--- title: KYC Documents for Business Types heading: KYC Documents for Companies and Businesses description: List of required KYC Documents for companies and business types to register with Razorpay under the 2026 Master KYC guidelines. --- # KYC Documents for Companies and Businesses Below are the business types supported by Razorpay and the KYC documents required for various businesses. **SUCCESS** **Understanding CKYC Verification** Central KYC Registry (CKYC) is a centralised government database maintained by CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest of India) containing verified KYC records of individuals and entities across all financial institutions. **CKYC Consent Process** 1. Enter your Business PAN. 2. Enter Date of Incorporation. 3. Documents are auto-fetched. 4. Enter your Personal PAN. 5. If CKYC record exists → Enter the mobile number linked to the CKYC. 6. Enter the OTP from CKYC system. 7. Documents are auto-fetched. ## Business Types ### Razorpay supports the following business types: Business Type | Description [columWidth="60"] | Example --- LLP | LLP stands for Limited Liability Partnership. It is a combination of partnership and corporation. The partners have limited liability, which means that the partners' personal assets are not used for paying off the company's debts. | Dental offices, auditing firms, financial advising services, business consultancies and so on. --- Partnership | A partnership is an arrangement between two or more people who agree to be the co-owners, distribute responsibilities for running an organisation and share the income or losses the business generates. | Law firms, physician groups, real estate investment firms and so on. --- Private Limited | A private limited company is a business entity held by a small number of people. It does not offer stocks for sale to the general public. | Google India Pvt. Ltd., Parle Products Pvt. Ltd., Malabar Gold Pvt. Ltd. and so on. --- Public Limited | A public limited company is a business entity that has limited liability and offers shares to the general public. | Bharat Heavy Electricals Ltd., Steel Authority of India Ltd., Oil and Natural gas Corporation Ltd. and so on. --- Sole Proprietorship | This business entity is owned, controlled and operated by a single individual who is the sole beneficiary of all profits or losses and responsible for all risks. | Small businesses such as a local grocery store, a local clothes store, an artist, freelance writer, IT consultant, freelance graphic designer and so on. --- Trust | A trust is a [fiduciary relationship](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#fiduciary-relationship) in which a [trustor](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#trustor) gives the [trustee](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#trustee) the right to hold title to property or assets for the benefit of a third party, the [beneficiary](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#beneficiary). Trusts are established to provide legal protection for the trustor’s assets. | A beneficiary may transfer property to a trustee and grant them the right to manage it. --- HUF | HUF stands for Hindu Undivided Family, which consists of all persons directly descended from a common ancestor, including their wives and unmarried daughters. A HUF cannot be created under a contract, it is created automatically in a Hindu Family.| Haldiram's Private Limited. --- Government Entity | A government entity includes an organisation owned or controlled by the central or state government or UTs. | Ministries, departments, PSUs and regulatory bodies like RBI or SEBI. --- Judicial Person | A judicial person is a non-natural entity recognised by law as having the capacity to have rights and obligations, similar to a human being. | Deities, universities or corporations established under special status. --- Local Authority | A local authority is a self-governing body responsible for local administration in a city, town or village. | Municipal corporations, panchayats and development authorities. --- Section 8 Company | A 'Section 8' Company is a type of non-profit company registered under Section 8 of the Companies Act, 2013 in India. | Tata Trusts, Infosys Foundation and Reliance Foundation. --- Individual/Unregistered Businesses | Small businesses being run by individuals that are not yet formally registered. | Professionals, freelancers, influencers, small offline stores or similar entities. --- Society | A society is an organisation formed by a group of individuals for the promotion of charitable, educational, religious or literary purposes. They are typically registered under the Societies Registration Act, 1860 in India. | Educational societies running schools/colleges, cultural societies, sports clubs or charitable organisations. ## KYC Documents Following is the list of Know Your Customer (KYC) documents Razorpay requires, to verify your KYC. You need to upload scanned photocopies (soft copies) of these documents. **INFO** **Handy Tips** The PAN Card details and [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) address proof, that is, Aadhar Card and Passport should be of the same person. ### Individual/Unregistered Businesses Proof Required | Supporting Documents --- Proof of Identity | **Auto-fetched from CKYC**. However, if CKYC fails, you must provide: - PAN card - Mobile number --- Proof of Address| **Auto-fetched from CKYC**. However, if CKYC fails, you must provide: - Digilocker verification or - Aadhaar/Photo id/Passport soft copies --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. ### Proprietorship Proof Required | Supporting Documents --- Proof of Business Identity and Date of Incorporation | MUST upload 2 from: - MSME/UDYAM Certificate - GST Certificate - Shop & Establishment Certificate - Import Export Code (IEC) - Postpaid Mobile Bill --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners | PAN Card --- Proof of Identity and Address of Business Owners | - Government-approved Proprietor address proof (like Aadhar Card/Voter id/Passport) - `Mandatory` Power of Attorney (POA) ### Private Limited/Public Limited Proof Required | Supporting Documents --- Proof of Business Identity | **Auto-fetched from CKYC**. However, if CKYC fails, you must provide: - Certificate of Incorporation - CIN - `Mandatory` Memorandum of Association (MOA) - `Mandatory` Articles of Association (AOA) --- Proof of Business Existence | Business PAN --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details - Government-approved [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) - `Mandatory` Board Resolution (BR) or Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN, Aadhar and Ownership % declaration) - `Mandatory` Declare all natural persons with **>10%** shareholding ### Partnership Proof Required | Supporting Documents --- Proof of Business Identity | - `Mandatory` Partnership Deed - `Mandatory` Partnership Registration Certificate (If Partnership is registered) --- Proof of Business Existence | Business PAN --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details - Government-approved [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) - `Mandatory` Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN and Aadhar) - `Mandatory` Declare all natural persons with **>10%** shareholding ### LLP Proof Required | Supporting Documents --- Proof of Business Identity | - `Mandatory` Certificate of Incorporation/LLPIN/LLP Deed - LLP Partnership Deed --- Proof of Business Existence | LLP PAN Card --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details - Government-approved [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) - `Mandatory` Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN, Aadhar and Ownership % declaration) - `Mandatory` Declare all natural persons with **>10%** shareholding ### Government Proof Required | Supporting Documents --- Proof of Business Identity and Existence | - `Mandatory` Gazette Notification Certificate - `Mandatory` Power of Attorney (POA) --- Proof of Business Existence | Business PAN Card --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners and Authorised Signatory | - Government-approved [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) identity proof (like Aadhar Card/Voter id/Passport) - Authorised signatory PAN Card details ### Trust Proof Required | Supporting Documents --- Proof of Business Identity and Existence | - Trust Deed - `Mandatory` Trust Registration Certificate (If Trust is registered) --- Proof of Business Existence | Trust PAN Card --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details - Government-approved [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) - `Mandatory` Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN and Aadhar) - `Mandatory` Declare all natural persons with **>10%** shareholding ### HUF Proof Required | Supporting Documents --- Proof of Business Identity and Existence | - `Mandatory` Registered HUF Deed - `Mandatory` Power of Attorney (POA) --- Proof of Business Existence | Business PAN Card --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners and Authorised Signatory | - Government-approved [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) identity proof (like Aadhar Card/Voter id/Passport) - Authorised signatory PAN Card details ### Judicial Person Proof Required | Supporting Documents --- Proof of Business Identity and Existence | - `Mandatory` Gazette Notification Certificate - `Mandatory` Power of Attorney (POA) --- Proof of Business Existence | Business PAN Card --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners and Authorised Signatory | - Government-approved [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) identity proof (like Aadhar Card/Voter id/Passport) - Authorised