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The documents in support of the conditions of establishing the identity and the address of the investor need to be submitted only once. In case of an existing account holder of the bank this need not be given for any deposit, however, for others it needs to be given once and then this will be applicable for future deposits made with the bank or financial institution. Most of the entities will complete the necessary guidelines and issue a special number that will distinguish the investor so that he/she does not have to keep repeating the process every time that he/she makes an investment.
Published on May 6, 2010 · Filed under: Fixed Deposit FAQs; Tagged as: Fixed deposit advantages, Fixed Deposits, Fixed deposits guide, Fixed Deposits tips
Do all the documents have to be submitted repeatedly for additional deposits?
May 6th, 2010 by rupeetalk.com





