Andhra Bank Fixed Deposit in Indore

Last Updated : June 13, 2017, 5:16 p.m.

About Andhra Bank Fixed Deposit in Indore

Andhra Bank has been a believer of customer-friendly products and has designed all its products accordingly including Fixed Deposits. In Indore, Andhra Bank is one of the leading banks when it comes to FDs. Have a look at the eligibility criteria and interest rates offered by Andhra Bank in Indore branch.

Andhra Bank Fixed Deposit in Indore at a Glance

Eligibility Criteria

At Andhra Bank, the fixed deposit account can be opened by the following:

• Individuals
• Hindu Undivided Families (HUFs)
• Minor represented by parents/guardian
• Guardian on behalf of societies, clubs, trusts and associations
• Associations
• Clubs
• Trusts
• Sole proprietorship firms
• Partnership firms
• Limited Companies

Documents Required

The list of documents required at the time of FD account opening is subject to change from the profession and category. So, have a look at the documents and see under which category do you come.

An Individual, Hindu Undivided Family, Sole Proprietorship Concern:

• ID Proof-Passport/PAN Card/Driving Licence/Voter ID/Government ID Card/Senior Citizen ID Card
• Address Proof-Passport/Telephone Bill/Electricity Bill/ID Card Issued by Post Office/Bank Statement with Cheque/Any other ID proof or address proof document can be submitted subject to bank’s satisfaction
• A photograph

Trusts:

• Copy of the Trust Deed
• Copy of the registration certificate
• Copy of the Resolution of the Trustees authorizing the members concerned to open and operate the account
• Photographs of the members operating the account

Associations/Clubs:

• By-laws of the Association
• Copy of the Resolution by the board authorizing the members concerned to open and operate the account
• Photographs of the members operating the account

Partnership Firm:

• Partnership Deed
• Letter from partners approving the persons concerned to open and operate the account
• Photographs of the persons operating the account

Public or Private Limited Companies:

• Board Resolution / Authority Letter
• Memorandum & Articles of Association
• Certificate of Incorporation
• Certificate of Commencement of Business (Public Limited Company)
• Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC
• Governing Act / Rules and Regulations(PSUs) (certified true copy)

For more information on fixed deposits, read Fixed Deposit Indore

Andhra Bank Indore Branches