Opening a Fixed Deposit (FD) with Lakhimpur Urban Co-operative Bank Ltd. offers members the convenience of choosing from a wide range of tenures to suit their financial goals. We provide short-term FDs for periods such as 3 months, 6 months, and 9 months, as well as long-term deposits, ensuring safe and steady returns. Our attractive FD interest rates vary based on tenure, allowing members to maximize the growth of their savings. Tax Deducted at Source (TDS) As per Income Tax rules, TDS is applicable on the interest earned from Fixed Deposits. TDS will be deducted if the interest income exceeds the prescribed limit or if PAN is not provided. Customers may submit Form 15G/15H (where applicable) to avoid TDS deduction, subject to eligibility. KYC Requirements for Opening a Fixed Deposit To open an FD account, customers are required to complete the mandatory KYC (Know Your Customer) formalities, which include: Valid Identity Proof (Aadhaar Card / Voter ID / Passport / Driving Licence) Valid Address Proof PAN Card (mandatory) or Form 60 Recent passport-size photograph Existing account details (if already a member) Any additional documents as per regulatory guidelines These KYC steps ensure a secure, transparent, and compliant fixed deposit onboarding process.