Future Group Fixed Deposit is a program under which Future Enterprises Limited (FEL), the flagship group company of Future Group, is raising Public Deposits under section 73 (2) (a) and Section 76 of Companies Act 1956.
Future Group Fixed Deposit or Future Group FD is a program under which Future Enterprises Limited (FEL), the flagship group company of Future Group, is raising Public Deposits under section 73(2)(a) and Section 76 of Companies Act 1956.
- Our association with Future Group helped convert customers’ purchases from any Future Group store into easy EMIs, in real-time, making their shopping experience pocket-friendly and convenient. This facility is available to customers on a minimum invoice amount of Rs. 5,000 stretching up to a maximum of Rs. 1.25 lakh, payable with easy EMIs.
- The sum insured in case of company,s fixed deposit is only 20000 rs. So now the condition in which future group is in at present, where its rising debts, falling share prices and a break on their high margin business amid this lockdown has made things all the more grim for its.
What are the benefits available under Future Group Fixed Deposit?
The Fixed Deposit scheme offers an Interest rate of ‘up to 10.10%’ on your deposits with an additional 0.25% Interest if you are either a Future Pay Member, a Big Bazaar Profit Club Member, Company Shareholder or a Senior Citizen.
What are the schemes available under Fixed Deposits?
Below is the interest table of Future Group Fixed Deposit on various terms:
How to Apply for Future Group Fixed Deposit?
The Future Group FD can be opened or applied online as well as by directly walking into the nearest Big Bazaar, FBB, Central, or Brand Factory Stores. To know the process of opening future group fixed deposits in detail, refer to the below steps.
Apply Future Group FD Online
To apply for a Future group fixed deposit scheme online, visit the official Future Group Fixed Deposit Portal https://fgfinancialservices.in
Click on the invest button appearing on the portal of Future Group
Fill up the form like your name, mobile number, email address, an amount which you want to deposit in the scheme, select scheme, and tenure.
Once filling up the details requested, just pay the amount which you have selected to invest online using Net Banking, Debit Card or UPI.
Once successful payment, you will need to complete your KYC by uploading your identity proof, address proof documents and PAN Card.
That’s it, you have successfully booked a future group FD online. The receipt of the FD will be sent to your registered email address.
Apply the Future group Fixed Deposit Scheme at Store
If you prefer opening a big bazaar future group fixed deposit offline instead of applying online then you can apply future group FD at the store.
To Open Future Group Fixed Deposit Offline you can visit the nearest Future Group Stores like Big Bazaar, FBB, Central, or Brand Factory.
Fill in the Application Form and submit it by enclosing your identity proof, address proof documents and PAN Card to complete the KYC.
You will need to make payment via Cash, Cheque or Debit Card to open the Fixed Deposit.
Once your FD is booked you will be provided with Fixed Deposit Certificate which you will need to keep safe with you.
And once your FD matures you will need to furnish this receipt to Future Group to withdraw matured funds.
Alternatively, you can give a miss call on 022-50806444 And you will be guided with further instructions, on how to book a fixed deposit with Future Group.
Future Group Fixed Deposit Scheme Forms
If you are applying Future Group Fixed Deposit Offline then you will need to fill up the physical forms like application form, and nomination form. This form can be obtained from the stores free of cost, but you can also download it online, and below we have arranged the links of the form from where you can download it.
FAQ on Future Group FD
Fixed Deposit Calculator
Who can invest in Future Group FD (Fixed Deposit)?
Any Resident Individual, Company, Partnership Firm, HUF, Trust or Foundation can apply.
Why should I Invest in Future Group Fixed Deposit?
The FD offered under the scheme brings you high returns with high safety. With Interest rate of ‘upto 10.10% p.a.(for 3 yrs. cumulative scheme) and CARE rating of AA- (FD) Outlook Stable, our Fixed Deposit ensures you safe and best returns on your money which is superior to other fixed returns investment options.
How and where I Can Apply for Future Group Fixed Deposit?
The applicant can approach the nearest designated Future Group outlets such as Big Bazaar, fbb, Central, Brand Factory wherein the application forms are available. Application form can also be downloaded from www.felindia.in and submitted to the nearest Future Group store along with necessary documents
Till when Can I invest in the Future Group FD Scheme?
The investment options available under the scheme are for 1 year, 2 year and 3 years. The scheme is available for a limited time on a first come first served basis and is subject to change.
What all documents are required to open big bazaar future group fixed deposit?
To open big bazaar future group fixed deposit, the applicant needs to complete KYC by submitting PAN Card, Cancelled Cheque, and Proof of Address.
How to get Duplicate Future Group Fixed Deposit Receipt?
Incase your Future Group Fixed Deposit Receipt is lost / misplaced / mutilated / damaged then Duplicate Fixed Deposit Receipt can be requested by submitting duly filled MULTIPURPOSE REQUEST FORM along with Duly executed and stamped Affidavit and Indemnity Bond for issuing duplicate fixed deposit receipt.
How to withdraw Future Group FD before maturity?
Future Group Fixed Deposits can be withdrawn before maturity by filling and submitting MULTIPURPOSE REQUEST FORM along with Fixed Deposit Receipt in original duly signed. Premature charges will be applicable as per the conditions of Future Group.
How to change name in future bazaar fd?
Any name change request in future bazaar fd can be submitted by submitting duly filled MULTIPURPOSE REQUEST FORM along with copy of marriage certificate/ Gazette notification / Affidavit and Indemnity Bond other proof is enclosed herewith.
How to change address of fixed deposit in future group?
Address chnage request of fixed deposit in future group can be submitted by submitting duly filled MULTIPURPOSE REQUEST FORM along with proof of change as per KYC guidelines of FEL FD Form.
How to make changes to big bazaar fixed deposit on minor attending majority?
On minor attending age of majority, they are requested to submit duly filled MULTIPURPOSE REQUEST FORM along with copy of PAN Card and proof of change as per KYC guidelines of FEL FD Form.
Mode of Payment for application:
Future Group Fixed Deposit Review
Payments can be made by either of the following modes:
- Cheque / bank draft drawn on a scheduled bank and crossed “A/C PAYEE”, drawn in favour of “FEL - Fixed Deposit Application Account”
- Swipe of debit card at the Designated Future Group Outlets.
- In cash (up to Rs. 20,000/ p.a. per depositor) at the Designated Future Group Outlets.
- Through RTGS/NEFT or fund transfer into FEL's Bank Account on any Bank working day. Bank account details for the remittance of funds is
- A) Beneficiary Name: FEL – Fixed Deposit Application Account.
- B) Account No.: FELD+Depositor's PAN (i.e. if PAN of the depositor is ABCDE1234Z then account number should be mentioned as FELDABCDE1234Z)
- C) IFSC Code: UTIB0CCH274
- D) Bank Name & Branch: Axis Bank, Fort Branch, Mumbai.
Online Fixed Deposit
The application form duly filled in along with the UTR No./payment reference number to be submitted at FD Department of the Company at City Gold Mall, 3rd Floor, Near Shyamal Cross Road, 132, Feet Ring Road, Satellite, Ahmedabad – 380 015.