Corporation Bank Fixed Deposit in Jammu

About Corporation Bank Fixed Deposit in Jammu

Living in Jammu is in itself a heavenly feeling and when the financial life also moving on the track, life becomes even more beautiful. In order to have this kind of life, you must have good savings and to help you do it, Corporation Bank is the one-stop destination. The fixed deposit investment option at the bank gives you the opportunity to keep your money secure and multiplying. To open an FD account at your nearest bank branch in Jammu, check the deposit amount and tenure along with documents checklist.

Corporation Bank Fixed Deposit Jammu at a Glance

ParticularsDetails
Interest Rate4.50% - 7.30%
Deposit amountNo Upper Limit
Tenure7 days-10 years

Eligibility Criteria

The eligibility criteria to open an FD account at Corporation Bank 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

Documentation 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 on fixed deposits, read Fixed Deposit Jammu

Address of Corporation Bank Branches in Jammu

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

Branch NameComplete AddressIFSCMICRContact Number
Jammu CPBB Panama Chowk, Jammu-180006CORP00006441800170020191-2473286

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