Name on FD Slip VS Name in A/c

This query is : Resolved 

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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details