Bank of India Fixed Deposit in Indore

Last Updated : April 13, 2017, 7:01 p.m.

About Bank of India Fixed Deposit Indore

Indore, a foodies paradise in the state of Madhya Pradesh, is a home to a large number of small and medium scale enterprises, coupled with a host of engineering colleges for the students to take admission into. The people working in the companies based in the city and the ones who come into the corporate after completing their studies do want to solidify their financial position. Well, it can be achieved buoyed by a fixed deposit from Bank of India (BOI), a bank which you, the resident of Indore, must have seen walking on the roadside of the city.

Bank of India Fixed Deposit Indore at a Glance

Eligibility Criteria

Getting anxious to know who are the ones that can benefit from a fixed deposit of BOI in Indore? Have a glance at the bullets shown below.

• 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 Open a Fixed Deposit in Indore

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 Indore

Bank of India Fixed Deposit Indore Branches