How to create a business bank account

To create a business bank account in India, follow these steps:

• Register your business entity with the Ministry of Corporate Affairs (MCA) to obtain a Certificate of Incorporation.
• Apply for a business Permanent Account Number (PAN) and Goods and Services Tax (GST) registration.
• Gather required documents, including the Partnership Deed or MoA/AoA, board resolution, and address proof of the business.
• Submit these along with the KYC documents and photographs of authorized signatories at your chosen bank branch.
• Complete the bank’s verification process to activate your current account.