15g interest recieved limit

[owais ahmad]

if i make 9 lakh amount of FD each at five banks . total amount 45 lakh. total interest say 3.6 lakh. can i fill 15g at each bank. some one told limit is 2.5 lakh interest.

please clarify for FY 2025 26

[DR.MARIAPPAN GOVINDARAJAN]

Your query is not clear.  The total interest is required to be added in the income.  There is no provision for entering bankwise details.  

AI Summary

Form 15G aggregation rule: total interest must be aggregated for income assessment filing, not bank-wise. The depositor's interest receipts must be aggregated for income inclusion; total interest across all fixed deposits is required to be added to income and there is no mechanism to treat bankwise interest separately for declaring non-taxability under Form 15G.