What is the procedure to open a fixed deposit account?

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Do you wish to open it in any Bank?

You must have PAN and residential address proof...

If you ask, what is a fixed deposit? A fixed deposit is an investment product offered by banks and financial institutions that allows customers to deposit a sum of money for a set period of time, typically one year or more, in return for a fixed rate of interest. The procedure to open a fixed deposit account in a bank typically involves a few steps. The first step is usually to visit Shriram City's website and find the page for opening a new account. From there, the customer can generally begin entering their personal information. The customer will also need to provide the bank with some documentation, such as proof of identity, address, mobile number, etc.

Visit:  https://www.shriramcity.in/articles/everything-you-need-to-know-about-fixed-deposits-in-india


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