India’s First Free Online/On-call Financial Advisory Portal – MoneyMindz
MoneyMindz, India’s First On-Call Financial Advisory helps you learn the benefits of opening a fixed deposit account. A fixed deposit is an easy and safe way to invest lump sum money. If you hold a bank account, you can easily open a fixed deposit by visiting the nearest branch or also through Net Banking.
Let us look at the procedure to open a fixed deposit account online:
Log into your Net Banking account.
You need to click the TRANSACT section and select Open Fixed Deposits.
You will have to select the branch, enter tenure and amount, appoint a nominee, click continue and then confirm. You have the option to instantly download the fixed deposit advice which is a receipt of your deposit.
How to open a FD if you don’t hold an account?
If you don’t hold a savings account and want to open a FD in a bank then you are required to submit documents like photo identity, address proof etc and basically complete your KYC. You are supposed to submit these documents along with a filled up and signed application form.
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