Bank of India Fixed Deposit in Gurugram

Last Updated : June 7, 2017, 4:30 p.m.

About Bank of India Fixed Deposit Gurugram

Fixed deposit is a type of instrument that allows the invested capital to accumulate over a period of time with the interest rate offered on it. The long-term fixed deposit grows on a cumulative basis, thereby building a corpus for the future. If you are wondering which bank to trust for a fixed deposit in your city Gurgaon, also called as Gurugram, Bank of India (BOI) emerges as one of the attractive options for the same.

Bank of India Fixed Deposit Gurugram at a Glance

Eligibility Criteria

No idea of who can open a fixed deposit at Bank of India in Gurugram? Here comes the list of eligible people and institutions.

• A Resident of India
• Non-resident Indian (NRI)
• Sole Proprietorship Firms
• Private Limited Companies
• Partnership Firm
• Trusts
• Associations
• Clubs
• Charitable Institutions
• Municipalities
• Hindu Undivided Families (HUFs)

Documents Required to Apply for a Fixed Deposit at Bank of India in Gurugram

Above you saw the people and the organisations eligible to open a fixed deposit. Now check out what are the documents that they need to serve the purpose.

Documents for Individuals, HUFs and Sole Proprietorship Firms

• A Colour Photograph
• Driving License
• Last 6-month Bank Statement

Documents for 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)

Documents for Partnership Firms

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

Documents for Trusts

• Photographs of the member operating the account.
• Copy of the Trust Deed.
• Copy of Registration Certificate.
• Copy of the resolution of trustee authorizing the member to operate and open the accounts.

Documents for Clubs/Associations

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

For additional information, visit Fixed Deposit Gurugram

Bank of India Fixed Deposit Gurugram Branches