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
love vashikaran specialist +919636559386.
kala jadoo specialist baba ji 09636529917 - Nordic Games G
i want to check my balance in bank of baroda .my account number is 19070100001540
inter cast love marriage specialist guru ji +919828568902
love guru vashikaran specialist guru ji +919828568902
View All
Discover: Resolved Questions RSS
I invest 4.5 lac in mis scheme in SBI how much amount received per month
FOR DEPOSIT OF 40,00000/- HOWMUCH IS MY INTEREST PER ANNUM
FEET @09780560514~@ Call GiRls ludhiana Female EsCoRt In ludhiana Female Escort Service In ludhiana
BaNg @~09780560514~@ Call GiRl In ludhiana EsCoRts In ludhiana Escort Services In ludhiana
What is the FD interest rate in India?
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
Andhra Bank’s profit doubled this time Oct 31, 2014
SBI reduced FD rates for the third time within a period of three months Oct 30, 2014
Banks on strike on 12th November Oct 29, 2014
Mpassbook facility for SBI users Oct 27, 2014
SBI determined to continue retail banking in UK Oct 21, 2014
News Archive
EDITORS' PICKS
For what purpose do you want to invest in...
Recurring Deposits or Systematic...
Investment options to Save Tax under...
Carnival of Indian Personal Finance Blogs #4
Some Quick Facts about Wealth Tax in India!