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What are the documents required for a Rs. 1 Lakh fixed deposit?

mahindra-finance-author

by Mahindra Finance

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February 29, 2024

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1 mins read

The documents required for a Rs. 1 Lakh FD may vary based on the type of investor you are. At Mahindra Finance, we believe in keeping things simple for our customers. Therefore, we require only a few basic documents for a fixed deposit account. If you are an individual residing in India, you can submit any one of the following documents:

  • 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.

Disclaimer:

This blog is for general informational and educational purposes only and does not constitute financial, legal, or investment advice, recommendations, or solicitation. The prices, rates, and financial values mentioned are approximate and subject to change due to regional differences, market fluctuations, regulatory changes, and other factors. Please consult an authorized dealer or financial advisor for accurate and up-to-date details.

The content may include forward-looking statements or projections, which are speculative and subject to risks and uncertainties. Mahindra Finance is not obligated to update these statements to reflect future changes. Any opinions or third-party contributions presented are purely informational and may not reflect the views of Mahindra Finance.

While we strive for accuracy, Mahindra Finance does not guarantee the reliability or completeness of the information provided and disclaims all liability for errors, omissions, or reliance on this content. Readers are advised to verify all details independently and seek professional advice based on their specific needs.

This information applies to Indian regulations and may not be relevant to other jurisdictions. Mahindra Finance is not liable for any direct, indirect, or consequential decisions made based on this blog.

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