Current Account Documents - Sole Proprietorship
List of documents required to open a Current Account powered by RazorpayX in partnership with RBL/Yes Bank for a sole proprietorship.
This page has information on the documents required for a Sole Proprietorship firm to open a Current Account using RazorpayX in partnership with RBL/Yes Bank.
Handy Tips
- All KYC documents must include the company seal along with the sole proprietor's signature on all pages.
- 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. | Form |
|---|---|
| 1 | Account opening form - customer information form (CIF) for the entity . |
| 2 | Individual CIF form and investment services account (ISA) KYC documents for Proprietor. |
| 3 | Foreign Account Tax Compliance Act (FATCA) declaration in the name of the entity. |
Investment services account (ISA) KYC documents for Proprietor.
| Sl. No. | Document |
|---|---|
| 1 | Any 2 proof of existence for the proprietary firm. . |
| 2 | Valid address proof in the name of the proprietary firm. . |
| 3 | Sole Proprietorship Declaration. |
| 4 | Sole Proprietorship Covering Letter (Attach to INR 600 duty stamp paper challan]. |
| 5 | ICV - A cheque of minimum amount ₹20,000 in the entity's name. This amount will be added to your account once it is opened. |
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