How to open a corporate bank account

To open a corporate bank account in India, your business must first be registered as a legal entity (e.g., Private Limited Company or LLP). The process involves selecting a bank, submitting a formal application, and completing KYC verification. Key requirements include:

• Certificate of Incorporation and MoA/AoA
• Company PAN card and Board Resolution authorizing the account
• Identity and address proofs of authorized signatories
• Proof of registered office address

Once documents are verified and compliance checks are completed, the bank activates the account and provides net banking credentials.