No, with effect from 01 Dec 2020, tax will be deducted (if applicable) on PAN-level. This means if a customer has 5 deposits with BFL, BFL will calculate the total tax to be deducted on these 5 deposits and then will deduct the entire TDS from interest amount from any of these 5 deposits. BFL will not deduct tax from each of these 5 deposits separately.