Bank of Maharashtra Fixed Deposit Patna

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

About Bank of Maharashtra Fixed Deposit Patna

Patna is the largest city of Bihar. It also happens to be one of the oldest continuously inhabited places in the world. Being a major agricultural hub and trade centre, the city of Patna has seen much development over the years. Bank of Maharashtra Fixed Deposits is one of the financial products that is a favourite amongst the people of Patna. With many upcoming industries and infrastructural development making its way into the city, the need for making a saving for a secured future has never been more. Read on to gain an in-depth knowledge about this product!

Bank of Maharashtra Fixed Deposit Patna at a Glance

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

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 Patna .

Bank of Maharashtra Bank Fixed Deposit Patna Branches