Corporation Bank Fixed Deposit in Chennai

Last Updated : April 25, 2017, 6:57 p.m.

About Corporation Bank Fixed Deposit in Chennai

Corporation Bank has no set limit on the deposit amount for Fixed Deposits and the interest rates are one of the highest in Chennai. At Corporation Bank, your investment is secure and is continuously multiplying that makes it one of the best investment options. To apply now for FD account opening at your nearest Chennai branch, check documentation needed to apply for this product.

Corporation Bank Fixed Deposit Chennai at a Glance

Eligibility Criteria

The eligibility criteria to open an FD account at Corporation Bank in Chennai is as follows:

• Individuals
• Hindu Undivided Families (HUFs)
• Minor represented by parents/guardian
• Guardian on behalf of societies, clubs, trusts and associations, associations, clubs, trusts, sole proprietorship firms, partnership firms and limited companies

Documents Required

The documents checklist you must have to open an fixed deposit at Corporation Bank is as follows:

An Individual, Hindu Undivided Family, Sole Proprietorship Concern:

• ID Proof – Passport, PAN Card, Driving Licence, Voter ID, Government ID Card, Senior Citizen ID Card
• Address Proof – Telephone Bill, Electricity Bill, ID Card Issued by Post Office, Bank Statement with Cheque
• A photograph

Trusts:

• Copy of the Trust Deed
• Copy of the registration certificate
• Copy of the Resolution of the Trustees authorizing the members concerned to open and operate the account
• Photographs of the members operating the account

Associations/Clubs:

• 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

Partnership Firm:

• Partnership Deed
• Letter from partners approving the persons concerned to open and operate the account
• Photographs of the persons operating the account

Public or Private Limited Companies:

• Board Resolution / Authority Letter
• Memorandum & Articles of Association
• Certificate of Incorporation
• Certificate of Commencement of Business (Public Limited Company)
• Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC Governing Act / Rules and Regulations(PSUs) (certified true copy)

For more information, read Fixed Deposit Chennai

Address of Corporation Bank Branches in Chennai

The branch address, IFSC Code, MICR Code and customer care details of Corporation Bank branches located in Chennai are mentioned in the table below: