Current Account Documents - Partnership Firm
List of documents required to open a Current Account powered by RazorpayX in partnership with RBL/Yes 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/Yes Bank.
Handy Tips
- All declarations must be on firm letter head 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.
Investment services account (ISA) KYC documents for:
- All authorized signatory/signatories.
- All partners.
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