Documents Required for XPayroll KYC Verification

After you sign up with

RazorpayX Payroll

, start the KYC verification process to use all the XPayroll

features

How it Works

There are two steps to verify KYC:

You can complete your account activation process in any preferred order. We auto-save your application.
Ensure all document copies uploaded are:
- Less than 5 MB in size.
- Not password protected.
- Not blurry and unclear.
- In pdf, jpg, png formats.
Proof of identity (PAN) and
authorised signatory's
address proof (Aadhar Card and Passport) should belong to the same person.
Do not close the window when verification is in progress.
When providing company details:
- If you are an existing
  Razorpay PG
  merchant, the KYC fields are auto-filled and verified.
- If you are an existing
  RazorpayX
  user or you are using Razorpay products for the first time, follow the
  below steps
  to verify your KYC.

To initiate KYC and activate your XPayroll account:

Log in to the
XPayroll Dashboard
.
Click Start in the Organisation Setup widget on the Home Page.
Upload your bank details like account number and IFSC. You can wait for the details to be automatically verified by the system or complete the KYC verification process manually.
Click Verify. You can proceed to provide KYC documents for company details.
Provide the following details:
1. Address Proof: Upload your business address proof.
  1. Select an address proof document from the drop-down list.
  2. Upload your address proof document's front and back sides as applicable.
2. Identity Proof: Upload your PAN card copy for identity proof verification. The authorised signatory's address proof and the personal PAN card must match.
3. Business Documents: Upload the relevant
  business documents
  based on your business type.
Click Verify after uploading all the documents. The KYC verification process takes 1-2 working days.

Refer to the documents required for KYC verification per your business type.

Watch Out!

The PAN card and

authorised signatory's

address proof (Aadhar Card and Passport) should belong to the same person.

Following documents are required for KYC verification for Limited Liability Partnerships (LLPs)/Private Limited/Public Limited Companies.

Proof Required	Supporting Documents
Proof of Business Identity	Certificate of Incorporation
Proof of Business Existence	Income Tax Registration (Company PAN Card)
Proof of Identity of Business Owners and Authorised Signatory	Government-approved authorised signatory identity proof (like Aadhar Card/Voter Card/DL/Passport and so on.) Authorised signatory PAN Card details.

Following documents are required for KYC verification for Partnerships.

Proof Required	Supporting Documents
Proof of Business Identity	Registered Partnership Deed Any one of Sales Tax Registration Or VAT /TIN Registration Or Shops and Establishments Certificate Or Trade License
Proof of Business Existence	Income Tax Registration (Company PAN Card)
Proof of Identity of Business Owners and Authorised Signatory	Government-approved authorised signatory identity proof (like Aadhar Card/Voter Card/DL/Passport and so on.) Authorised signatory PAN Card details.

Following documents are required for KYC verification for Non-Governmental Organisations (NGOs) and Trusts.

Proof Required	Supporting Documents
Proof of Business Identity and Existence	Registered Trust Deed Any one of Sales Tax Registration Or VAT /TIN Registration, Trade License and so on.
Proof of Business Existence	Income Tax Registration (Company PAN Card)
Proof of Identity of Business Owners and Authorised Signatory	Government-approved authorised signatory identity proof (like Aadhar Card/Voter Card/DL/Passport and so on.) Authorised signatory PAN Card details.

Following documents are required for KYC verification for Sole Proprietorship.

Proof Required	Supporting Documents
Proof of Business Identity and Existence	VAT Registration Or Shops and Establishments Certificate Or Trade License, TIN Or Sales Tax Registration Or GST Certificate.
Proof of Business Working	Current Account company bank statement (past three months) Or Cancelled cheque Or first page of settlement account
Proof of Identity of Business Owners	Income Tax Registration (PAN Card)
Proof of address of Business Owners	Government-approved identity and address proof of Proprietor (like Aadhar Card/Voter Card/DL/Passport.)