Oriental Bank of Commerce Fixed Deposit in Lucknow

Last Updated : March 11, 2020, 2:17 p.m.

About Oriental Bank of Commerce Fixed Deposit in Lucknow

Oriental Bank of Commerce (OBC) is a state-owned bank that has established a strong foothold in India with over 1,000 branches across India. The branches are located in Lucknow, the city of Nawab, as well. The Lucknow branches also have a fixed deposit to offer you. This is a type of deposit account opened at any of the bank branches by parking a fixed sum of money for a particular period of time. Fixed deposit allows the money to grow on the back of interest rate offered on the same. OBC also has attractive interest rates that can enable the dream of a secured future.

Oriental Bank of Commerce Fixed Deposit Lucknow at a Glance

Oriental Bank of Commerce Fixed Deposit Eligibility Criteria in Lucknow

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

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

Documents Needed for Opening Oriental Bank of Commerce Fixed Deposit in Lucknow

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

Oriental Bank of Commerce Fixed Deposit Lucknow Branches