Fixed Deposit is a secure investment. It is also known as Term Deposit. A Fixed deposit is a financial instrument provided by Banks and NBFCs which provides higher interest rates. If you are planning to invest in Fixed Deposit, here are the documents required for FD:-
Proof of identity: This could be one among:
- Aadhar card
- Passport
- Driving license
- Voter’s ID
- NREGA job card
Have to submit a self-attested copy of the document of your choice along with the application for FD.
Proof of address: This could be one among:
- Aadhar card
- Passport
- Driving license
- Voter’s ID
- Utility bills
- Property receipts
- Bank account statement
Have to submit a self-attest copy of the document of your choice along with the application for FD.
Check: FD Interest Rates
Proof of signature:
Some banks/ NBFCs require that you submit a document to verify your signature. This is usually the case if you are not already a customer of the bank/ NBFC. For this, you can submit a copy of the passport, PAN card, or driving license.