Account Opening Documents for Fixed Deposit Account

Personal / Individual Fixed Deposit Account

• Citizenship Certificate / Passport / National Identity Card / Driving License / Voter’s ID Card or other valid identification documents issued by the Government.

• Recent passport-size photograph.

• PAN, where applicable or required.

• Address verification documents such as utility bill or other acceptable documents.

• Source of income/source of funds documents, where applicable.

• Duly completed and signed Fixed Deposit Account Opening/Application Form.

• Details of the linked Savings/Current Account from which the Fixed Deposit amount will be transferred, where applicable.

• Nominee details and identification documents, where applicable.

• In case of a minor, birth certificate/minor identification document and identification documents of parent/legal guardian.

• Any other documents if felt necessary and required by the Bank.

Joint Fixed Deposit Account

• Citizenship Certificate / Passport / National Identity Card or other valid identification documents of all joint account holders.

• Recent passport-size photographs of all joint account holders.

• PAN, where applicable or required.

• Address verification documents of all joint account holders, where applicable.

• Source of income/source of funds documents, where applicable.

• Duly completed and signed Fixed Deposit Account Opening/Application Form by all joint account holders.

• Clear instruction regarding operation, maturity and payment of the Fixed Deposit.

• Nominee details and identification documents, where applicable.

• Any other documents if felt necessary and required by the Bank.

Children / Minor Fixed Deposit Account

• Birth Certificate of the child/minor.

• Citizenship Certificate / Passport / National Identity Card of the minor, if available.

• Recent passport-size photograph of the minor.

• Citizenship Certificate / Passport / National Identity Card or other valid identification document of the parent/legal guardian.

• Recent passport-size photograph of the parent/legal guardian.

• Relationship verification document between the minor and parent/legal guardian.

• Legal guardianship documents, where applicable.

• PAN of the parent/guardian or minor, where applicable or required.

• Source of funds documents of the parent/legal guardian, where applicable.

• Duly completed and signed Fixed Deposit Application Form by the parent/legal guardian.

• Nominee details, where applicable.

• Any other documents if felt necessary and required by the Bank.

Company / Corporate Fixed Deposit Account

• Certificate of Incorporation/Registration Certificate and applicable renewal certificates.

• PAN/VAT/Income Tax Certificate and applicable renewal certificates.

• Memorandum and Articles of Association.

• Board Resolution regarding opening of the Fixed Deposit Account and authorization for placement/withdrawal of the deposit.

• Recent passport-size photographs and citizenship/passport copies of Directors, Managing Director/CEO and authorized signatories.

• Details and identification documents of beneficial owners/shareholders, where applicable.

• Audited financial report and tax clearance certificate of the last fiscal year, where applicable.

• Documents evidencing source of funds, where required.

• Specimen signatures of authorized signatories.

• Details of the linked Company Current/Savings Account, where applicable.

• In case of change of address from the initially registered address, copy of the relevant document.

• Any other documents if felt necessary and required by the Bank.

Partnership / Individual Firm Fixed Deposit Account

• Firm Registration Certificate / PAN / VAT / Income Tax Certificate and applicable renewal certificates.

• Partnership Deed, in case of Partnership Firm.

• Recent passport-size photographs and citizenship/passport copies of Partners/Proprietor and authorized account operator.

• Resolution/authorization regarding placement of Fixed Deposit, where applicable.

• Audited financial report and tax clearance certificate of the last fiscal year, where applicable.

• Documents evidencing source of funds, where required.

• Specimen signatures of authorized signatories/account operators.

• Details of the linked Current/Savings Account, where applicable.

• Any other documents if felt necessary and required by the Bank.

Club / NGO / Organization Fixed Deposit Account

• Registration/Certificate of Incorporation and applicable renewal certificates.

• PAN or documents issued by the Government offices for tax purposes.

• Copy of Bidhan/Constitution of the Organization.

• Executive Committee/Board resolution regarding placement of funds in Fixed Deposit and authority for operation/maturity proceeds.

• Recent passport-size photographs and citizenship/passport copies of authorized signatories, CEO and relevant officials.

• Audited financial report and tax clearance certificate of the last fiscal year, where applicable.

• Documents evidencing source of funds, where required.

• Specimen signatures of authorized signatories.

• Details of the linked account, where applicable.

• In case of change of address from the initially registered address, copy of the relevant document.

• Any other documents if felt necessary and required by the Bank.

Co-Operative Fixed Deposit Account

• Certificate of Incorporation/Registration, approval for operation and applicable renewal certificates.

• Bylaws of the Organization.

• PAN or documents issued by the Government offices for tax purposes.

• Resolution regarding placement of funds in Fixed Deposit and delegation of authority.

• Recent passport-size photographs and citizenship/passport copies of Managing Director/CEO and authorized signatories.

• Audited financial report and tax clearance certificate of the last fiscal year.

• Documents evidencing source of funds, where required.

• Specimen signatures of authorized signatories.

• Details of the linked account, where applicable.

• Any other documents if felt necessary and required by the Bank.

Trust / Guthi Fixed Deposit Account

• Certificate of Registration.

• PAN or applicable tax registration documents.

• Trust Deed/Agreement for establishment of the Trust/Guthi.

• Copy of Bidhan/Constitution and certified establishment documents.

• Resolution of the Management Committee/Board regarding placement of funds in Fixed Deposit.

• Personal details and identification documents of Directors, Managing Director/CEO and authorized account operators.

• Recent passport-size photographs and citizenship/passport copies of authorized persons.

• Audited financial report and tax clearance certificate of the last fiscal year, where applicable.

• Documents evidencing source of funds.

• Specimen signatures of authorized signatories.

• In case of change of address from the initially registered address, copy of the relevant document.

• Any other documents if felt necessary and required by the Bank.

Foreign Currency Fixed Deposit Account

• Valid Passport/Citizenship Certificate and other applicable identification documents.

• Recent passport-size photograph.

• Documents evidencing source of foreign currency funds.

• Documents evidencing eligibility to maintain a Foreign Currency Fixed Deposit Account, where applicable.

• NRN Certificate, where applicable.

• Valid visa/residence/work permit, where applicable.

• FATCA/CRS declaration and other applicable regulatory forms.

• Duly completed and signed Foreign Currency Fixed Deposit Application Form.

• Details of the linked FCY account, where applicable.

• Any required approval/recommendation from the concerned authority.

• Any other documents if felt necessary and required by the Bank.

General Requirements for Fixed Deposit Account

• Duly completed and signed Fixed Deposit Account Opening/Application Form.

• Valid KYC documents of the depositor(s) and authorized person(s), where applicable.

• Specimen signatures of authorized signatories.

• Source of funds/source of income documents, where applicable.

• Nominee details and identification documents, where applicable.

• Details of Fixed Deposit amount, tenure, interest payment instruction and maturity instruction.

• Details of the account to which interest/maturity proceeds are to be credited, where applicable.

• Beneficial ownership details and identification documents, where applicable.

• FATCA/CRS declaration, where applicable.

• Any other documents/information as may be deemed necessary and required by the Bank in accordance with applicable laws, regulations, NRB directives and internal policies.