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.

Forms Required🔗

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

Documents Required🔗

Investment services account (ISA) KYC documents for:

Sl. No.	Documents
1	Partnership declaration signed by all the partners.
2	Partnership PAN card.
3	Valid address proof in the name of the entity. List of acceptable documents (any 1).
4	Mode of operation (MoP) letter signed by all Partners.
5	Beneficiary owner (owns 15% of the shares). CIF and Investment Services Account (ISA) for the person / people.
6	Certified 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.
7	Covering Letter (Attach to INR 600 duty stamp paper challan).
8	ICV - Cheque of minimum amount INR 20,000 in the entity's name.
9	Internet Banking Letter.