signatory PAN Card details ### Local Authority Proof Required | Supporting Documents --- Proof of Business Identity and Existence | - `Mandatory` Gazette Notification Certificate - `Mandatory` Power of Attorney (POA) --- Proof of Business Existence | Business PAN Card --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners and Authorised Signatory | - Government-approved [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) identity proof (like Aadhar Card/Voter id/Passport) - Authorised signatory PAN Card details ### Section 8 Company Proof Required | Supporting Documents --- Proof of Business Identity | **Auto-fetched from CKYC**. However, if CKYC fails, you must provide: - Certificate of Incorporation - CIN - `Mandatory` Memorandum of Association (MOA) - `Mandatory` Articles of Association (AOA) --- Proof of Business Existence | Business PAN --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details - Government-approved [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) - `Mandatory` Board Resolution (BR) or Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN, Aadhar and Ownership % declaration) - `Mandatory` Declare all natural persons with **>10%** shareholding ### Society Proof Required | Supporting Documents --- Proof of Business Identity and Existence | - Society Registration Certificate --- Proof of Business Existence | Society PAN Card --- Bank Details | - `Mandatory` Bank Account Number - `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details - Government-approved [authorised signatory](https://razorpay.com/docs/build/llm-docs/payments/glossary.md#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) - `Mandatory` Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN, Aadhar and Ownership % declaration) - `Mandatory` Declare all natural persons with **>15%** shareholding ## Additional Documents Depending on the line of business, we may also ask for additional certifications. ### List of additional certificates depending on your business category Business Category | Certificate --- OTC Products | FSSAI (Ayurveda, Health supplements) documents: Drug license/Pharma license/Form 20/Form 21/Form 20B/Form 21B and AYUSH --- Food Industry | FSSAI --- Herbal (Medicinal Purpose) | AYUSH (Manufacturing license - Form 24D) --- Advisory Firm (Stock Market) | SEBI (Certificate should be in the business name, not an individual’s name)/If the business type is proprietorship in this case - SEBI can be accepted in the proprietor's name. --- Venture Capital Fund Co. | SEBI (Certificate should be in the business name, not an individual’s name) --- Merchant Banking Co. | SEBI (Certificate should be in the business name, not an individual’s name) --- FOREX | FEMA Registration, FFMC Certificate (State-wise) --- Trust | 12A/80G or 10AC Income Tax link (Verify PAN number and entity name). Preferred: 80G or 10AC.- If 10AC is provided: Accept with email consent. - If 10A is provided: Undertaking letter required. --- Finance Support (Society Members) | NBFC --- Gold | 916 Hallmark/BIS Hallmark --- Silver | 925 Hallmark/Related Certification --- Platinum | PGI Certificate --- Diamond | GIA/SGL/IGI/HRD Certificate --- Gemstone | GII/IGI Certificate --- Insurance | IRDAI- Life Insurance - General Insurance - Health Insurance - Broker: Sample arrangement with any insurer. --- Mutual Fund | AMFI (Certificate should be in the business name, not an individual’s name) --- International Travel/Hotel | IATA --- Travel Agency: International | IATA/Signed copy of the service level agreement with an IATA-certified company --- Travel Agency: Train Tickets | IRCTC Agency Certificate (Required if not selling flight tickets and IATA not available) --- Internet Service Provider | TRAI/PMWANI/SLA --- SMS/Email/Telemarketing Co. | TRAI (For mobile network)/TRAI/PMWANI/SLA --- Banks/NBFCs/Money Lending | NBFC (Not applicable for Banks)/All types of Banks (including Payment Banks) --- Pre-paid/E-wallet, Cash/Smart Card | Non-bank PPI, Bank PPI --- Paper/Gift Voucher | RBI --- Aircraft Maintenance Related Service | DGCA --- Flight Operators | Scheduled Operators/Non-Scheduled Operators --- Chit Funds | Operated by Government or PSU companies post approval from Risk --- Housing Finance Companies | National Housing Banks --- Nidhi Companies | Nidhi Certification --- Gaming | Independent Legal Opinion stating it is a ‘Game of Skill,’ not ‘Game of Luck.’ /Gaming MSA + Undertaking --- University/Education Sector | UGC Certificate/ICSE/CBSE/AICTE affiliation certificate. --- Web host/Domain seller | PCI-DSS --- Prescription basis medicines | Pharmacy or Retail/wholesale Drug License, Form 20/21/20B/21B (whichever is applicable). ### Related Information - [Submit KYC details](https://razorpay.com/docs/build/llm-docs/payments/set-up.md#2-submit-kyc-details) - [Frequently Asked Questions (FAQs)](https://razorpay.com/docs/build/llm-docs/payments/faqs.md)