Documents required for opening a Current Account

 

Sole Proprietorship

  • Any two of the following documents as a proof of business/ activity in the name of the proprietary firm:
    • Certificate/licence issued by the municipal authorities under Shop and Establishment Act
    • CST/VAT/ GST certificate
    • Certificate/registration document issued by Sales Tax/Service Tax/Professional Tax authorities
    • IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT/ Licence/certificate of practice issued in the name of the proprietary concern by any professional body incorporated under a statute
    • Complete Income Tax Return (not just the acknowledgement) in the name of the sole proprietor where the firm's income is reflected, duly authenticated/acknowledged by the Income Tax authorities
    • TAN Allotment Letter issued by NSDL in the name of the firm
    • Certificate/ License of Registration under any specific Statute/Act of the government
    • Utility bills such as electricity, water, and landline telephone bills
  • Identity and Address of the Sole Proprietor:
    • Passport
    • Driving License
    • Voter ID card
    • Aadhaar card
    • PAN card
    • Letter issued by the National Population Register
  •  A self-declaration on the Bank’s prescribed format

Partnership Firms

  • PAN in name of Firm
  • Partnership Deeds
  • Registration Certificate or one government issued certificate confirming the name, address & activity of the firm
    • Certificate/licence issued by the municipal authorities under Shop and Establishment Act
    • CST/VAT/ GST certificate
    • Certificate/registration document issued by Sales Tax/Service Tax/Professional Tax authorities
    • IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT/ Licence/certificate of practice issued in the name of the proprietary concern by any professional body incorporated under a statute
    • Complete Income Tax Return (not just the acknowledgement) in the name of the sole proprietor where the firm's income is reflected, duly authenticated/acknowledged by the Income Tax authorities
    • TAN Allotment Letter issued by NSDL in the name of the firm
    • Certificate/ License of Registration under any specific Statute/Act of the government
    • Utility bills such as electricity, water, and landline telephone bills
  • Partnership Declaration in bank format (to be signed by all the partners) 
  • Proof of Identity & Address of Partners:
    • Passport
    • Driving License
    • Voter ID card
    • Aadhaar card
    • PAN card
    • Letter issued by the National Population Register

Limited Liability Partnership

  • PAN in name of firm
  • LLP agreement
  • Certificate of Incorporation issued by the Registrar of Cos
  • Resolution for Account Opening
  • Beneficial owner information & KYC documents
  • Identity & Address Proofs of Partners/Authorised Signatories:
    • Passport
    • Driving License
    • Voter ID card
    • Aadhaar card
    • PAN card
    • Letter issued by the National Population Register

Hindu Undivided Family/ Joint Hindu Family (HUF)

  • PAN Card in name of HUF
  • HUF declaration (duly signed by all the co-partners and naming the Karta, who would be authorised to operate the account.)
  • Proof of ID, Address & Signature Proof of Karta
    • Passport
    • Driving License
    • Voter ID card
    • Aadhaar card
    • PAN card
    • Letter issued by the National Population Register

Public or Private Limited Companies

  •  PAN Card in name of company 
  • Certificate of Incorporation 
  • Certificate of Commencement of business (only for limited companies incorporated under Companies Act 1956)
  • Updated Memorandum & Articles of Associatione
  • Proof of Principal place of Business / Registered Office / Mailing Address
  • Present list of names of Directors & Identity & Address Proofs of Authorised Signatory
    • Passport
    • Driving License
    • Voter ID card
    • Aadhaar card
    • PAN card
    • Letter issued by the National Population Registerg
  • Beneficial owner information & KYC documents
 
            Disclaimer Kindly note that this is an indicative list 



 

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