Accept deposits from members: circular, deposit insurance, trust deed, maintain liquid assets. Acceptance of Deposits (S.73-76) takes 7 steps over about 112 days and is filed with the ROC on DPT-1 and DPT-3.
Last updated: 10 August 2026
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
7 steps over about 112 days, filing DPT-1 and DPT-3 with the ROC. Each deadline below runs from the step before it.
| # | Step | Form filed | Deadline |
|---|---|---|---|
| 1 | Verify Eligibility | None | within 3 days |
| 2 | Board Resolution | None | within 7 days |
| 3 | Issue Circular to Members (DPT-1) | DPT-1 | within 14 days |
| 4 | Obtain Deposit Insurance | None | within 14 days |
| 5 | Execute Trust Deed | None | within 14 days |
| 6 | Accept Deposits | None | within 30 days |
| 7 | File DPT-3 (Annual Return) | DPT-3 | within 30 days |
The 7 steps below run in order; the day counts show how long each one allows.
Confirm company is eligible to accept deposits under Companies (Acceptance of Deposits) Rules.
Board approves acceptance of deposits.
Issue deposit circular containing terms and conditions.
Arrange deposit insurance as per rules.
Execute trust deed with deposit trustee.
Accept deposits and issue receipts. Maintain 15% of maturing deposits in liquid assets.
File annual return of deposits.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.
About 112 days across 7 steps. The first step is: Verify Eligibility.
DPT-1 and DPT-3. DPT-3 is the return of deposits filing under Rule 16.
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee.
Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.