How to Open FD Online

To open FD online will save one your time to go to bank and spend time in the line and second side wasting of papers. You can open fixed deposit any time if you have your internet banking and agree the terms and conditions of bank in which you have to open your FD online.

Following are the steps which will be useful for opening FD online in any bank like SBI, HDFC, ICICI, CITI Bank or any other bank.

 1. To Open Your Online Bank Account with User ID and Password 

When you open the bank account in any bank, you should demand the internet bank facility. Bank will issue the user id and password. Just search your bank on by writing the keyword "your bank name internet banking" in the Google and you will get first search in the form of the official site of your bank or you can just write your bank name and in the bank's website, you can find the option of internet banking. When you will go to internet banking option, you will see the blank boxes of user id and then password or login password. Fill it and you will reach your online bank account.

 2. To Agree the Terms and Conditions For e-FD

In your online bank accounting, try to find the e-FD or e-FDR or FD online. After finding it, you will see the terms and conditions for FD, and below this, you will see the button of agree, by clicking this, you have to accept it. Following are the main terms and conditions for opening FD online.

 3. To Fill the Form 

After accepting bank's term and conditions, you will see a small form in which you will find different plans of fixed deposits. By filling the form, you have to choose best options. After this, you have to click open the FD. Now, you FD online is ready. When you will choose the option of all accounts, you will see term deposit or fixed deposit separately from your saving account. We are giving the sample online form which you have to fill for opening e-fd.

Related : Banking Terms 


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Accounting Education: How to Open FD Online
How to Open FD Online
Accounting Education
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