Documents required for opening a Current Account:

Here are the documents required for opening a Current Account:

 Proof of identity of the proprietor/trader/professional/institution/association, etc. such as the PAN
card. Additional documents for individuals include voter ID, passport, driving licence.
 Proof of address for an individual: Telephone bill, electric bill.
 Proof of the existence of the business:
 ny of these documents will be enough to establish proof of the existence of the business:
 Registration and Licenses issued by the Municipal authorities. This document is vital under the
Bombay Shops & Establishment Act, 1948.
 GST registration certificate with the number.
 A registration certificate issued by Professional Tax authorities.
 A business registration certificate issued by the respective State Government.
 RBI (Reserve Bank of India) /SEBI (Securities and Exchange Board of India) registration
certificate.
 Licences by FSSAI (Food Safety and Standards Authority of India).
 An import-export licence issued by the Director General of Foreign Trade.
 Proof of address for business:
 TAN (Tax Deduction and Collection Account) allotment letter by the Income Tax
 Property registration documents
 Property Tax/Water tax bills
 Title deeds to the property/rental registration documents.
 Existing bank account statements.
 If the person opening the bank account is an NRI, the following additional documents will be
required.
 Customer declaration containing the following:
 The funds will come from an NRO (Non-Resident Ordinary) / NRE (Non-Resident Rupee) /
FCNR (Foreign Currency Non-Repatriable account)
 The firm is not engaged in agricultural activities, print media or real estate business.
 If the entity opening a Current Account is a limited liability partnership, the following is required:
 Certificate of incorporation for Limited