Oriental Bank of Commerce Fixed Deposit in Indore

Last Updated : April 27, 2017, 7:24 p.m.

About Oriental Bank of Commerce Fixed Deposit in Indore

Indore, one of the most popular cities in Madhya Pradesh and India, is the destination every foodie wants to be in. Local cuisines like Poha and others are always in the menu of eaters down there. However, the financial security is one thing that everyone craves. And you being a resident of Indore also want the same, right! For that, you just need to open a fixed deposit at Oriental Bank of Commerce (OBC) in Indore. The bank, since its inception in 1943, has created a strong foothold in the market by making itself visible in the entire landscape of India. It has a good presence in Indore as branches are located at various square of the city. Before applying for a fixed deposit, do go through Oriental Bank of Commerce Fixed Deposit Indore.

Oriental Bank of Commerce Fixed Deposit Indore at a Glance

Oriental Bank of Commerce Fixed Deposit Eligibility Criteria in Indore

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

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

Documents Required to Open Oriental Bank of Commerce Fixed Deposit in Indore

Keen to know the documents asked by OBC to open a fixed deposit in Indore? 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 Indore

Oriental Bank of Commerce Fixed Deposit Indore Branches