Fixed Account
Features
- Fixed Deposit can be opened with a minimum balance of NRs.
- Payable upon maturity
- Penal interest is levied on withdrawal of FD prior to maturity.
- Interest is payable Quarterly.
- Tax is deducted at source from the interest on saving deposit as per the Income Tax Act, 2058(2001).
- Nomination facility is available.
- Strict confidentiality is assured.
Check Here for Interest Rate
* The Interest Rates are subject to change as per the market condition.
Eligibility:
- Individuals.
- Minors.
- Trusts.
- Associations.
- Clubs.
- Societies.
Documents :
The copy of the following certified documents has to be submitted while requesting for opening of Account
Personal Account :
- Identification Card in the form of Citizenship
- Certificate/Passport/Other ID/PAN Card
Minors:
Guardianship to be verified with related documents
Nominees form:
- Photograph of the nominee
- Signature of the nominee
Clubs/Societies and Association:
- Copy of Registration Certificate
- Copy of Bye-Laws
- Copy of Resolution to Open and Operate the account
- List of members
Corporate body:
- Certificate of Incorporation
- Memorandum and Article of Association of the Company
- Resolution of Board of Directors to Open and Operate the account
- Sample of Company Seal
- Name of the Directors of the Board
Partnership Account:
- Certificate of Partnership Registration
- Copy of Partnership deed, if any
Proprietorship Account:
- Registration Certificate
- Identification of Proprietors
