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Documents and Eligibility for Fixed Deposits

Click on the cards below that match your profile and view the relevant documents and eligibility criteria required to start your FD with Mahindra Finance.

Individuals Residing in India

Individuals Residing in India

  • Passport
  • Driving license
  • Permanent Account Number (PAN) card
  • ‘Election Commission of India’ Voter identity card
  • ‘NREGA’ Job card, duly signed by an officer of the State Government
  • ‘Unique Identification Authority of India’ letter containing details of name, address and Aadhaar
  • number or any document as notified by the Central Government in consultation with the regulator

Non-Resident Indians (NRI)

Non-Resident Indians (NRI)

  • Passport with valid visa/ OCI
  • Overseas employment letter (optional for confirmation of residential status and overseas address)
  • PIO cards
  • PAN card
  • Local proof of address, if different from the passport address
  • Bank account statement or passbook
  • Local Property papers with registration deed
  • EB Bill card
  • Voter ID or driving license
  • Tax Residency Certificate from the Income Tax department of the country of which the investor is a resident
  • Copy of the passport as of the beginning of the current financial year and end of the financial year

Companies

Companies

  • PAN card
  • Address proof (bank statement/telephone bill)
  • Certificate of incorporation
  • Memorandum of article & association with latest board resolution and specimen signatures
  • Authorised signatory list
  • Photograph of the signatories
  • Cancelled cheque leaf for bank account verification
  • ID & address proof of authorised signatories

Partnership Firms

Partnership Firms

  • PAN card
  • Address proof (bank statement, telephone bill)
  • Partnership deed
  • Resolution copy
  • ID & address proof of all authorised signatories
  • Photograph of the signatories
  • Cancelled cheque leaf for bank account verification

Trusts and Foundations

Trusts and Foundations

  • Names of trustees, settlers, beneficiaries and signatories
  • Names and addresses of the founder, the managers/directors and the beneficiaries
  • Telephone/fax numbers
  • For Investments of Rs 1 crore and above, a declaration of the source of income is required.
  • Please note, we accept deposits from Registered Trusts only. Our investment is not qualified under Sec 11(5) of IT.

Charitable Trust

Charitable Trust

  • Copy of the registration certificate and/or 12(A) Certificate issued by Income Tax Dept.
  • Acknowledgement of registration application, if applied for.
  • PAN card
  • Address proof
  • List of signatories
  • Board resolution/Consent letter from trustees
  • Individual KYC of all trustees
  • Photographs, ID & address proof of signatories
  • Cancelled cheque leaf for bank account verification
  • Trust deed
  • Please note Mahindra & Mahindra Financial Services is not registered U/S 11(5) of the income tax act, hence Charitable Trusts may invest in Mahindra Finance FD at THEIR OWN RISK.

HUF

HUF

  • HUF PAN card
  • HUF/Kartha address proof & identity proof of Kartha
  • Photograph
  • Cancelled cheque leaf for bank account verification

Family Trust

Family Trust

  • Copy of the registration certificate
  • Acknowledgement of registration application, if applied for
  • PAN card
  • Address proof
  • List of signatories
  • Photographs, ID & address proof of signatories
  • Board resolution / Consent letter from trustees
  • Individual KYC of all trustees
  • Cancelled cheque leaf for Bank account verification
  • Trust deed
  • Please note, if the trust is not registered and/or is not willing to be registered in future, a letter duly signed by authorised signatories stating the trust is not registered & not willing to be registered in future is required.

Sole Proprietorship

Sole Proprietorship

  • ID & address proof of the proprietor
  • PAN card of proprietor
  • Address proof
  • Photograph
  • If the sole proprietorship is in a different name, the bank statement or registration certificate
  • Telephone bill
  • Cancelled cheque leaf for bank account verification

Club, Association, Society

Club, Association, Society

  • Copy of the Registration Certificate, if registered.
  • Acknowledgment of registration application, if applied for.
  • PAN card copy
  • Address proof
  • List of signatories
  • MOA & Resolution
  • Individual KYC of all signatories
  • Photographs, ID & address proof of signatories
  • Cancelled cheque leaf for bank account verification

Ready to grow your savings and secure your future? Choose a Fixed Deposit with Mahindra Finance today!

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