> ## Documentation Index > Fetch the complete documentation index at: https://razorpay-60c89f9a-mintlify-audit-missing-sections-1778528421.mintlify.site/llms.txt > Use this file to discover all available pages before exploring further. # KYC Documents for Companies and Businesses > Below are the business types supported by Razorpay and the KYC documents required for various businesses. **SUCCESS** **Understanding CKYC Verification** Central KYC Registry (CKYC) is a centralised government database maintained by CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest of India) containing verified KYC records of individuals and entities across all financial institutions. **CKYC Consent Process** Enter your Business PAN. Enter Date of Incorporation. Documents are auto-fetched. 4. Enter your Personal PAN. 5. If CKYC record exists → Enter the mobile number linked to the CKYC. 6. Enter the OTP from CKYC system. 7. Documents are auto-fetched. ## Business Types ### Razorpay supports the following business types: ## Business Type | Description \[columWidth="60"] | Example ## LLP | LLP stands for Limited Liability Partnership. It is a combination of partnership and corporation. The partners have limited liability, which means that the partners' personal assets are not used for paying off the company's debts. | Dental offices, auditing firms, financial advising services, business consultancies and so on. ## Partnership | A partnership is an arrangement between two or more people who agree to be the co-owners, distribute responsibilities for running an organisation and share the income or losses the business generates. | Law firms, physician groups, real estate investment firms and so on. ## Private Limited | A private limited company is a business entity held by a small number of people. It does not offer stocks for sale to the general public. | Google India Pvt. Ltd., Parle Products Pvt. Ltd., Malabar Gold Pvt. Ltd. and so on. ## Public Limited | A public limited company is a business entity that has limited liability and offers shares to the general public. | Bharat Heavy Electricals Ltd., Steel Authority of India Ltd., Oil and Natural gas Corporation Ltd. and so on. ## Sole Proprietorship | This business entity is owned, controlled and operated by a single individual who is the sole beneficiary of all profits or losses and responsible for all risks. | Small businesses such as a local grocery store, a local clothes store, an artist, freelance writer, IT consultant, freelance graphic designer and so on. ## Trust | A trust is a [fiduciary relationship](/payments/glossary#fiduciary-relationship) in which a [trustor](/payments/glossary#trustor) gives the [trustee](/payments/glossary#trustee) the right to hold title to property or assets for the benefit of a third party, the [beneficiary](/payments/glossary#beneficiary). Trusts are established to provide legal protection for the trustor’s assets. | A beneficiary may transfer property to a trustee and grant them the right to manage it. ## HUF | HUF stands for Hindu Undivided Family, which consists of all persons directly descended from a common ancestor, including their wives and unmarried daughters. A HUF cannot be created under a contract, it is created automatically in a Hindu Family.| Haldiram's Private Limited. ## Government Entity | A government entity includes an organisation owned or controlled by the central or state government or UTs. | Ministries, departments, PSUs and regulatory bodies like RBI or SEBI. ## Judicial Person | A judicial person is a non-natural entity recognised by law as having the capacity to have rights and obligations, similar to a human being. | Deities, universities or corporations established under special status. ## Local Authority | A local authority is a self-governing body responsible for local administration in a city, town or village. | Municipal corporations, panchayats and development authorities. ## Section 8 Company | A 'Section 8' Company is a type of non-profit company registered under Section 8 of the Companies Act, 2013 in India. | Tata Trusts, Infosys Foundation and Reliance Foundation. ## Individual/Unregistered Businesses | Small businesses being run by individuals that are not yet formally registered. | Professionals, freelancers, influencers, small offline stores or similar entities. Society | A society is an organisation formed by a group of individuals for the promotion of charitable, educational, religious or literary purposes. They are typically registered under the Societies Registration Act, 1860 in India. | Educational societies running schools/colleges, cultural societies, sports clubs or charitable organisations. ## KYC Documents Following is the list of Know Your Customer (KYC) documents Razorpay requires, to verify your KYC. You