KYC DOCUMENTS: CURRENT ACCOUNT
Originals & Self-attested copies to be submitted for verification
For Current Accounts:
- Minimum Balance : Rs 2,000/-
- SMS sent on the Registered Mobile Number for all transactions
- Nomination compulsory
- RTGS/NEFT available
Sole Proprietor
Document of proprietor
- Latest passport-size colour photograph of proprietor.
- Identity and address proof of the proprietor.
- Permanent Account Number (PAN)
Any two documents in the name of firm with address of the firm and name of proprietor:
- Registration certificate
- Certificate/License issued by the Municipal Authorities under Shop & Establishment Act
- GST certificate
- Certificate/Registration document issued by Professional Tax authorities
- IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT
- Complete income tax return in name of the proprietor wherein the income of the firm is reflected.
- License issued by the Registering authority like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India, Institute of Company Secretaries of India, Indian Medical Council, Food and Drug Control Authorities, etc.
- Udyog Adhaar
- Utility bills such as electricity, water and landline telephone bills
Public or Private Limited Companies
- Certificate of Incorporation and Commencement of Business
- Certified true copy of Memorandum and Articles of Association
- Certified Board resolution authorising the opening and operation of the account
- PAN card
- Documents of the authorized signatories as required for Individuals
Partnership Firms
- Partnership Deed and Registration Certificate
- PAN card
- Documents of the partners and authorized signatories as required for Individuals
Trusts
- Trust deed
- Registration certificate
- PAN card
- Copy of the resolution by the trustees authorizing the members concerned to open and operate the account
- Documents of the authorized signatories as required for Individuals
Co-operative Societies
- Certificate of Registration
- Certified Bye-laws approved by the authorities
- Copy of the resolution by the Board /Committee authorizing the members concerned to open and operate the account
- Documents of the authorized signatories as required for Individuals
Clubs / Mandals / Associations
- PAN card
- Bye-laws of the association or club
- Certificate of Registration
- Copy of the resolution by the Board /Committee authorizing the members
concerned to open and operate the account
- Documents of the authorized signatories as required for Individuals