Punjab & Sind Bank Fixed Deposit in Indore

About Punjab & Sind Bank Fixed Deposit Indore

Are you looking for a safe short-term financial instrument for your investment? Consider fixed deposit scheme offered by Punjab & Sind Bank Indore which guarantees you attractive returns subject to the interest rate and tenure chosen by the customer. It is a great way to enhance your savings without losing any interest value on any time period. Fixed deposit invites deployment of money by several customers for a certain time period which can yield better returns through power of compounding principle. The depositor has the right to select the time period for getting the amount of money blocked in this financial instrument. It could be as shorter as 7 days or maximum upto 10 years. There is no limit on the maximum deposit amount, so the depositor is free to exercise his/her right for booking the fixed deposit subject to the interest rates as well. So, don’t stretch yourself thinking for long? Start immediately and apply now at Punjab & Sind Bank Fixed Deposit Indore.

Punjab & Sind Bank Fixed Deposit Indore at a glance

ParticularsDetails
Interest Rate4.00% - 7.25%
Minimum Investment Amount₹ 1,000
Tenure7 days – 10 years

Eligibility Criteria

1. The following entities are eligibile to apply for fixed deposit :

  • Individuals

  • Hindu Undivided Families (HUFs)

  • Minor represented by parents/guardian

  • Guardian on behalf of societies, clubs, trusts and associations

  • Associations

  • Clubs

  • Trusts

  • Sole proprietorship firms

  • Partnership firms

  • Limited companies

  • Senior Citizens

  • Ex-staff members

Documents Required with Punjab & Sind Bank Fixed Deposit Indore

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)

For additional details, visit Fixed deposit Indore

Address of Punjab & Sind Bank Branches in Indore

Branch NameComplete AddressIFSCMICRContact Number
P.Y. Road Indore
13 , P.Y Road, Indore - 452004PSIB00001034520230020731-2367490
Nand Nagar IndoreGuru Teg Bahadur Trust, Nand Nagar, Indore - 452006 PSIB00007344520230030731-2557010

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