sum amount

II. For any member of HUF (Limit: Maximum `40,000)

What are the Options

(Limit: Deduction upto `1,00,000/- in the year in which loan is

Eligible Assessee: Individual

Deductions: Out of income chargeable to tax, Any amount of

than `1,00,000/- balance amount shall be allowed in subsequent year,

Income Tax Section: 80G

Income Tax Section: 80EE

Income Tax Section: 80TTA

Deductions: Interest on loan taken for acquisition of a

Eligible Assessee: Individual / HUF

(Limit: Amount of interest or `10,000/-, whichever is lower)

What are the Options

Eligible Assessee: Resident Individual

Eligible Assessee: Salaried employee

Deductions: Income of a person suffering from a disability as

Exemptions: Any Conveyance / Transport Allowance given to

(No deduction can be claimed u/s. 80U if deduction is already claimed

Income Tax Section: 24(b)

(Limit: `800/- per month)

(Limit: upto `1,00,000)