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 -  2 years 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.
2 years 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.
2 years ago - By Namrata Sinha
Answer 2.
take ur id cards to bank and photo and done ur fd
2 years ago - By Piyush
Answer: Open Questions RSS
divorce problem solution bengali babaji +91-9636529917
Vashikaran Baba ji in usa 9166736058
CaLL -91+[9971=soo498 =EsCoRt GirL SeRviCe- [Noida Sec-56]-EsCoRt SeRvIcE In FiVe StAr HoTeL GurGaOn
KATRAJ~ESCORTS 09860259474 ~••~ 0968910188 Katraj Caℓℓ Girℓs In Balaji Nagar ℂall Giℝls
BLACK MAGIC ((+918769001888)) SPECIAlist in Chhattarpur
View All
Discover: Resolved Questions RSS
%ChAnDiGaRh escorts services O9855660911CaℒL Giℛℒ PaNcHkUlA ~Call gIℛℒ In MoHaLi Call giℛℒS sEℛvice
!!ChAnDiGaRh !!escort service O9855660911CaℒL Giℛℒ PaNcHkUlA ~Call gIℛℒ In MoHaLi Call giℛℒS sEℛvice
PAANJLA@ escort service O9855660911 CaℒL GiℛℒS In ChAnDiGaℛh ~Call gIℛℒ In Zirakpur Call giℛℒS
Mohali escorts services O9855660911CaℒL GiℛℒS In ChAnDiGaℛh ~Call gIℛℒ sEℛvice In PancHkUℒA
CHANDigarh~ escort service O9855660911 CaℒL Giℛℒ Rajpura~Call gIℛℒ In ℰscℴℛt Call ℊiℛls Patiala
View All
Vote: Undecided Questions RSS
Mohali escorts services O9855660911 CaℒL GiℛℒS In ChAnDiGaℛh ~Call gIℛℒ In PancHkUℒA Call giℛℒS sEℛ
View All
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
Vijaya Bank slashed down the interest rates on several maturities Jan 23, 2015
OBC bank reduced rates on various fixed deposit maturities Jan 20, 2015
RBI reduced Repo rate by 0.25% Jan 15, 2015
New product rolled out by KVG bank Jan 14, 2015
Banks introduced foreclosure penalties Jan 12, 2015
News Archive
EDITORS' PICKS
Should you preclose your current FD for...
For what purpose do you want to invest in...
A checklist of investment options for...
J&K Bank raises PLR
Things to know before retirement