FD as gift

I do have FD @ BANK X and my wife has saving a/c and FD at BANK Y. Can I gift my FD to wife? If yes, what's the procedure? Any special concern needed if I want to gift multiple FDs.

asked May 02 '13 at 16:51 by mchhajer 1●1●1●1

One Answer:

oldest newest most voted

You can gift amount to your wife and she can have fixed deposits done in her name.

As such, we are not aware of option of gifting fixed deposits. Bank may not change name on FD.

answered May 08 '13 at 00:16 by Pankaj Batra 5.2k●3●20

link

Know someone who can answer? Share a link to this question via Email, Twitter, or Facebook

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

*italic* or __italic__
**bold** or __bold__
link:[text](http://url.com/ "title")
image?![alt text](/path/img.jpg "title")
numbered list: 1. Foo 2. Bar
to add a line break simply add two spaces to where you would like the new line to be.
basic HTML tags are also supported

learn more about Markdown

Tags:

tax-saving ×120
fixed-deposit ×39
gift-to-wife ×6

Asked: May 02 '13 at 16:51

Seen: 5,293 times

Last updated: May 08 '13 at 00:16

FD as gift

Know someone who can answer? Share a link to this question via Email, Twitter, or Facebook

Follow this question

Related questions