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How to Open North East Small Finance Bank Fixed Deposit Account

Updated 06 Sep 2023

Investing in a Fixed Deposit (FD) is one of the safest ways to see your money grow. With its consistent returns and robust security, FDs are the preferred choice for many. North East Small Finance Bank, a renowned name in the banking sector, provides various attractive FD options for investors.


This blog will guide you through opening an FD account with the bank, including the eligibility criteria, required documents, and frequently asked questions.

How to Open an FD account in North East Small Finance Bank

  • Personally visit the nearest bank branch.
  • Fill out the required FD form.
  • Provide details such as deposit amount, tenure, etc.
  • Attach the required documents such as PAN, photographs, etc.
  • Payment can be made through cheque, DD, or online banking.
  • The banker will verify the details and proceed further.
  • Obtain the acknowledgement slip of the FD account.

Eligibility Criteria

  • Any individual
  • Minor
  • Hindu Undivided Family (HUF)
  • Partnership firms
  • Proprietorships
  • LLP
  • Company
  • Associations, trusts, societies, and clubs
  • NRIs

Documents Required

Identity Proofs

  • PAN for all entities.
  • ID proofs of authorised signatories for companies.
  • Passport-size photographs of directors, partners, members, or individuals.

Address Proofs

  • KYC for all entities.
  • Certificate of incorporation for companies.
  • Declaration deed for Individuals, HUF, and Proprietorships.
  • Memorandum of Association for companies.
  • Letter from partners to open and operate the account for partnership firms.
  • Board Resolution to open and operate the account for associations and clubs.
  • Trust deed copy and copy of the certificate of registration for trusts.


What is the highest interest rate on North East Small Finance Bank’s FD?

The highest interest rate for regular citizens is 8% for 1111 days of maturity. And for senior citizens, it is 8.75%.

Is the ₹5 lakhs DICGC insurance cover applicable on North East Small Finance Bank FD?

Yes, the ₹5 lakhs DICGC insurance cover applies.

How to deposit the FD amount?

FD amount can be deposited via cheques, DD, credit/debit cards, internet banking, etc.

Does the bank's staff get an additional interest rate on the FDs?

Yes, the bank's staff gets an additional interest rate.


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