Banking

How to open company bank account

To open a company bank account in India, follow these steps:
  • Choose a bank and current account type that suits your business needs.
  • Gather required documents, including the Certificate of Incorporation, MoA, AoA, company PAN card, and a Board Resolution authorizing the account.
  • Submit the application form along with KYC documents (Aadhaar/PAN) and photographs of authorized signatories.
  • Complete the bank's verification process, which may include an in-person visit.
  • Make the initial deposit to activate the account and receive your chequebook and digital banking credentials.

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