Summary
To open a Fixed Deposit (FD) in an Indian Post Office, any Indian citizen can apply with a minimum deposit starting from ₹1,000. The typical durations are 1, 2, 3, or 5 years, and interest rates are fixed as per government guidelines. Required documents include ID proof, address proof, and a PAN card. No registration fees are needed, and monthly fees are not required. You can nominate someone to receive the funds in unforeseen circumstances, although its not compulsory. The nominee can claim the funds by submitting a claim, death certificate, and identification proof. The FD holders presence is generally required to open an account, but check with the post office for any exceptions.Full Conversation
For *.5 years can fd be made in post office
In an Indian Post Office, you can open a Fixed Deposit (FD) for a duration of *.5 years. The available durations typically range from * to 5 years, so *.5 years fits within this range. If you need more details, feel free to ask!
They give option of *.5 years or just * * or * like
In an Indian Post Office, the typical FD durations are *, *, *, or 5 years. A *.*-year duration might not be standard, but you can check with the specific post office branch for any special schemes. Would you like help with anything else regarding post office services?
How to open fd account do we have to fill any registration fees too in haridwar
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To open a Fixed Deposit (FD) account in a post office in Haridwar, you generally don't need to pay any registration fees. Here's how you can proceed:
- Visit the nearest post office.
- Provide necessary documents: ID proof, address proof, PAN card.
- Fill out the FD application form.
- Deposit the minimum amount to start the FD.
Feel free to ask if you have more questions!
If I deposit *,* fd for 2 years when 2 years will get completed then I will get how much
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The return on your Fixed Deposit (FD) depends on the interest rate offered by the post office at the time of deposit. Interest rates can vary, so it's best to check with the post office for the current rate. They can calculate the maturity amount for ₹*,* FD for 2 years.
Every month wil I have to deposit any fees
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You don't need to deposit any fees every month for a Fixed Deposit (FD) in a post office. Once you deposit the initial amount, it remains in the FD account until maturity. You earn interest on it, which is paid at regular intervals or at maturity, depending on the scheme.
Nominee is also kept
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In a post office Fixed Deposit (FD) account, you can nominate someone to receive the funds in case of unforeseen circumstances. It's a standard procedure to ensure that your investment is secure and transferred to the nominee. If you have further questions, feel free to ask!
Can I make fd of anyone or I have to take that person to post office
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To open a Fixed Deposit (FD) for someone else in a post office, the person for whom the FD is being opened generally needs to be present to provide their documents like ID proof, address proof, and PAN card. However, you can inquire with the specific post office branch for any exceptions or special schemes that might allow opening an FD without the person being present.
If person is making fd for myself is it compulsory to have nominee in fd or not
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In a post office Fixed Deposit (FD) account, having a nominee is not compulsory, but it is highly recommended. Nominating someone ensures that the funds are easily transferred to the nominee in case of any unforeseen circumstances. If you have more questions, feel free to ask!
How the fund will transferred to nominee that fd person have to sign for that
Case Rating: *
The transfer of funds to a nominee from a Fixed Deposit (FD) in a post office typically involves the following steps:
- Upon the account holder's demise, the nominee must submit a claim along with the death certificate and nominee's identification proof.
- The post office processes the claim and transfers the funds to the nominee. No signature from the FD holder is needed.
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