FOR BANK USE ONLY
A/C No. CUSTOMER ID NO.
Promo Code :
Branch code where FD is to be opened
Product Code :
LC CODE : LG CODE :
MIS CODE :
CPU
ONLY
USE
P B SIGNATURE
VALUE DATE
(Lien/Special deposit)
APPROVED BY (BM)
FUNDS PARKED
2 9 9 0 0 0 0
SOURCING
BR CODE
DATE
C314/V15.0/ /13.09.2011 P0330
In terms of Reserve Bank of India Directives, interest will be calculated at quarterly intervals on Term Deposits and paid
at the rate decided by the bank depending upon the period of deposits. In case of Monthly Deposit Scheme, the interest
will be calculated for the quarter and paid monthly at discounted value.
In case of premature withdrawal of the fixed deposit based on depositors instructions or the instructions of all the joint
depositors in the case of joint deposit, the bank has the right to recover interest already paid or the penalty, if any, from
the proceeds of the fixed deposit in accordance with prevailing regulations of the bank and the Reserve Bank of India.
The Deposits of the bank are insured with DICGC and in case of liquidation of the bank, DICGC is liable to pay each depositor
through the liquidator, the amount of his deposit upto Rupees one lakh within two months from the date of claim list from the
liquidator.
In case of any complaint relating to features of any of the products, the Grievance Redressal Cell within the bank can be
HDFC Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap
and a non-leap year, the interest is calculated based on the number of days i.e., 366 days in a leap year & 365 days in a
non leap year.
The Fixed Deposit advice will be dispatched to your recorded mailing address within 7-8 working days of account opening.
Penalty of 1% pa will be levied on premature closure of Fixed Deposits ( including sweep-in/partial closures).
Account Opening Rules:
DATE
DVU
FCU
Nomination
Funds Parked Branch Code
Nomination under Section 45 ZA of the Banking Regulation Act 1949 and Rule 2(1) of the Banking Companies (Nomination) Rule 1985 in
respect of Bank deposits I/We.
Name
Address
nominate the following person to whom in the event of my/our/minors death the amount of deposit in the account, particulars whereof are
given below, may be returned by HDFC Bank Ltd., (Name of branch where account is held)
Deposit
Na ure of Depositt
Account No.
Relationship with
Depositor,if any
Age
Date of Birth of Nominee
Personal Details of Your Nominee
*As the nominee is a minor on this date, I/We appoint
Name
Age
Personal Details of Your Witnesses Thumb impression shall be attested by 2 Witnesses *
**Signature(s) /
***Thumb impression(s) of Depositor(s)
For Bank use only
Nomination serial no.
Flat No. &
Company Name
Bldg. /
Name
Address
to receive the amount of the deposit in the Account on behalf of the nominee in the event of my/our/minors death during the
minority of the nominee.
Name 1)
Address
Signature
Place :
Date :
Name 2)
Address
Signature
Place :
Date :
**Signature(s) /
***Thumb impression(s) of Depositor(s)
**Signature(s) /
***Thumb impression(s) of Depositor(s)
AML already updated
Tax Deduction at Source
TDS rates will be as applicable from time to time as per the Income Tax Act, 1961 and Income Tax rules. The current rates
applicable for TDS would be displayed by the Bank on its website. Currently, TDS is deducted when interest payable or
reinvested per customer, per branch,exceeds Rs. 10,000/- in a Financial Year
No deductions of tax shall be made for taxable interest in the case of an individual resident in India, if such individual furnishes to
the Bank, a declaration in writing in the prescribed Form (Form 15G / Form 15 H as applicable) to the effect that the tax on his
estimated total income for the year in which such interest income is to be included in computing his total income will be Nil
Form No. 15G / 15H to be submitted in Duplicate. A fresh Form No. 15G / 15H to be submitted in each new financial year
The bank shall not be liable for any consequences or loss arising due to delay or non submission of form 15G/form15H. To
enable us to serve you better kindly submit the form 15G/15H within the first week of the new financial year
As per Section 139A(5A) of the Income Tax Act, every person receiving any sum of income or amount from which tax has been
deducted under the provisions of the Income Tax Act shall provide his PAN number to the person responsible for deducting such tax.
In case the PAN number is not provided, the bank shall not be liable for the non availment of the credit of tax deducted at Source.
As per section 206AA introduced by Finance (No. 2) Act, 2009 wef 01.04.2010, every person who receives income
on which TDS is deductible shall furnish his PAN, failing which TDS shall be deducted at the rate of 20% in case of
Domestic deposits " Please further note that in the absence of PAN, Form 15G/H and other exemption certificates
will be invalid even if submitted & penal TDS will be applicable.
Note:- The above is subject to change as per directives of Finance Ministry Govt. of India.