Fixed Deposit Gurugram

About Gurugram

Gurugram, formerly known as Gurgaon is a city in Haryana. It is situated close to the National Capital Region. The dusty agricultural village has now accelerated to the position of the city with third highest per capita income. Due to the presence of 250 fortune companies, it is popularly known as the Millennium City. It is the leading financial and industrial hub providing a means of living to a huge population. The fast evolving economy and modern infrastructure have played a pivotal role in turning the place into a developed urban centre.

About Fixed Deposit

Fixed deposits are most suitable for the people looking forward to hassle free mode of investment. This is because everything is ascertained at the time of opening the FD account. The gain is predetermined and fix. There is no risk factor associated to the term deposits. The depositor will get the same returns as promised even if the interest rates on deposits change. Also, there is no chance of loss which is common in other forms of investments. It is a planned investment where a certain sum of amount is deposited for a stipulated period of time. This amount yields interest throughout the tenure of deposit and is payable at the expiration of the plan.

Fixed Deposit Gurugram in a nutshell

Particulars
Details
Interest Rate

3.00% - 8.10%

Minimum Investment Amount₹ 1,000
Tenure7 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 CompaniesBoard 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 NameMain Branch AddressRate of Interest
State Bank Of IndiaPlot 364, Phase II, Udyog Vihar Dundahera, Gurugram, Haryana, Pin -1220065.75% - 7.35%
HDFC Bank
A - 12, The Shopping Mall, Dlf Qutab Enclave, Phase - 1, Gurugram - 122002, Haryana3.50% - 8.00%
ICICI Bank
ICICI Bank Ltd, SCO 18 & 19, Huda Shopping Centre, Sector - 14, Market Complex, Gurugram - 1220014.00% - 7.55%
Axis BankSCO - 29, Sector - 14, Near Huda Office, Old Delhi - Gurugram Road- 1220013.50% - 7.95%
Punjab National Bank
Fountain Chowk, Gurugram, Haryana - 1220015.70% - 7.41%
Bank of India

MGF Plaza, Gurugram, DLF Phase II, Mehrauli Gurugram Road, Gurugram, 122002, Haryana4.80% - 6.50%
Bank of Baroda
Sector - 10 A, Gurugram, Haryana4.00% - 6.85%
Central Bank Of India
SCO 22, G F Housing Board, Saraswati Vihar, Gurugram Road, Mehrauli, Gurugram, Haryana 122002

4.00% - 6.50%

Canara Bank
Ess Kay Tower, Old Railway Road, Gurugram, 1220014.20% - 8.44%
IDBI Bank
Mahrauli Gurugram Road Sikanderpur5.75% - 7.25%

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