Account Opening Documents for Recurring Deposit Account

Recurring Deposit Account

Citizenship Certificate / National Identity Card / Passport / 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.
Documents evidencing source of income/source of funds, where applicable.
Duly completed and signed Recurring Deposit Account Opening Form.
Details of the linked Savings/Current Account from which the recurring deposit installment will be transferred, where applicable.
Specimen signature of the account holder.
Nominee details and identification documents, where applicable.
Details of the recurring deposit amount, installment frequency and tenure.
FATCA/CRS declaration and other applicable regulatory forms, where applicable.
Any other documents if felt necessary and required by the Bank.

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.
Documents evidencing source of income/source of funds, where applicable.
Duly completed and signed Recurring Deposit Account Opening Form by all joint account holders.
Specimen signatures of all joint account holders.
Clear instruction regarding operation of the account and maturity proceeds.
Details of the linked Savings/Current Account for recurring installment payments.
Nominee details and identification documents, where applicable.
Any other documents if felt necessary and required by the Bank.

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.
Address verification documents of the parent/legal guardian.
Source of funds documents of the parent/legal guardian, where applicable.
Duly completed and signed Recurring Deposit Account Opening Form by the parent/legal guardian.
Details of the linked Savings/Current Account for recurring installment payments.
Nominee details, where applicable.
Any other documents if felt necessary and required by the Bank.

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 and operation of the Recurring Deposit Account and delegation of authority.
Recent passport-size photographs and citizenship/passport copies of Directors, Managing Director/CEO and authorized signatories.
Beneficial ownership details and identification documents, 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 for installment payments.
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.

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 opening and operation of the Recurring Deposit Account, 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 for installment payments.
Any other documents if felt necessary and required by the Bank.

Registration Certificate 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 opening and operation of the Recurring Deposit Account and delegation of authority.
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.
Specimen signatures of authorized signatories.
Details of the linked account for recurring installment payments.
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.

Certificate of Registration/Incorporation, approval for operation and applicable renewal certificates.
Bylaws of the Organization.
PAN or documents issued by the Government offices for tax purposes.
Resolution regarding opening and operation of the Recurring Deposit Account 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.
Specimen signatures of authorized signatories.
Details of the linked account for recurring installment payments.
Any other documents if felt necessary and required by the Bank.

Duly completed and signed Recurring Deposit Account Opening Form.
Valid KYC documents of the customer and authorized person(s), where applicable.
Specimen signatures of account holder(s)/authorized signatories.
Documents establishing source of funds/source of income, where applicable.
Details of recurring installment amount, frequency and deposit tenure.
Details of the linked Savings/Current Account for automatic installment transfer, where applicable.
Nominee details and identification documents, where applicable.
Beneficial ownership details and identification documents, where applicable.
FATCA/CRS declaration, where applicable.
Clear instruction regarding maturity proceeds and linked account.
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.