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I want to know TDS applicable on my RD account.

From June 01, 2015, Tax Deduction at Source (TDS) will be applicable on interest paid/ accrued on Recurring Deposits. In case the deposit holder does not want the tax to be deducted at source, they may submit Form 15G / 15H (other than company, firm or co-operative society)/ Exemption Certificate under Section 197 (in case of all holders)/ or any other Tax Exemption Certificate with the bank. Such form or tax exemption certificate has to be submitted every financial year for each recurring deposit held with the bank.