need to upload scanned photocopies (soft copies) of these documents. **Handy Tips** The PAN Card details and [authorised signatory](/payments/glossary#authorised-signatory) address proof, that is, Aadhar Card and Passport should be of the same person. ### Individual/Unregistered Businesses ## Proof Required | Supporting Documents Proof of Identity | **Auto-fetched from CKYC**. However, if CKYC fails, you must provide: - PAN card * Mobile number *** Proof of Address| **Auto-fetched from CKYC**. However, if CKYC fails, you must provide: - Digilocker verification or * Aadhaar/Photo id/Passport soft copies *** Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. ### Proprietorship ## Proof Required | Supporting Documents Proof of Business Identity and Date of Incorporation | MUST upload 2 from: - MSME/UDYAM Certificate * GST Certificate * Shop & Establishment Certificate * Import Export Code (IEC) * Postpaid Mobile Bill *** Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- ## Proof of Identity of Business Owners | PAN Card Proof of Identity and Address of Business Owners | - Government-approved Proprietor address proof (like Aadhar Card/Voter id/Passport) * `Mandatory` Power of Attorney (POA) ### Private Limited/Public Limited ## Proof Required | Supporting Documents Proof of Business Identity | **Auto-fetched from CKYC**. However, if CKYC fails, you must provide: - Certificate of Incorporation * CIN * `Mandatory` Memorandum of Association (MOA) * `Mandatory` Articles of Association (AOA) *** ## Proof of Business Existence | Business PAN Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details * Government-approved [authorised signatory](/payments/glossary#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) * `Mandatory` Board Resolution (BR) or Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN, Aadhar and Ownership % declaration) * `Mandatory` Declare all natural persons with **>10%** shareholding ### Partnership ## Proof Required | Supporting Documents Proof of Business Identity | - `Mandatory` Partnership Deed * `Mandatory` Partnership Registration Certificate (If Partnership is registered) *** ## Proof of Business Existence | Business PAN Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details * Government-approved [authorised signatory](/payments/glossary#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) * `Mandatory` Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN and Aadhar) * `Mandatory` Declare all natural persons with **>10%** shareholding ### LLP ## Proof Required | Supporting Documents Proof of Business Identity | - `Mandatory` Certificate of Incorporation/LLPIN/LLP Deed * LLP Partnership Deed *** ## Proof of Business Existence | LLP PAN Card Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details * Government-approved [authorised signatory](/payments/glossary#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) * `Mandatory` Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN, Aadhar and Ownership % declaration) * `Mandatory` Declare all natural persons with **>10%** shareholding ### Government ## Proof Required | Supporting Documents Proof of Business Identity and Existence | - `Mandatory` Gazette Notification Certificate * `Mandatory` Power of Attorney (POA) *** ## Proof of Business Existence | Business PAN Card Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- Proof of Identity of Business Owners and Authorised Signatory | - Government-approved [authorised signatory](/payments/glossary#authorised-signatory) identity proof (like Aadhar Card/Voter id/Passport) * Authorised signatory PAN Card details ### Trust ## Proof Required | Supporting Documents Proof of Business Identity and Existence | - Trust Deed * `Mandatory` Trust Registration Certificate (If Trust is registered) *** ## Proof of Business Existence | Trust PAN Card Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details * Government-approved [authorised signatory](/payments/glossary#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) * `Mandatory` Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN and Aadhar) * `Mandatory` Declare all natural persons with **>10%** shareholding ### HUF ## Proof Required | Supporting Documents Proof of Business Identity and Existence | - `Mandatory` Registered HUF Deed * `Mandatory` Power of Attorney (POA) *** ## Proof of Business Existence | Business PAN Card Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- Proof of Identity of Business Owners and Authorised Signatory | - Government-approved [authorised signatory](/payments/glossary#authorised-signatory) identity proof (like Aadhar Card/Voter id/Passport) * Authorised signatory PAN Card details ### Judicial Person ## Proof Required | Supporting Documents Proof of Business Identity and Existence | - `Mandatory` Gazette