Application not initiated | Affiliate has not initiated a Current Account application yet. |
Application completion pending | Complete CA application is yet to be submitted. |
PAN verification in progress | We are verifying the PAN details submitted by your affiliate. Takes about 5-10 minutes to complete. |
PAN Verification Failed | Direct your affiliate to enter a valid PAN number that is registered with their business to submit KYC. |
Telephonic verification | RazorpayX executive will call the affiliate in a few days for verification. |
Razorpay processing | RazorpayX team is verifying the application internally. |
Documents pick up pending | Our partner bank’s executive will help the affiliate to fill the forms and collect them. Details will be shared soon. |
Account opening in progress | We are working with our partner bank to get the account opened and activated. |
Account opened | Current Account is opened. Our team is working on activating the account on RazorpayX. This usually takes 3-5 working days. |
Account activated | Current account is now active. |
Request Cancelled | Current Account request has been cancelled. |
Unserviceable | We are unable to service the Current Account opening request. |
Request Rejected | Current Account opening request has been rejected by RazorpayX/partner bank's team. |
On hold | Current Account opening request has been put on hold. |
Request Received | We have received your request and will contact you to understand your requirements and help you gather the documents required to open a current account. |
Process Started | We inform our partner bank RBL to contact you, collect the required documents and take the process further. Documents required to open a Current Account will differ based on your business type. |
Bank KYC in progress | Our partner bank has received the documents required to process your request and complete KYC. A Relationship Manager from RBL will contact you if further clarification is needed. |