BANKING AFFAIRS

Detailed explanation-1: -In case of losing an FD receipt, you can apply for a duplicate receipt. The bank usually asks for a written application with all the details about the fixed deposit. Also, some banks ask for certain documents to process the duplicate issue of the fixed deposit receipt. The process might vary from bank to bank.

Detailed explanation-2: -INDEMNITY BOND FOR ISSUE OF DUPLICATE FIXED DEPOSIT RECEIPT In consideration of the issuer Company having agreed to issue duplicate Fixed Deposit Receipt (s) for the above referred FD in my/our name, I/we am/are executing a Indemnity Bond in favour of the issuer Company.

Detailed explanation-3: -An indemnity bond for a lost fixed deposit receipt is a legal document that serves as a guarantee for the bankin case the original fixed deposit receipt is lost. It typically includes details about the depositor, deposit amount and maturity date.

Detailed explanation-4: -FDR or a Fixed Deposit Receipt is a document that is given by the bank or the company to the depositor on booking a fixed deposit. Just like a shopkeeper gives a bill (invoice) on buying something from the shop, FDR is also like a bill in which all the important details about the fixed deposit made are mentioned.