Fixed deposit schemes are beneficial for risk-averse investors, allowing them to achieve their financial goals with competitive FD rates. In case you are interested in FD schemes, you need to learn how to fill in and submit your Canara Bank FD form, understand eligibility and document requirements for opening your FD account.
What Is the Canara Bank FD Form?
The Canara Bank FD application form is one of the necessary documents required to open an FD account with the bank. To access this form, you need to visit your nearest branch and consult a bank representative. This form will include all the details needed to open a fixed deposit account including your particulars, tenure and investment amount.
How to Download the Canara Bank FD Form pdf?
You can download a Canara Bank fixed deposit form by following the steps given below.
- Step 1: Visit the Canara Bank’s official website.
- Step 2: Search for ‘Books and Forms’ in the search bar on the top.
- Step 3: Click on ‘View’. The following page will display the list of various types of FD accounts.
- Step 4: Choose a specific type of FD account form you want to access.
- Step 5: Download or print your Canara Bank FD form PDF.
Canara Bank FD Form for New Customers
To successfully fill out the Canara Bank FD form and start your investment, take note of the following details that you need to provide.
- Enter the required details such as your branch and date in the first section.
- Choose from the type of account you prefer among the given options.
- Mention the type of operation you hold and in what capacity (Sole, Either or Survivor).
- Enter your personal details as asked, such as your name, date of birth, sex, guardian (in case of a minor account)/family members and relation).
- Specify your address details as asked in the Canara Bank FD application form.
- Mention your occupational and income details along with the documents as asked.
- Complete the tax declaration.
- Enter the details of the remittance.
- Read all the instructions and declarations properly before signing the form.
- Choose if you want a debit card.
- Attach your photograph and signature and complete the verification.
- Mention your nomination details in the ‘Annexure’ section.
- Provide your signatures in all the required boxes.
After filling in the above details in your FD form of Canara Bank and submitting it to a bank representative, your FD account will be created immediately.
How to Fill the Canara Bank FD Form?
Canara Bank offers flexibility to all individuals when it comes to Canara Bank FD form filling. This can be done either using the mobile/net banking portal or visiting your nearest Canara Bank branch.
Whether you choose the online method or the traditional branch visit, you must ensure that you accurately input the required details while filling out your Canara Bank FD form. By entering accurate details, you will contribute to a seamless opening of your fixed deposit account with Canara Bank.
How to Book FD with the Canara Bank FD Form?
Here is a step-by-step guide on how to book FD with the Canara Bank FD form.
- Step 1: Visit your nearest Canara Bank branch to book your fixed deposit account.
- Step 2: Enter the required details in your Canara Bank FD application form.
- Step 3: Provide the required documents including your identity and address proof.
- Step 4: Complete the payment.
After completing this process, Canara Bank will create your FD account.
Documents Required with FD Form to Open a Canara Bank FD Account
You must present the following documents with your Canara Bank FD account opening form to open a fixed deposit account with the bank.
- Proof of Identity (PAN Card, Driving Licence, Passport, Voter ID Card, Government ID Card)
- Proof of Address (Telephone Bill, Passport, Bank Statement with a Cheque, Electricity Bill)
Canara Bank FD Closure Form
To close your Canara Bank FD account, you need to visit your nearest branch and provide your Canara Bank fixed deposit receipt/certificate. You may also need to submit a Canara Bank FD Closure form along with your signature to initiate the closure process. In case your FD account is jointly held, you will be asked to provide the signatures of all the deposit account holders. Upon closure, the maturity proceeds will be delivered to your linked bank account automatically.
Final Word
With the diverse range of FD schemes at Canara Bank, you can invest your hard-earned money to avail the accumulated funds at competitive interest rates. Hopefully, now you have a clear idea of how to fill in the Canara Bank FD form. However, before obtaining the form, make sure to check the terms and conditions associated with the FD account to make an informed decision.
FAQs
The minimum tenure of a Canara Bank FD is 7 to 14 days, applicable for a single deposit of ₹5 lakhs and above. The maximum period of Canara Bank FD is 120 months or 10 years.
Yes, you need to have an existing account with Canara Bank to open an FD online as you need to log in to your net or mobile banking.
The mandatory documents required along with the FD form of Canara Bank include PAN Card, contact information as well as an Aadhaar Card to open your fixed deposit account.
Canara Bank provides its customers with the flexibility to initiate fixed deposits with a minimum deposit amount as low as ₹1,000.
Upon premature withdrawal of your FD investment amounting to less than ₹2 crores from Canara Bank, the bank will levy a penalty of 1% on the interest rate.
You cannot change the tenure of an ongoing FD account. In case you want to change your tenure, you need to reopen your FD account by filling out a new Canara Bank FD form.
Disclaimer
This article is solely for educational purposes. Stable Money doesn't take any responsibility for the information or claims made in the blog.
