Punjab & Sind Bank Fixed Deposit in Indore
Last Updated : April 14, 2017, 3:41 p.m.
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
| Particulars | Details |
|---|---|
| Interest Rate | 3.00% - 5.80% |
| Minimum Investment Amount | ₹ 1,000 |
| Tenure | 7 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 Companies | Board 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 Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| P.Y. Road Indore | 13 , P.Y Road, Indore - 452004 | PSIB0000103 | 452023002 | 0731-2367490 |
| Nand Nagar Indore | Guru Teg Bahadur Trust, Nand Nagar, Indore - 452006 | PSIB0000734 | 452023003 | 0731-2557010 |