Bank of Maharashtra Fixed Deposit Mumbai

Last Updated : Feb. 27, 2020, 4:46 p.m.

About Bank of Maharashtra Fixed Deposit Mumbai

Mumbai, the city of dreams, is the most looked upon metropolitan of the country when it comes to development and finances. With numerous people making their way into the city and realising their dream of living there, it is very important to realise the importance of savings made for the financial emergencies. Bank of Maharashtra Fixed Deposits is a product which has been appreciated for its make and the facilities that it provides. People of Mumbai have shown considerable participation and support towards this product and have availed the services that it has on offer. Know more about this product in detail!

Bank of Maharashtra Fixed Deposit Mumbai at a Glance

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

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 Mumbai .

Bank of Maharashtra Bank Fixed Deposit Mumbai Branches