Document needed for opening the Current account

Proprietorship / Partnership / Companies / Corporate / HUF

FOR SOLE PROPRIETORSHIP

  • Certificate/license issued by the municipal authorities under shop & Establishment Act.
  • CST/VAT certificate.
  • Certificate/registration document issued by the sales tax/professional tax authorities.
  • License issued by the Registering authority likecertificate of practice issued by Institute of chartered accountants of India, Institute of company secretaries of India, Indian Medical Council, Food and Drug Control authorities, etc.
  • Registration / licensing document issued by the Central Government or State Government Authority / Department.

FOR PARTNERSHIP FIRMS

  • Registration Certificate, if the firm is registered.
  • Partnership Deed.
  • Power of Attorney granted to employee of the firm to transact business on its behalf.
  • Attach Proof of identify and proof of address ofthe main partners and persons holding the POA apart from the above.

FOR COMPANIES

  • Certificate of incorporation and DIN.
  • Memorandum & Articles of Association.
  • Resolution of the Board of Directors to open an account and list of officials authorized to operate the account.
  • Identification of authorized signatories should be based on photographs and signature cards duly attested by the company.
  • Power of Attorney, if granted, to its managers, officers of employees to transact business on its behalf.
  • Copy of PAN card.
  • List of directors and copy of Form 32 (if directors are different from AOA).
  • Certified true copy of Certificate of commencement of business.
  • Attach Proof of the name of the company, Principal place of business, mailing address of the company, Telephone/Fax number apart from the above. (Telephone bill)

FOR TRUSTS, ASSOCIATION, CLUB, SOCIETY

  • Certificate of Registration, if registered.
  • Power of Attorney granted to transact business on its behalf, if any.
  • Any document listing out the names and addressesof the trustees, sellers, beneficiaries, and those holding power of Attorney,and other key officials involved in the day to day management of the trust to the satisfaction of the bank.
  • Resolution of the managing body of the foundation.
  • Declaration of Trust/Bye Law of society/Bye-law of Association/Bye-law of club.
  • Attach the Proof of name and address of the founder, Manager/director and the beneficiaries, telephone/fax number, Telephone bill, Utility bill apart from the above.

FOR HUF

  • The PAN card of the HUF/PAN Intimation letter/GIR No./Form 60/HUF Declaration and Identity and Address proof of the Kartha.
    • Note:
  • All the persons related to the account and authorized to operate the account must provide separate identity and address Proof in conformity with the details furnished in the application form.
  • Original and photo copy are to be produced. Originals will be returned after verification at the Branch.