Banking

What do i need to open a corporate bank account

To open a corporate bank account in India, your business must first be registered as a legal entity. You will typically need to provide the following documents:
  • Certificate of Incorporation (COI) from the Ministry of Corporate Affairs.
  • Memorandum of Association (MoA) and Articles of Association (AoA).
  • Permanent Account Number (PAN) card of the company.
  • A Board Resolution authorizing the account opening and naming authorized signatories.
  • KYC documents (Aadhaar, PAN, and photographs) of the directors and authorized persons.
  • Registered office address proof, such as a rent agreement or utility bill.

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