Skip to content
active

What are the modes through which a customer can book a Fixed Deposit?

The common modes through which a customer can book a fixed deposit (FD) in India are:

  1. Offline process: The traditional method involves visiting your bank branch in person, filling out the FD application form, and submitting it along with necessary identification documents.
  2. Net banking: Most banks offer the facility to open FDs through their internet banking portals. You can log in to your account, select the FD option, choose the amount and tenure, and complete the process online.
  3. Mobile banking apps: Nearly all banks now provide the option to book FDs directly through their mobile applications. This allows you to open deposits anytime and anywhere using your smartphone.
  4. Website applications: Financial institutions also allow prospects and existing customers to begin the FD booking process by applying online through official website application forms.
  5. Phone banking: Many banks offer the option to book FDs by calling their customer service or phone banking numbers, though this typically requires prior registration for phone banking services.