Current Account
Explore RazorpayX powered Current Account, the application process, documents required and how to add funds.
RazorpayX powered
comes with a robust set of tools and integrations that make financial management powerful and easy.Current Accounts enable you to manage receivables and payables in one place and offer all standard banking features like a cheque book, debit card and account statement.
To open a RazorpayX powered Current Account:
-
Log in to the
. -
Go to the Current Account
. Keep your Business PAN/GSTIN readily available to make your application process quicker. -
Provide your
/ to auto-fill your application.
You can also manually enter your business details. Refer to the list of
. -
Review the business details retrieved by the identity number you provided.
- Verify the address for the on-site visit.
- Review the details of your account type.
- Edit your signatories/declarations.
- Verify the address for the on-site visit.
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Complete the OTP verification process.
Handy Tips
You can always check the status of your application on the Dashboard.
After verifying your details, RazorpayX works to open your Current Account with the partner bank. You can access your Current Account details and avail the benefits on your RazorpayX
.Here is a sample dashboard after account activation:
Check the documents required to open a Current Account with the following banks as per your business type in RazorpayX:
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RBL/Yes Bank
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ICICI Bank
After account activation, add funds to your RazorpayX account to make payouts. You can do this by direct bank transfer via:
You can transfer funds to your RazorpayX account via a direct bank transfer from bank accounts.
To transfer funds to RazorpayX Lite from your UPI app:
- Log in to your UPI app.
- Create a beneficiary using your RazorpayX account number and IFSC details. You can find these details on your Dashboard → .
- Transfer funds via IMPS.
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