Current Account Documents - Partnership Firm

List of documents required to open a Current Account powered by RazorpayX in partnership with RBL Bank for a partnership firm.

This page has information on the documents required for a Partnership firm to open a Current Account using RazorpayX in partnership with RBL Bank.

Handy Tips

  • All declarations must be on firm letterhead and dated.
  • All KYC documents must include the rectangular seal (partner / authorised signatory) along with signatures on all pages.
  • If the banking clause is not mentioned in the partnership deed, then all partners must sign the resolution / declaration certifying the banking clause and mode of operation on the entity letterhead.
  • A complete chain of the partnership deed is required. In case there is a deceased partner in the chain, the Death Certificate of the deceased partner is mandatory. In the case of a retiring partner, he/she must sign on the last deed.
  • The last page of the deed must include all the existing partners’ signatures.
  • For partnership deed, name and count of the partners must match with the partnership declaration.
  • The cheque amount can range from INR 20,000 to INR 10,00,000 and must be shared at the time of document pick up.

Sl. No.Forms
1Account opening form - customer information form (CIF) for the entity .
2Individual CIF form and investment services account (ISA) KYC documents for:
  • All authorized signatory
  • All partners.
3Corporate Netbanking Application Form
4Foreign Account Tax Compliance Act (FATCA) declaration in the name of the entity.

Investment services account (ISA) KYC documents for:

  • All authorized signatory.
  • All partners.
Sl. No.Documents
1Partnership declaration signed by all the partners.
2Partnership PAN card.
3Valid address proof in the name of the entity. .
4Mode of operation (MoP) letter signed by all Partners.
5Beneficiary owner (owns 15% of the shares).
CIF and Investment Services Account (ISA) for the person / people.
6Certified true copy of the latest partnership deed along with one entity proof.
  • If the copy is not notarized, signatures of two witnesses are mandatory.
  • Franking and stamping has to be done.
  • The purchase date on the stamp should be within 6 months of the partnership deed being made.
7Covering Letter (Attach to INR 600 duty stamp paper challan).
8ICV - Cheque of minimum amount INR 20,000 in the entity's name.
9Internet Banking Letter.


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