How to open a business bank account

To open a business bank account in India, you must first register your business entity and obtain a Certificate of Incorporation. Visit your preferred bank and submit an application along with the following documents:

• Company PAN Card and GST registration certificate
• Board Resolution authorizing the account opening
• Memorandum and Articles of Association (MoA & AoA)
• Identity and address proofs (Aadhaar or Passport) of directors and authorized signatories
• Passport-size photographs

Once documents are verified and the initial deposit is made, the bank will activate your account.