Can fixed deposit be submitted to obtain bail

Can I place fd as bail.what are complications

Answers (3)

yes, you can place the FDR as a surety. there is no complications in this regard. when you submitted the FDR as a surety, then you have gave undertaking in the form of affidavit, that in case the accused failed to appear before the Ld. Trial Court, then the prosecution has got the right to encash the said FDR.

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Yes FD's i.e fixed deposits can be submitted as surety before the court. In most of the cases bank usually asks for property papers or documents of the vehicle of surety amount. After that only the bail is granted.

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There is no bar in depositing cash surety in court but fixed deposit is not allowed unless it is made in favour of concerned court . If court allows U can take particular from Court Nazar . It is purely at the will of concerned judge.

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