StartUp BuildUp Program

• The documents required to open a Startup Current Account may vary depending on the kind of business you own and the kind of Current Account you wish to open. Please go through the documents required before beginning your application process 

Address proof (Common to all Current Account Types) 

• Passport 
• Permanent Driving license  
• Election/Voter ID card issued  
• Aadhaar card  
• NREGA Job card signed by an officer of the State Government 
• Letter issued by the National Population Register containing details of name & address 

Sole Trading Proprietorships 

Category A (government issued documents) 

License / registration certificate issued, in the name of the entity, by / under: 

• Municipal authorities such as Shop & Establishment certificate / Trade License 
• Registering authority in the name of practicing firm like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India and Institute of Company Secretaries of India, 
• Indian Medical Council 
• Food and Drug Control Authorities 

Category B (other documents) 

• Latest Professional Tax / GST Returns filed in name of firm, duly acknowledged. Profession Tax/GST Returns cannot not be accepted along with registration certificate under respective acts e.g. Professional Tax/GST Return cannot be accepted with Professional Tax /GST Registration Certificate). 
• TAN Allotment Letter, in name of firm / proprietor (subject to firm’s name appearing in address) or TAN registration details (available online). 
• Bank account statement, in the name of firm, for last six months with satisfactory operations subject to obtaining IP cheque from the same account provided this account is maintained with a Nationalized / private / foreign bank or Regional Rural / Cooperative Banks (for customers in rural / village areas). This document cannot be accompanied with ITR as Category A document. 
• Certificate issued by a Chartered / Cost Accountant (as per Annexure – G) confirming existence of the firm, containing name and address of firm along with name of the proprietor. The name of Chartered / Cost Accountant to be validated from chartered / cost accountants’ directory. In case Certificate has been issued by Chartered Accountant, certificate to contain UDIN number which needs to be verified by the Branch in ICAI website and attach printout of verification carried out. 
• *Note* This is only indicative list.  

Limited Liability Partnerships 

• Incorporation Document, Limited Liability Partnership Agreement 
• Certificate of Incorporation 
• List of all existing Designated Partners of LLP along with Designated Partner Identification Number (DPIN) issued by the Central Government 
• Resolution passed at the meeting of Designated Partners for the particular relationship, which the LLP plans to have with the bank 
• KYC of Designated Partners/Authorised Signatories 

Private Limited Company 

• Memorandum of Association (MOA) 
• Articles of Association (AOA) 
• Certificate of Incorporation 
• Latest list of directors duly signed by any Director/Company Secretary /Authorised Signatory 
• Board Resolution (BR) duly signed by the directors of the company 
• INC-21 and INC-20A will be required as applicable 

Limited Companies 

• Passport  
• MAPIN card [issued by NSDL] 
• PAN card 
• Election /Voter’s card + Self-signed cheque drawn on Nationalized/Private Sector/ Foreign Banks 

Photo ID card issued by: 

• Central Government or any of its Ministries. 
• Statutory / Regulatory authorities 
• State Govt. or any of its Ministries 
• Public Sector Undertaking (established under GOI or State Govt.) 
• State Govt. of J&K1 
• Bar council 
• Senior Citizen card issued by State/Central Govt. 
• Govt. of India to Persons of Indian Origin [PIO card] 
• Defence Dept. / Ministry of defence for Defence personnel & their dependents 
• Public Financial institutions / Public sector banks 
• Permanent Driving license [not expired] - subject to being accompanied by a Self-signed cheque drawn on 
• Nationalised/ Private Sector / Foreign Banks

Self-Employed & Others 

• Please fill in the enquiry form and await a call back to start the Account Opening Process for your Startup Current Account. 

Bank Branch 

• Please complete the requisite form and share it with your banker. They will guide you on the next steps.

• Average Quarterly Balance (AQB) - ₹50,000/-
• Non-Maintenance Charges (per Quarter) - ₹3,000/- per quarter.
• IP requirement – ₹50,000/-
• Click here to read fees & charges in detail.

• *The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.