Name on FD Slip VS Name in A/c


This query is : Resolved 

(Querist)
19 February 2009
If on Fixed deposit slip i have mentioned Jaspal Singh Mehndiratta

And my bank account is in the name of Jaspal Singh

Legally can FD be issued ?
Under what name ?
Any RBI annexure/guideline supporting your reply.

JS
(MBA + 2nd. yr. LLB )

19 February 2009 Fixed deposit will be issued in the name of Mr.Jaspal Singh since the bank account is in that name.
If the Fixed Deposit is to be issued in the name of Mr. Jaspal Singh Mehndiratta, as per RBI's Know Your Customer Norms, identity and address proof in that name is to be given to the concerned bank.


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



Answer Query



Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details