KYC Documents for Companies and Businesses

Available in🇮🇳 India🇺🇸 United States

Below are the business types supported by Razorpay and the KYC documents required for various businesses.

Understanding CKYC VerificationCentral 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

For Registered Businesses
For Individuals

Enter your Business PAN.
Enter Date of Incorporation.
Documents are auto-fetched.

Business Types

Razorpay supports the following business types:

Business Type	Description	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 in which a trustor gives the trustee the right to hold title to property or assets for the benefit of a third party, the 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.

Handy TipsThe PAN Card details and 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 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 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 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 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 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 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 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 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 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 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).

​Business Types

​KYC Documents

​Additional Documents

​Related Information

Business Types

KYC Documents

Additional Documents

Related Information