Bank of Maharashtra Fixed Deposit Kochi

About Bank of Maharashtra Fixed Deposit Kochi

Kochi, also known as Cochin, is one of the most developed and prosperous cities in Kerala. Surrounded by water on one side, the city was used for its massive harbor in the past. The history of this city has carved its people to be financially secured and aware. This is one of the major reasons for the product such as Bank of Maharashtra Fixed Deposits to be a hit amongst the people of this city. We all work endlessly to earn more and have a secured and sound future but through this product we get a chance to let our money work for itself. The prudence of Bank of Maharashtra has always helped its customers serve better over the years. Know more about this popular product and decide how apt it is for you!

Bank of Maharashtra Fixed Deposit Kochi 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

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

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 Kochi.

Bank of Maharashtra Bank Fixed Deposit Kochi Branches

Branch NameAddressIFSC CodeMICRContact details
ErnakulamJos Junction, M. G. Road, Ernakulam- 682016MAHB00003796820140021800-233-4526

 

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