FD Interest Rates 2024

Bank of Maharashtra Fixed Deposit Jammu

Bank of Maharashtra Fixed Deposit Jammu

Last Updated : May 5, 2017, 3:56 p.m.

About Bank of Maharashtra Fixed Deposit Jammu

Jammu is one of the most beautiful cities that we have in this country. Known for its rich cultural history, Jammu also possesses rich flora and fauna. Surrounded by mountains and rivers this city is truly a paradise on this planet. On being part of the active development in this city, Bank of Maharashtra has always kept in mind the needs of the people of Jammu. Bank of Maharashtra Fixed Deposit owns the responsibility of many secured dreams to its name in this city. The active participation and bountiful support has made this Bank of Maharashtra Fixed Deposit an ace product as compared to other products available in the segment. Read on to know more about it!

Bank of Maharashtra Fixed Deposit Jammu at a Glance

ParticularsDetails
Interest Rate2.75% - 6.40%
Minimum Deposit Amount₹ 1,000 and in multiples of ₹ 100, thereafter
Tenure1 year to 10 years

Who all can apply for Bank of Maharashtra Fixed Deposit Jammu?

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)

Documents 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 Jammu .

Bank of Maharashtra Bank Fixed Deposit Jammu Branches

Branch NameAddressIFSC CodeMICRContact details
JammuP-150, Sector-1 , Trikuta Nagar , Jammu ( J& K) -180012MAHB00012401800140021800-233-4526
SrinagarKashmir Khalsa Hotel, Amira Kadal, Srinagar - 190001 ( J & K )MAHB00013041900140010194-2450940

Related Post