How to Open FD in Post Office?

Fixed Deposits (FDs)
1

I want to open FD in post office. I am looking for tax saver options and got to know of post office FD. Can you guide me how to open fd in post office online?

2

I see you are wondering about “how to open FD in Post Office.” There are two ways available for the customers. One is offline, and the other is an online procedure. Let me explain the offline procedure first.

  1. First, you need to visit the most accessible Post Office branch during business hours.
  2. Collect an FD account opening form.
  3. Fill in every necessary detail with accuracy, such as Aadhaar card, PAN card, address proof, and attach a passport-size photo.
  4. Post that, submit the filled form along with photocopies of the necessary documents and the desired amount to the specific personnel.

You can deposit the money in cash or a DD (demand draft). After depositing all these, you will get a receipt and an FD passbook, which mentions everything, including account number, maturity period and amount.

For the online process, follow these four steps:

  1. Visit the Indian Post Office’s official e-banking portal.
  2. Then, enter the ‘User ID’ and password and a captcha for account verification.
  3. After you log in, click on the ‘Service Request’ button. You can find this under the ‘General Services’ button.
  4. Then, follow the directions appearing on the screen to open an FD account at the Post office.

Both processes are straightforward. Choose the one which is most convenient to you.