Suryoday Bank is one of the 10 companies in India that obtained the ‘Small Finance Bank’ license from the RBI. A new age bank that was launched on 23rd January, 2017, it focuses on bringing the best banking solutions to the urban and rural segments of the country. The financial products offered by the bank cater to the varied needs of customers, while ensuring highly satisfactory customer experience.
Along with the bank’s existing credit products such as Vikas loans, MFI loans, Shopkeeper loans, etc., it offers fixed deposit (FD) at attractive interest rates to current and new customers. The FDs from Suryoday Bank are offered to regular customers and senior citizens as well.
Eligibility - The eligibility criteria to open a regular FD with Suryoday Bank are as follows:
The minimum amount that can be deposited in the FD is Rs.1,000. FDs can also be opened for a minimum tenure of 7 days. It should be noted that PAN is mandatory if the total fixed deposit holding is more than Rs.50,000 per customer.
Features - Key features of the regular fixed deposit from Suryoday Bank are as described below:
Documents required - The documents required to open an FD with Suryoday Bank are one certified copy of any of the following Officially Valid Documents (OVD) as ID proof and one as address proof:
In addition to the above, a recent photograph of the applicant is also needed.
Proprietary firms, trusts, associations, and partnership firms would require additional documents for opening an FD, such as Registration Certificate, Sales Tax Returns, CST/VAT Certificate, etc. The applicant should consult a bank official or visit the bank’s website for the complete list of documents.
Know More About Suryoday Fixed Deposit Rates
Eligibility - The eligibility criteria for senior citizens to open an FD with Suryoday Bank are as follows:
The minimum amount that can be deposited in a senior citizen FD is Rs.1,000. The tenure of the FD should be at least 7 days. It is mandatory to furnish a PAN Card to book an FD if the total holding exceeds Rs.50,000 per customer.
Features - The salient features of the Senior Citizen FD are as follows:
Documents required - The documents required to open a senior citizen FD with Suryoday Bank are one certified copy of any of the following Officially Valid Documents (OVD) as ID proof and one as address proof:
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