login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
|

What are the documents required for a Rs. 5 lakh deposit?

mahindra-finance-author

by Mahindra Finance

|

February 29, 2024

|

1 mins read

The documents required for a Rs. 5 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 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

Related articles

Fixed deposit features

One of the advantages of starting a fixed deposit (FD) is that it’s a safe way to invest. It also ensures the steady growth of your savings. What’s more, it is very easy to get started &...

KNOW MORE

June 30, 2023

The 5 Cs To Consider When Applying For A Business Loan

Introduction Starting a business is an exciting endeavour that requires careful planning and financial support. One of the key factors in obtaining the necessary funds is applying for a business loan....

KNOW MORE

April 25, 2024

Fixed-Deposit-for-Senior-Citizens- Higher-Interest-Rates-and-Benefits

Fixed Deposit for Senior Citizens: Higher Interest Rates and Benefits

Whether you are a salaried employee, self-employed, or a business owner, saving for your future must be one of your top financial goals as soon as you start working. But this doesn’t mean you must s...

KNOW MORE

July 15, 2024