To be eligible for a 60 Lakh fixed deposit, you must meet the following criteria: Age Requirement: Should be above 18 years of age. However, minors can open a Fixed Deposit under the guardianship of a guardian. PAN Card: Have a PAN card. In the case of a Hindu Undivided Family (HUF), they must have a separate PAN card. Compliance with KYC Guidelines: The applicant must satisfy the Know Your Customer (KYC) guidelines mandated by the RBI.