Bank of Maharashtra Fixed Deposit Ahmedabad

Last Updated : May 5, 2017, 12:56 p.m.

About Bank of Maharashtra Fixed Deposit Ahmedabad

Bank of Maharashtra Fixed Deposit has been a huge success in the city of Ahmedabad. The people of Ahmedabad took the opportunity to invest in this product with complete acceptance and understanding. Bank of Maharashtra has been one of the core factors in the development of Ahmedabad and its people. Being the largest city of Gujarat and a major centre of political history, this city has seen many changes in due course of time. While being a hub of technological and business development, Ahmedabad is a city of prudent and well-planned people. Read on to know more about this product!

Bank of Maharashtra Fixed Deposit Ahmedabad at a Glance

Criteria of Eligibility

The eligibility criteria to open a fixed deposit account with the Bank of Maharashtra is quite liberal. Below listed individuals can avail the service of fixed deposit from the bank-

• Individuals
  • An Indian Resident
  • A Non-resident Indian (NRI)
  • Minors
• Joint Depositors
• Sole Proprietorship Firms
• Private Limited Companies
• Partnership Firm
• Trusts
• Associations
• Clubs
• Hindu Undivided Families (HUFs)

Documentation Required

Below is the list of documents required by the applicants in order to avail a fixed deposit from Bank of Maharashtra:

Documents required for Individuals, Joint Depositors, HUFs and Sole Proprietorship Firms

• ID Proof
• Bank Statement for at least last 6 months
• Photographs

Documents required for Private Limited Companies

• Certificate of Incorporation
• Letter of Authority or the Board Resolution
• Memorandum & Articles of Association
• Certificate of Commencement of Business (Public Limited Company)
• Form 32, where list of directors are not original subscribers to Memorandum & Articles of Association (for Private Limited Companies), duly acknowledged by ROC
• Governing Act / Rules and Regulations ( for PSUs) (certified true copy)

Documents required for Partnership Firms

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

Documents required for Trusts

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

Documents required for Clubs/Associations

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

For additional information, visit Fixed Deposit Ahmedabad .

Bank of Maharashtra Bank Fixed Deposit Ahmedabad Branches