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Account Closure Form Date: To, DBS Bank India Limited ___ Branch I/We authorise you to close the account(s) and cancel standing instructions /ECS/NECS (if any)/FD repayment/Investments POA linked

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What is account closure fixed deposit?

Account closure fixed deposit is a financial instrument where a certain amount of money is deposited in a fixed account upon closing a bank account.

Who is required to file account closure fixed deposit?

Individuals or businesses closing a bank account may be required to file account closure fixed deposit.

How to fill out account closure fixed deposit?

To fill out account closure fixed deposit, one must provide information about the bank account being closed, the amount of money being deposited, and other required details.

What is the purpose of account closure fixed deposit?

The purpose of account closure fixed deposit is to ensure that funds are securely held in a fixed account after closing a bank account.

What information must be reported on account closure fixed deposit?

Information such as account details, deposit amount, and account holder information must be reported on account closure fixed deposit form.

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