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How to Submit Form 15G/15H to Avoid TDS 2026

Form 15G/H - avoid TDS on FD/savings interest. Income < ₹2.5L (15G), ₹3L (15H). Annual.

📁 Tax ⏱️ 15-30 mins 💰 Free

About This Guide

Form 15G (below 60) and Form 15H (60+ senior citizens) declarations to avoid TDS on interest income. Eligibility: total annual income below basic exemption limit (₹2.5L general, ₹3L senior). Submit to bank/post office at start of FY (April). Annual submission required. Also for FDs in cooperative banks.

Eligibility Criteria

Form 15G: Below 60
Form 15H: 60+
Total income < basic exemption (₹2.5L/₹3L)
PAN mandatory
Indian resident
Tax liability NIL projected

Documents Required

Keep these documents ready before starting application. Missing documents = delayed approval.

PAN
Aadhaar
Bank account details
Form 15G or 15H
Photo
Self-attested declarations

Step-by-Step Application Process

Follow these steps in order. Each step is critical - skip none.

Determine Form

Below 60: Form 15G. 60+: Form 15H.

Verify Eligibility

Total income below basic exemption.

Download Form

incometax.gov.in or bank.

Fill Form

Personal details + projected income.

PAN Mandatory

Cannot submit without PAN.

Submit to Bank

Where interest income (FD/SB).

Photocopy Retain

Receipt with bank stamp.

Annual Submission

April each year for new FY.

Multiple Banks

Submit to each separately.

Track in 26AS

No TDS shown if accepted.

Key Benefits

Avoids TDS on interest
Annual submission
PAN mandatory
Helps low income earners
Senior citizen friendly (15H)
Multiple banks possible
Tax planning tool
Free submission

What Happens After Application?

TDS not deducted from interest.

Frequently Asked Questions

Wrong submission?

False declaration: penalty + prosecution. Submit only if genuinely below exemption limit. Interest is included in income calculation.

PAN missing?

Cannot submit. Get PAN first. Without PAN: 20% TDS auto.