Bank Account Opening

Bank Account Opening
  • Features Documents
    Accounts of individuals

    • Legal name and any other names used
    • Correct permanent address
    (i) Passport (ii) PAN card (iii) Voter’s Identity Card (iv) Driving license (v) Job card issued by NREGA duly signed by an officer of the State Government (vi) UIDAI (Aadhaar) Card

    (i) Property or Municipal Tax receipt (not more than 1 year old) (ii) Pension or family pension payment orders (iii) Letter issued by Foreign Embassy or Mission in India certifying/mentioning customer’s current residential address. (iv) Any Identity Document issued by Government department or agency of foreign jurisdiction (v) Identity card with applicant’s Photograph issued by Public Sector Undertakings, Scheduled Commercial Banks, and Public Financial Institutions (vi) Letter issued by a gazetted officer (with a duly attested photograph of the person containing name, current address, permanent address, nationality and DOB of the customer;) (vii) Utility bill (electricity, telephone, postpaid mobile phone, internet, piped gas, water bill) (viii) Bank account statement or Post Office savings bank account statement (Statement should not be more than two months old & Bank account shall be of any scheduled commercial Bank) (ix) Letter from employer

    Please Note: Acceptance of above documents are subject to satisfaction of the bank.

    Accounts of companies

    • Name & registration details of the company
    • Principal place of business (registered address)
    • Operating address of the company
    • Telephone/Fax Number
    • Certificate of incorporation and Memorandum & Articles of Association
    • Latest Annual Return with the ROC acknowledgement
    • List of Directors and the Form 32s supporting their director status
    • Resolution of the Board of Directors to open an account and identification of those who have authority to operate the account
    • Power of Attorney granted to its managers, officers or employees to transact business on its behalf
    • PAN proof for the Company
    • Any utility Bill for the operating address
    • Identity and address proof as applicable to accounts of individuals for all signatories, the Managing Director, the Chairman and signatories to the Board Resolution and all ultimate individual shareholders holding 10% and above capital of the company.
    • KYC for any company which is a significant shareholder of this company.
    Accounts of partnership firms

    • Evidence Legal name
    • Evidence of Address (Registered and Operating)
    • Names of all partners and their addresses
    • Telephone numbers of the firm and partners
    • Registration certificate, if registered OR any business registration document (eg, Sales Tax Registration/ Service Tax Registration, Shops & Establishments Registration, Factory Registration etc)
    • Partnership deed copy
    • Power of Attorney granted to any employee of the firm to transact business on its behalf
    • Any utility bill in the firm’s name evidencing its operating address
    • KYC documents for all partners and Power of Attorney holders
    • PAN proof for the Firm
    Accounts of trusts & foundations

    • Names of trustees, settlers, beneficiaries and signatories
    • Names and addresses of the founder, the managers/directors and the beneficiaries
    • Telephone/fax numbers
    • Certificate of registration, if registered or PAN Allotment letter / Acknowledged Income Tax Return, if not the Trust is not registered
    • Any utility Bill for the Operating and Registered address evidence
    • Trust Deed copy
    • Power of Attorney granted to any employee to transact business on its behalf
    • Trust Resolution of the managing body of the foundation/association
    • KYC documents for the trustees, signatories and all beneficial owners with 10% and above share