Fixed depoisted & ppf account

This query is : Resolved 

30 May 2012 A wanna know about Can any person open a fixed deposit(F.D) account without having saving a/c.
can open PPF a/c any SBI . bank branch refused to open PPF say it will be open only main SBI branch.

30 May 2012 1. yes FD can be done without saving a/c
2. PPF can be opened at designated branches only

30 May 2012 1. Banks now insist that the customer should have a bank account with the bank if he wants to open a FDR.

The banks do not open FDR in cash. It has to be through a bank account onlt.

2. PPF account is opened only with the main branch of SBI.

30 May 2012 if u go with Bank Of Baroda, or SBI, DenaBank than they can open FD without Savings account. Mostly the public banks will do that...not sure abt ABN, ICICI..


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details