I want to know what are the requirements for a fixed deposit account. Please tell me what are the documents required to open FD account?
Opening a Fixed Deposit account is quick and easy, and I am here to share a quick guide with you on what are the requirements for a fixed deposit account.
Start by selecting an FD plan that offers competitive interest rates and features that suit your needs. These days, you can open an FD account online in just a few steps. Even if you choose the offline route, the process is simple.
To open an FD account, you must meet some eligibility requirements:
- You must be at least 18 years old.
- Minors can open an FD account as well, but will need the supervision of their guardian.
- NRIs need an NRE or NRO account to book an FD.
If you are wondering about what documents are required for a Fixed Deposit, here is a list:
- Your PAN, Aadhaar Card or Driving Licence for identity verification
- Electricity or water bills, passport, etc., for address verification.
- Birth certificate, discharge certificate from service, etc., as proof of age.
- Your recent passport-sized photographs, if you are a new customer to the bank.