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Home / Frequently Asked Questions |
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| Frequently Asked Questions
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IDBI
Suvidha Fixed Deposit
Scheme
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- What
are the interest rates
under your fixed deposit
scheme?
Please
click here
-
What is the procedure
for effecting change
of address in ISFD?
The
investor/depositor
would need to write
advising the change
in address. In this
communication he has
to specifically mention
the FDR No. and all
the depositors needs
to sign the communication
- Applicability
of TDS on interest under
ISFD
In case the investor
does not want the
TDS to be applicable,
they would require
to give declaration
in Form 15H (for individuals,
HUF and Trusts) or
Form 15AA certificate
from ITO (for Other
than Individual, HUF
and Trusts) as the
case may be for non
deduction of tax at
source or for deduction
of tax at source at
a lower rate.
- What
is the procedure for
deletion/addition of
names
The
same would depend on
the situation:Deletion
in case of Death and
addition of name thereof
-
Advise
in writing alongwith
the attested death
certificate of
the deceased.
The communication
should be signed
by all other depositors.
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Provide
the name and address
of the depositor
whose name has
to be added along
with his/her signatures
duly attested.
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The changes would
be recorded in
the data and on
the face of FD,
duly authorised
and returned
Deletion/Addition
without any specific
reason
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Advice
the issuer in
writing and the
application for
such change to
be signed by all
the depositor
including the
person whose name
was earlier appearing
and proposed to
be deleted.
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Also
provide the name,
address and signatures
of the depositor
whose name is
proposed to be
added.
Addition of name
as there is scope for
addition and initially
the same was not done
- Advice
the issuer in writing
and the application
for such change
to be signed by
all the existing
depositor alongwith
the name, address
and signatures of
the depositor whose
name is proposed
to be added.
- What
are the credit ratings
for your ISFD scheme
send?
'FAAA'
by CRISIL
'Ind AAA' by FITCH
'AAA' by CARE
and 'FAA+' by ICRA
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