| Payment Code | Nature of Interest | Deductor / Payer | Deductee / Payee | Threshold | Typical Examples | Updated |
| 1020 | Interest other than interest on securities | Bank / Co-operative Bank / Post Office | Senior Citizen | ₹1,00,000 | Bank FD interest to a senior citizen | 30-06-2026 |
| 1021 | Interest other than interest on securities | Bank / Co-operative Bank / Post Office | Other than Senior Citizen | ₹50,000 | Bank FD interest to a non-senior citizen | 30-06-2026 |
| 1022 | Interest other than interest on securities | Any other specified payer (other than banks, co-operative banks and post offices) | Any resident | ₹10,000 | Interest on unsecured loan, interest paid by partnership firm, company, LLP, proprietorship, society, etc. | 30-06-2026 |