Bank of Maharashtra FD KYC

What is Bank of Maharashtra FD KYC?

Bank of Maharashtra (BoM) FD KYC refers to the verification process by which the bank confirms your personal details, such as your Aadhaar number, PAN, mobile number and address, and links them to your FD account. Whether you are opening a new FD or maintaining an existing one, this KYC step helps secure your deposit, ensure compliance with RBI guidelines and enable you to access BoM’s FD interest rates smoothly.

How to Update Bank of Maharashtra FD KYC?

The Bank of Maharashtra FD KYC can be done both online and offline.

1. For New Customers

   Online Process

   Step 1: Visit Bank of Maharashtra’s official website and click the “VCIP / Video KYC” link.

   Step 2: Select your preferred language (English or Hindi) and agree to the terms and conditions.

   Step 3: Ensure you have ready: mobile number linked with Aadhaar, Aadhaar number, PAN card image (up to 5 MB), and your signature image on white paper (up to 100 KB).

   Step 4: Fill the online application with your personal details such as name, address, mobile number and Aadhaar number.

   Step 5: Proceed to schedule a video call with a bank official. During the call, show your original PAN card and verify your identity via video

   Step 6: Upon successful verification, your account is activated and your FD (or other deposit) can be linked with the verified profile.

   Step 7: Fund your FD as per the bank’s process and start earning interest under BoM’s FD interest rates.

   Offline Process

   Step 1: Visit your nearest Bank of Maharashtra branch and request a Fixed Deposit application form along with a KYC update form.

   Step 2: Fill in the form in block letters providing accurate details.

   Step 3: Attach self‑attested copies of your identity and address proof (PAN, Aadhaar, Voter ID etc.).

   Step 4: Submit your original documents for verification by the bank official.

   Step 5: The branch updates your KYC in the system and links it with your FD account.

   Step 6: Once KYC is approved, your FD is activated and you continue to earn per Bank of Maharashtra FD interest rates.

   Step 7: Retain the acknowledgement/receipt for your records.

2. For Existing Customers (Re‑KYC)

   Online Process

   Step 1: Log in to your BoM internet banking or mobile banking portal (or go to the VCIP page).

   Step 2: Choose the option “Re‑KYC / Update KYC”

   Step 3: Confirm your pre‑filled details (name, address, contact number) and identify if there are any changes.

   Step 4: If your mobile is linked with Aadhaar and no details have changed, you may simply confirm via OTP. If details changed, upload updated identity/address proof.

   Step 5: Ensure your Aadhaar linked mobile number is active for OTP authentication and verification.

   Step 6: Submit the form and you’ll receive a reference or acknowledgement.

   Step 7: Your FD, renewal, maturity payment and other linked services continue seamlessly once KYC is accepted.

   Offline Process

   Step 1: Visit your BoM home branch and obtain the Customer Information Updation / Re‑KYC form.

   Step 2: Fill out the form, attach self‑attested copies of changed documents (if any) such as PAN or address proof.

   Step 3: Submit the form along with originals for branch official verification.

   Step 4: For no change scenario, submit a self‑declaration form.

   Step 5: The branch updates KYC in the system and sends you a confirmation (SMS/email).

   Step 6: Your FD account remains active, you continue to enjoy benefits and Bank of Maharashtra FD interest rates apply without disruption.

   Step 7: Keep the acknowledgement till you receive confirmation in your banking profile.

Eligibility for Bank of Maharashtra FD KYC

The eligibility criteria for Bank of Maharashtra FD KYC are:

• Resident individuals
• Hindu Undivided Families (HUFs)
• Sole proprietorships and partnership firms
• Limited companies
• Trusts, societies and associations
• Non‑Resident Indians (NRIs)

Documents Required for Bank of Maharashtra FD KYC

The documents required for Bank of Maharashtra FD KYC are:

1. For New Customers

   • Proof of Identity: Aadhaar card, PAN card (original required for video KYC)
   • Proof of Address: Aadhaar, Passport, Driving Licence, recent utility bill
   • Recent passport‑size photograph
   • Signature on white paper (for video KYC)
   • Digital image of original PAN card

2. For Existing Customers (Re‑KYC)

   • Mobile number linked with Aadhaar for OTP verification
   • Updated identity proof or address proof if any details have changed
   • Self‑declaration if no change in existing details

Benefits of Bank of Maharashtra FD KYC

The benefits offered by the Bank of Maharashtra FD KYC are:

• Digital Onboarding & Faster FD Setup: Enables access to video KYC, speeding up FD account opening and renewal.
• Fraud Protection: Links your verified identity to your FD account for enhanced security.
• Seamless Access to FD Interest Rates: The process guarantees uninterrupted access to FD interest rates and renewal offers.
• Regulatory Adherence: Keeps your FD account active and fully compliant with RBI guidelines.
• Simplified FD Account Management: Makes online updates, maturity handling, and renewals easier.

Conclusion

Completing your Bank of Maharashtra FD KYC is a crucial step to ensure your Fixed Deposit is properly recognised, verified and linked to your verified profile. With the option of video‑based KYC (VKYC) and branch‑based submissions, you can choose the path most convenient to you. Keeping your KYC up to date not only fulfils regulatory norms but also secures your investment and helps you make full use of Bank of Maharashtra FD interest rates.