Truly One Account

Documentation

Know your customer (KYC) documentation

  1. KYC documentation – Sole proprietorships
    • Proof of identity and address of the proprietor: Table 1
    • PAN Card of the proprietor
    • Proof of  identity, address and activity of the concern (any two document which confirms Entity Name/ Address / Business) : Table 2
    • No objection certificate for firms enjoying credit limits from other banks..
  2.  

  3. KYC documentation – Partnerships
    • Partnership deed Certificate of incorporation/registration or proof of application
    • PAN in the name of the partnership
    • Identity proof documents for all authorised signatories: Table 1
    • Proof of Identity , address and activity of the concern (any two document which confirms Entity Name/ Address / Business including any of the above mentioned documents) : Table 2
    • No objection certificate for firms enjoying credit limits with other banks.
  4.  

  5. KYC documentation – Private limited company
    • Mandate to open account – Board Resolution
    • PAN card in the name of the Company
    • Certificate of incorporation
    • Memorandum and articles of association
    • Resolution of the Board of Directors to open an account and identification of those who have authority to operate the account
    • Identity proof for all authorised signatories: Table 1
    • Copy of the any one officially valid document to prove the address
    • No objection certificate for firms enjoying credit limits with other banks


Table 1 – The following Documents can be accepted for Sole proprietors/ partners/authorised signatories/Directors

 

# Documents allowed as Identity proof  
1. Aadhaar card issued by Unique Identification Authority of India (UIDAI)  
2. Passport  
3. Driving License*  
4. PAN card  
5. Voter Identity Card  
6. Job card issued by NREGA duly signed by an officer of the State Government  

*Not accepted as Identity Proof in Maharashtra. 

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Table 2 – Documents for entity proof of name, registration and address (Sole proprietorship, partnership and LLP))
 

# Documents allowed as Identity and address proofs   
1 Registration certificate (in the case of a registered concern)  
2 Certificate/licence issued by the Municipal authorities under Shop & Establishment Act,  
2.1 Valid Shops & Establishment Certificate/ Trade License.   
2.2 Certificate of enlistment/license/shop allotment letter issued by Municipal Corporation  
2.3 Shops & Establishment Certificate issued by E-Seva Kendra’s (Andhra Pradesh). Receipt issued only by Municipal Corporation of Hyderabad (MCH) to be accepted along with Shops & Establishment Certificate.  
2.4 Valid shops and establishments certificate issued by the Municipal corporations in West Bengal.  
3 Sales and income tax returns  
3.1 Complete Sales tax return in the name of the firm duly acknowledged and accepted.  
3.2 Last available Income/ Wealth Tax Assessment order in the name of firm.  
4 CST/VAT certificate  
4.1 Sales Tax Registration Certificate/ TIN Certificate/ VAT Certificate/ Service Tax certificate/ TAN certificate/ Allotment letter for new firms not older than six months.   
5 Certificate/registration document issued by Sales Tax/Service Tax/Professional Tax authorities  
5.1 Professional Tax Registration Certificate  
6 Licence issued by the Registering authority like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India, Institute of Company Secretaries of India, Indian Medical Council, Food and Drug Control Authorities, registration/licensing document issued in the name of the proprietary concern by the Central Government or State Government Authority/Department, etc. IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT   
6.1 APMC/ Mandi License/ Certificate  
6.2 Labour License/Certificate  
6.3 Trade Mark Registration Certificate  
6.4 Liquor License/ Registration Certificate  
6.5 Drug License  
6.6 Registration Certificate issued by Excise & Customs Department.  
6.7 License/ Certificate to Sell/ Stock/ Exhibit for Sale or Distribute Insecticide/Pesticide  
6.8 Registration Certificate issued under Weight & Measurement Act  
6.9 Police Department Permission/License/Certificate  
6.10 Regional Transport Office Permit/Registration Certificate  
6.11 Consent to Operate document issued by State/Central Pollution Control Board  
6.12 Certificate Issued by SEZ, STP, EHTP, DTA and EPZ in the name of the entity mentioning the address allotted.  
6.13 Importer–Exporter Code (IEC)   
6.14 Trade License in the name of entity.  
6.15 District Industries Center (DIC)/ Small Scale Industries (SSI)/ Micro, Small and Medium (MSME) Certificate - Acknowledgment Part -II issued by DIC/ SSI/ Development Commissioner MSME containing Entrepreneur's Memorandum Number.   
6.16 Factory Registration Certificate in the name of entity.  
6.17 SEBI Registration Certificate in the name of the entity.  
6.18 Copy of PAN Card in the name of firm.
6.19 Certificate issued by Municipal Corporation/ Local Self Government Bodies confirming address of the firm.


 
7 The complete Income Tax return (not just the acknowledgement) in the name of the firm where the firm's income is reflected, duly authenticated/ acknowledged by the Income Tax Authorities.  
8 Utility bills such as electricity, water, and landline telephone bills in the name of the proprietary concern.  
8.1 Latest copy of Electricity Bill, not more than 3 months old.  
8.2 Latest copy of Telephone Bill from Telecom operator, not more than 3 months old.  
8.3 True copy of gas connection book in the name of the entity along with latest gas receipt not more than 3 months old or Gas bill in case of pipe connection.  
8.4 Water Tax bill paid to Municipal Body/ Corporations, not more than 3 months old along with the Tax receipt should stand in the name of the firm.  
8.5 Property Tax bill not more than 12 months from the bill issuance date along with Tax payment receipts in the name of the firm.  
8.6 Last three months Bank Statement from scheduled commercial bank along with account opening cheque/Bank passbook along with account opening cheque.  
 

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