Ask your Question
   (100 characters left)
Search for questions:      Advanced
Credit Cards
Car Loans
Home Loans
Personal Loan
Education Loans
Fixed Deposits
Savings Accounts
Miscellaneous
Bank ATM Auto Loan Bad credit Loan Recovery Recovery Agents Indian Bank Canara Bank Corporation Bank Loan Calculator credit card fraud HSBC Bank Vijaya Bank Deutsche Bank Credit history Credit score Used car loan Saving Account Fixed Deposit Loan Finance ICICI Bank RBI SBI Disha HDFC ABN Amro CitiBank EMI Calculator Kotak PNB Barclays Home Loan Personal Loan Credit Card Interest rate
Resolved Question:
Show me another
what is the procedure for opening fixed deposit account in a bank? what are the steps involved?
In Fixed Deposits  -  Asked by Hema Karkera -  1 year ago

Best Answer:
For opening a fixed deposit account with a bank, you need the minimum deposit amount (which varies from bank to bank),which is around Rs. 10,000.
Then, you only have to fill in the fd form and submit it along with certain other documents, & photographs, as required by the bank. These certain documents are usually proof of identity, address, age and signatures.
On opening a fd, the bank will issue a receipt, which is important so you need to keep it at a safe place.
1 year ago - By Madhu Sharma

Other Answers (2)
show:
Answer 1.
There are two ways of opening fixed deposit account. One, you can do it by visiting the bank in person. The process explained by Madhu Sharma for the same is correct. To add to it, some banks have uploaded the forms for opening fd on their websites. You can download it from the 'accounts and deposits' tab or the 'downloads' tab, print and fill it up, then submit it at the nearest branch.

The other way can be used by the existing savings accounts customers of a bank, who have enabled internet banking facility for their accounts. They just have to log-in to their accounts and then make a fd. They can choose the kind of deposit, its tenure and amount on their own.
1 year ago - By Namrata Sinha
Answer 2.
take ur id cards to bank and photo and done ur fd
1 year ago - By Piyush
Answer: Open Questions RSS
how can i find status of my SBI TDR/STDR my bank is SBI adhartal jabalpur TDR/SDR No.xxxxx823283
I am interested for DSA of SBI products avaialable for Orissa/Rourkela
money double years
View All
Discover: Resolved Questions RSS
as sr citizen i deposit 40lacs i want to know how much money i will get permonth as intrest
Escorts in panchkula......9872814230???
I was deposit Rs,200000,00 by Mis self sbi saving account than how much I got per month
I want check my saving account details 6220180467500341467
HOW MANY YEAR DUBBLE MY FIXED DEPOSIT ON S,B,I
View All
Vote: Undecided Questions
No question found.
COMPARE RATES
Get best FD rates
Best FD rates by banks
Compare Car Loan Rates for a used car
Get best bank for Home Loan
Show All...
COMPARE QUICKLY
 Select a product:
 

CALCULATORS
Fixed Deposit Interest Income Calculator
Credit Card Balance Transfer Savings Calculator
Car Loan Amount by EMI Calculator
Car Loan Amount by Down Payment Calculator
More Calculators...
CALCULATE QUICKLY
 Select a product:
 

NEWS THIS WEEK
Registration for the common banking entrance exam have started Jul 24, 2014
New Corp excel branch in Bangalore Jul 23, 2014
EPFO to allot universal account number to its members Jul 22, 2014
Home Financer HDFC and HDFC bank may go for a merger Jul 22, 2014
Development and growth of BMB bank Jul 21, 2014
News Archive
EDITORS' PICKS
Should you preclose your current FD for...
A checklist of investment options for...
Infrastructure bonds: another tax saving...
Haven’t filed a return of your income?...
The new avatar of savings account would...