Documents Required to Open a New Post Office Public Provident Fund Account

If you do not have an existing banking relationship, then you will have to present the documents listed below along with your application form to open an Post Office Public Provident Fund Account.

- 1 Passport size Photograph of each joint applicant

- PAN Card or Form No. 60/61 for those who do not have a PAN card as per IT rules

- Cash / self-drawn Cheque for fixed deposit amount.

- Nomination Form (if a nomination is to be made)

- Form No. 15G or 15H (for people over 65) if you are eligible for no Tax Deduction at Source (TDS) to be made by the bank on your fixed deposit interest income.

- Identity Verification : Passport, Driving License, Letter from the Employer (Reputed Firms / Pvt / Ltd Co.), PAN Card, Voter ID Card, Pass Book with attested photograph, Photo Ration Card, or Letter from recognised public authority.

- Address Verification : Passport, Driving License, Letter from the Employer (Reputed Firms / Pvt / Ltd Co.) Voters ID Card, Pass Book with attested photograph, Photo Ration Card, Ration Card, Pass Book / Bank Statement – Not more than 3 months old, Credit Card Statement – Not more than 3 months old, Electricity / Telephone Bill – Not more than 3 months old, Latest House Tax Receipt from Municipal Office, LIC Policy OR Latest Premium Notice, IT Assessment Order or Acknowledgement copy of IT Return with PAN, Lease Agreement or Purchase Agreement – Subject to conditions, Cooking Gas Consumer Book / Vehicle Registration Certificate.

- Signature Verification : Passport, Driving License,PAN Card,Photo Credit / Debit Card with signature, BSF/Defense/Govt./Public Sector/Reputed MNCs / Public Ltd Co – ID Card,Self Cheque of another bank.

- Age Verification for senior citizens : Senior School Leaving Certificate indicating date of birth, LIC policy, Voters Identity Card, Pension Payment Order, Birth Certificate issued by the competent authority, Passport.


SBI CAR LOAN

Sbi offers car loans at excellent interest rates and gives advantages and flexibilty.

Advantages

- No Advance EMI;
- Longest repayment tenure (7 years);
- Lowest interest rates ( there are further concessions for Corporate Salary Package accounts) ;
- Lowest EMI; Read the rest of this entry »

Allahabad bank has updated its interest rates on Friday on 18th Feb 2011. I think the interest rates have come a bit late and low, compared to other banks. The rates could have been higher considering the competition in the market. But, who can predict or rather understand their move of keeping such low interest rates.

For updated Allahabad Bank interest rates click here


KBL APNA GHAR (Home Loan)

ELIGIBILITY

a) Individuals who are residents of India.

b) Salaried persons aged 21 years and above. They should be in confirmed service in the present employment and must have total regular employment for a minimum period of 3 years and a minimum gross monthly salary of Rs. 6000/-.
Read the rest of this entry »


SBI FIXED DEPOSIT OR TERM DEPOSIT INTEREST RATES ACCORDING TO 3 August, 2011

7 days to 14 days – 7.00%
15 days to 45 days – 7.00%
46 days to 90 days – 7.00%
91 days to 179 days – 7.25%
180 days to 240 days – 6.50%
241 days to less than 1 year – 7.75%
1 year to less than 2 years – 9.25%
2 years to 999 days – 9.25%
1000 days – 9.25%
1001 days to less than 3 years – 9.25%
3 year to less than 5 years – 9.25%
5 years to less than 8 years – 9.25%
8 years and up to 10 years – 9.25%

- There is no premium for senior citizen for investment above 15 lakhs.

The below interest rates are for deposits above 1 Crore

7 days to 14 days – 7.50
15 days to 30 days – 7.50
31 days to 45days – 7.50
46 days to 90 days – 7.50
91 days to 179 days – 8.00
180 days to 240 days – 8.00
241 days to 270 days – 8.00
271 days to less than 1 year – 8.25
1 year to less than 2 years – 9.00
2 years and above – 8.75

HDFC TERM FIXED DEPOSIT INTEREST RATES

7 – 14 days – 3.50%
15 – 29 days – 4.00%
30 – 45 days – 5.00%
46 – 60 days – 6.25%
61 – 90 days – 6.50% Read the rest of this entry »