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Boc Fixed Deposit

4/3/2022
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For a call deposit, maturity refers to the expiry of your notice of the agreed period to BOCHK. BOCHK may permit an early uplift subject to payment of BOCHK losses, expenses and charges (in the amounts determined by BOCHK). No interest will be payable on the deposit. Please open an Individual / Joint Term Deposit as per details p rovided below. TYPE OF ACCOUNT Fixed Deposit 7-Day Call Deposit FCY (Specify Currency). PERSONAL INFORMATION. Fixed Deposit Place your money for a fixed period of time and enjoy the certainty of knowing exactly how much interest you are going to earn. Deposits can be fixed for 3,6 or 12 months Can be renewed.

Bank Of Ceylon offers Fixed Deposit (FD) products of multiple tenures at competitive interest rates and with many other benefits like loan or overdraft facility against Fixed Deposit. It is very easy to open a Fixed Deposit Account in Bank Of Ceylon

Eligibility Criteria for opening Fixed Deposit Account in Bank Of Ceylon

Boc Fixed Deposit

Any individual, Minor, HUF, proprietary/ partnership firm, LLP, company, AOP, body of individuals (BOI), local authority, trust, NRI and registered society can invest in fixed deposits (FD).

Documents required for opening Fixed Deposit Account in Bank Of Ceylon

Following Documents are required for opening a Fixed Deposit Account

CategoryDocuments Required
Individual, HUF, Proprietor
  • PAN and KYC documents
  • Passport size photograph
  • Deed of declaration of HUF
Partnership Firm
  • PAN and KYC documents
  • Partnership Deed
  • Letter from partners to open and operate the account
  • Passport size photographs of all partners
Trust
  • PAN and KYC documents
  • Copy of the Trust Deed
  • Copy of the Registration Certificate
  • Copy of the Resolution of the Trustees
  • Authorizing the members concerned to open and operate the account
  • Photographs of the members operating the account
Associations, Clubs
  • PAN and KYC documents
  • By-Laws of the Association
  • Board Resolution to open and operate the account
  • Passport size photographs
Company
  • PAN and KYC documents
  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Board Resolution to open and operate the account
  • ID proofs of authorised signatories
  • Passport size photographs of directors

How to open Fixed Deposit Account in Bank Of Ceylon?

In order to open a Fixed Deposit Account in Bank Of Ceylon, you need to follow below mentioned steps:

(1) Personally Visit the Bank Of Ceylon Branch

Boc Fixed Deposit Rates

You need to visit the Bank Of Ceylon branch in which you want to open your FD account.

Fixed(2) Fill up Fixed Deposit Account Opening Form (FD-AOF)

Obtain the Fixed Deposit Account Opening Form and fill up all the necessary details of the customer's information and other details in the different sections given in the prescribed form like name, address, contact number, email id, PAN, type of account to be opened, nominee's name, etc.

RateFixed(3) Fill up Fixed Deposit Tenure

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You need to mention FD tenure/ period/ or Term which ranges from 7 days to 10 years.

Fixed(4) Attach Cheque for Fixed Deposit

You need to attach a cheque worth of that amount you wish to deposit for FD. Alternatively, you can also transfer that amount through net banking.

(5) Attach Required (Mandatory) Documents with the Account Opening Form (AOF)

After completing filling up the account opening form, you need to attach KYC documents like PAN, Proof of Address & Proof of Identity.

Some banks make it mandatory to provide Permanent address and telephone number.

(6) Verification of Account Opening Form (AOF) & Other Documents by the Banker

Banker will verify Account Opening Form (AOF) and other attached documents. If he is satisfied with these requirements, he will proceed further.

(7) Obtain acknowledgement slip of FD Account Opening Form from Bank Of Ceylon

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Once your documents are successfully verified, the banker will give you acknowledgement slip of FD Account Opening Form.

Important Points regarding Opening Fixed Deposit Account in Bank Of Ceylon

  • Research and select the bank paying maximum rate of interest on Fixed Deposit for the FD tenure you require.
  • Different Banks offer different rate of interest under Fixed Deposit Account.
  • Select a nearby bank branch.
  • Fill the account opening form in CAPITAL LETTERS using black ink.
  • Countersign in case of any overwriting while filling up the account opening form.
  • You must avail the nomination facility.
  • Don't forget to take the original KYC documents with you for verification purpose.
  • If your mailing address and permanent address are different, provide address proof documents for both.

Open FD Account in other Banks