Documents You Need to Open a Kotak mahindra bank current account

Below are the key documents needed to open a Kotak mahindra bank current account. All documents should be self-attested.

1. Sole Proprietorship

• Proof of Business Activity (any two):
  • Shop and Establishment Act certificate/license
  • GST/CST/VAT certificate
  • Sales Tax/Service Tax/Professional Tax registration
  • Importer Exporter Code (IEC) from DGFT
  • Complete Income Tax Return (authenticated, not just acknowledgement)
  • TAN allotment letter from NSDL
  • Utility bills (electricity, water, landline)

2. Sole Partnership Firms

• Proof of Business Activity (any two):
  • Firm's PAN card
  • Partnership Deed
  • Importer Exporter Code (IEC) from DGFT
  • Registration certificate or government-issued certificate (name, address, activity)
  • Partnership declaration in bank format, signed by all partners
  • Beneficial owner details and KYC documents

3. Limited Liability Partnership (LLP)

• Firm's PAN card
• LLP Agreement
• Certificate of Incorporation from Registrar of Companies
• Resolution for account opening

4. Hindu Undivided Family (HUF)

• HUF PAN card
• HUF declaration, signed by all co-parceners, naming the Karta

5. Public or Private Limited Companies

• Company's PAN card
• Certificate of Incorporation
• Certificate of Commencement of Business (for Companies Act 1956 companies)
• Updated Memorandum & Articles of Association
• Board Resolution for account opening on company letterhead
• Shareholding pattern list on company letterhead
• Proof of principal place of business/registered office/mailing address
• Director's list and beneficial owner details with KYC documents

Keep in Mind

• The bank may request additional documents based on specific needs.
• Check Kotak mahindra bank current Account mahindra bank current Account Mahindra Bank’s official documentation for the latest requirements.
• Prepare these documents in advance for a seamless account opening process.