Fixed Deposit Ghaziabad
Last Updated : Jan. 28, 2017, 5:53 p.m.
About Ghaziabad
Ghaziabad is a gateway to the state of Uttar Pradesh. It is situated near Delhi and is a part of National Capital Region (NCR). It is a rapidly expanding region with well connected roads and railways. It holds the administration of Ghaziabad district. The well planned industrial city is host to a number of steel manufacturing and electronics industry. It is the main commercial and educational centre of Western UP. The city has earned the title of dynamic city and is a hub real estate. The progressive economy of the place influences people to settle there.
About Fixed Deposit
The ideal way to invest for a limited period of time and gain solid returns is to invest in the fixed deposit . The interest payable on deposits are higher than that on a savings account. The individual is entitled to receive a regular interest at the frequency determined by him/ her at the time of booking the deposit. The depositor can avail the nomination facility and premature withdrawal facility on the deposits. However, in the case of premature withdrawal, the interest is calculated on the penal rates. Some banks pay an additional interest to the senior citizens. The investor has the option to specify the time limit of the deposit and renew it at the maturity of the plan.
Fixed Deposit Ghaziabad in a nutshell
| Particulars | Details |
|---|---|
| Interest Rate | 3.00% - 9.25% |
| Minimum Investment Amount | ₹ 1,000 |
| Tenure | 7 days – 10 years |
Fixed Deposit Eligibility Criteria
Following are the entities which are eligible for availing fixed deposit schemes:
Individuals
Hindu Undivided Families (HUFs)
Minor represented by parents/guardian
Associations
Clubs
Trusts
Sole proprietorship firms
Partnership firms
Limited Companies
Documents Required For The Fixed Deposit
| Category | Documents |
|---|---|
| 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) |
Top Banks Fixed Deposit Interest Rate and Address
| Banks Name | Main Branch Address | Rate of Interest |
|---|---|---|
| State Bank Of India | Shop No -23, Panchsheel Wellington, Crossing Republic, Ghaziabad, Uttar Pradesh 201009 | 2.90% - 6.20% |
| HDFC Bank | D - 44 RDC Raj Nagar, Raj Nagar, Ganesh Puri, Ghaziabad, Uttar Pradesh 201001 | 2.50% - 6.25% |
| ICICI Bank | Ashok Marg, Block 15, Sector 10, Raj Nagar, Ghaziabad, Uttar Pradesh 201002 | 2.50% - 6.30% |
| Axis Bank | BG- 1, BF- 1, Plot No. 3, Vaibhav Khand, Aditya City Centre, Indirapuram, Ghaziabad, Uttar Pradesh 201012 | 2.50% - 6.50% |
| Punjab National Bank | Navyug Market, Old Munsfi Rd, Sihani Gate, Naya Ganj, Ghaziabad, Uttar Pradesh 201001 | 2.90% - 5.75% |
| Bank of India | 59 - 60, Grand Trunk Road, Ghaziabad, 201001, Uttar Pradesh | 2.85% - 5.55% |
| Bank of Baroda | 4 Kiran Enclave G.T. Road, Ghaziabad- 201001 | 2.90% - 6.30% |
| Central Bank Of India | Site No. 1, Loha Mandi, Bulandshahar Road India Estate, Ghaziabad | 2.75% - 5.50% |
| Canara Bank | Main Govindpuram Rd, Block I, D-Block, Govindpuram, Ghaziabad, Uttar Pradesh 201013 | 2.90% - 5.75% |
| IDBI Bank | Sudesh Plaza, C - 78, Rajnagar Dist Centre, Raj Nagar, Ghaziabad | 2.90% - 5.90% |