Bank of Maharashtra Fixed Deposit Chandigarh

About Bank of Maharashtra Fixed Deposit Chandigarh

Chandigarh is one of the earliest planned cities of the country and is widely known for its urban design and infrastructure. Bank of Maharashtra has been associated with this city for over a decade now and has contributed substantially towards its development and maintenance. People of chandigarh are well-aware about the old and the upcoming financial opportunities and schemes that one can avail to ensure a sound and prosperous future. Bank of Maharashtra Fixed Deposits has been a widely appreciated and accepted product by the people of Chandigarh. Keep scrolling to get a detailed insight of this product!

Bank of Maharashtra Fixed Deposit Chandigarh at a Glance

ParticularsDetails
Interest Rate3.50% - 6.60%
Minimum Deposit Amount₹ 1,000 and in multiples of ₹ 100, thereafter
Tenure1 year to 10 years

Eligibility Criteria

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 Needed

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 Chandigarh.

Bank of Maharashtra Bank Fixed Deposit Chandigarh Branches

Branch NameAddressIFSC CodeMICRContact details
ChandigarhSCO 88 - 89, Sector- 17, ChandigarhMAHB00003841600140010172-2704416, 0172-2702253
Sector 45 - C, ChandigarhSCO 121 - 122 Sector 45C , Chandigarh - 160047MAHB00012961600140041800-233-4526
Sector - 38D,
Chandigarh
SCO - 307, Sector - 38D Chandigarh - 160038MAHB00013591600140050172-2690026
Sector 47 - C, ChandigarhSCO 115, Sector 47C , Chandigarh- 160047MAHB00014371600140070172-5034186
MOHALI PHASE IIS.C.F.71, Phase -2, Mohali, Dist. - Mohali, Punjab - 160055MAHB00017401600140090172-2225091

 

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