To open a business bank account in India, you generally need to provide documents that verify the existence of your business and the identity of its owners. While specific requirements may vary by bank, the most common requirements include:
- Permanent Account Number (PAN) of the business or the individual (for sole proprietorships).
- Identity and address proof of the authorized signatories (Aadhaar card, Voter ID, or Passport).
- Business registration documents, such as a GST registration certificate, Partnership Deed, or Articles of Association.
- A board resolution or an authorization letter allowing the opening of the account.
- Recent photographs of the account openers.