Oriental Bank of Commerce Fixed Deposit in Hyderabad

Last Updated : April 27, 2017, 7:03 p.m.

About Oriental Bank of Commerce Fixed Deposit in Hyderabad

Staying in Hyderabad? Want a secured future? In the hunt for a financial product that can help achieve the same? Why not open a fixed deposit account and provide a strength to your financial side of the life? It’s a simple product that you can open by depositing a particular sum of money for a certain time and become the beneficiary of interest available on the deposits. You can choose Oriental Bank of Commerce (OBC) for a fixed deposit as it has a solid base not only in India with over 1,000 branches but also in Hyderabad. So, take the plunge with Oriental Bank of Commerce Fixed Deposit Hyderabad for a better future.

Oriental Bank of Commerce Fixed Deposit Hyderabad at a Glance

Oriental Bank of Commerce Fixed Deposit Eligibility Criteria in Hyderabad

OBC allows a list of individuals and organizations to open a fixed deposit in Hyderabad. Find them out in the pointers below.

• Individuals
• Companies
• Partnership Firms
• Trusts
• Proprietary Concerns
• Unincorporated Association or a Body of Individuals

Documents Checklist to Open Oriental Bank of Commerce Fixed Deposit in Hyderabad

Keen to know the documents asked by OBC to open a fixed deposit in Hyderabad? Below are the pointers that will act as a guide.

Documents for Individuals

• Identity Proof- Passport/PAN Card/Voter ID/Driving License/Aadhaar Card/Job Card Issued by NREGA Duly Signed by the Competent State Govt Official/Letter Issued by a Gazetted Officer with a Duly Attested Photograph
• Address Proof- Receipt of Property or Municipal Tax/Letter of Allotment of Accommodation from Employer Issued by Central or State Government Departments, Public Sector Undertakings, Scheduled Commercial Banks, Listed companies/Documents issued by Government departments of foreign jurisdictions and letter issued by Foreign Embassy or Mission in India

Documents for Companies

• Certificate of incorporation
• Memorandum and Articles of Association
• Board of Director Resolution giving power of attorney to managers, employees or officers to transact on behalf of the company.
• A valid official document required for managers, officers or employees who have been given the power of attorney for transaction

Documents for Partnership Firms

• Registration certificate
• Partnership deed
• A valid official document required for the individual having given the power of attorney with respect to transaction

Documents for Trusts

• Registration certificate
• Trust deed
• A valid official document required for the individual having given the power of attorney with respect to transaction

Documents for Unincorporated Association or a Body of Individuals

• Resolution of Managing Body of association or body of individuals
• Power of attorney granted to an individual to transact on behalf of the association or body of individuals
• A valid official document required for the individual having given the power of attorney with respect to transaction

Documents for Proprietorship Firms

• Registration Certificate (If it is registered)
• License or certificate issued by the municipal corporation under Shop & Establishment Act
• Income Tax Return
• VAT/CST Certificate
• Certificate/Registration document issued by service tax/professional tax/sales tax authorities
• Licensing or Registration Document Issued in the name of proprietorship firm by an authority or department from either state or central government.
• Importer Exporter Code (IEC) issued by DGFT to the proprietary concern
• Latest utility bills in the name of proprietorship firm

Check for More Information in Fixed Deposit Hyderabad

Oriental Bank of Commerce Fixed Deposit Hyderabad Branches