Notification Certificate * `Mandatory` Power of Attorney (POA) *** ## Proof of Business Existence | Business PAN Card Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- Proof of Identity of Business Owners and Authorised Signatory | - Government-approved [authorised signatory](/payments/glossary#authorised-signatory) identity proof (like Aadhar Card/Voter id/Passport) * Authorised signatory PAN Card details ### Local Authority ## Proof Required | Supporting Documents Proof of Business Identity and Existence | - `Mandatory` Gazette Notification Certificate * `Mandatory` Power of Attorney (POA) *** ## Proof of Business Existence | Business PAN Card Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- Proof of Identity of Business Owners and Authorised Signatory | - Government-approved [authorised signatory](/payments/glossary#authorised-signatory) identity proof (like Aadhar Card/Voter id/Passport) * Authorised signatory PAN Card details ### Section 8 Company ## Proof Required | Supporting Documents Proof of Business Identity | **Auto-fetched from CKYC**. However, if CKYC fails, you must provide: - Certificate of Incorporation * CIN * `Mandatory` Memorandum of Association (MOA) * `Mandatory` Articles of Association (AOA) *** ## Proof of Business Existence | Business PAN Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details * Government-approved [authorised signatory](/payments/glossary#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) * `Mandatory` Board Resolution (BR) or Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN, Aadhar and Ownership % declaration) * `Mandatory` Declare all natural persons with **>10%** shareholding ### Society ## Proof Required | Supporting Documents Proof of Business Identity and Existence | - Society Registration Certificate *** ## Proof of Business Existence | Society PAN Card Bank Details | - `Mandatory` Bank Account Number * `Mandatory` IFSC Code If bank verification fails, a video of a cancelled cheque must be provided. --------------------------------------------------------------------------- Proof of Identity of Business Owners and Authorised Signatory | **For Authorised Signatory**: - Authorised signatory PAN Card details * Government-approved [authorised signatory](/payments/glossary#authorised-signatory) address proof (like Aadhar Card/Voter id/Passport) * `Mandatory` Power of Attorney (POA) **For Business Owners (Self-Declaration)**: - `Mandatory` Ultimate Beneficial Owner (UBO) Declaration (Each UBO's PAN, Aadhar and Ownership % declaration) * `Mandatory` Declare all natural persons with **>15%** shareholding ## Additional Documents Depending on the line of business, we may also ask for additional certifications. ### List of additional certificates depending on your business category ## Business Category | Certificate ## OTC Products | FSSAI (Ayurveda, Health supplements) documents: Drug license/Pharma license/Form 20/Form 21/Form 20B/Form 21B and AYUSH ## Food Industry | FSSAI ## Herbal (Medicinal Purpose) | AYUSH (Manufacturing license - Form 24D) ## Advisory Firm (Stock Market) | SEBI (Certificate should be in the business name, not an individual’s name)/If the business type is proprietorship in this case - SEBI can be accepted in the proprietor's name. ## Venture Capital Fund Co. | SEBI (Certificate should be in the business name, not an individual’s name) ## Merchant Banking Co. | SEBI (Certificate should be in the business name, not an individual’s name) ## FOREX | FEMA Registration, FFMC Certificate (State-wise) Trust | 12A/80G or 10AC Income Tax link (Verify PAN number and entity name). Preferred: 80G or 10AC.- If 10AC is provided: Accept with email consent. * If 10A is provided: Undertaking letter required. *** ## Finance Support (Society Members) | NBFC ## Gold | 916 Hallmark/BIS Hallmark ## Silver | 925 Hallmark/Related Certification ## Platinum | PGI Certificate ## Diamond | GIA/SGL/IGI/HRD Certificate ## Gemstone | GII/IGI Certificate Insurance | IRDAI- Life Insurance * General Insurance * Health Insurance * Broker: Sample arrangement with any insurer. *** ## Mutual Fund | AMFI (Certificate should be in the business name, not an individual’s name) ## International Travel/Hotel | IATA ## Travel Agency: International | IATA/Signed copy of the service level agreement with an IATA-certified company ## Travel Agency: Train Tickets | IRCTC Agency Certificate (Required if not selling flight tickets and IATA not available) ## Internet Service Provider | TRAI/PMWANI/SLA ## SMS/Email/Telemarketing Co. | TRAI (For mobile network)/TRAI/PMWANI/SLA ## Banks/NBFCs/Money Lending | NBFC (Not applicable for Banks)/All types of Banks (including Payment Banks) ## Pre-paid/E-wallet, Cash/Smart Card | Non-bank PPI, Bank PPI ## Paper/Gift Voucher | RBI ## Aircraft Maintenance Related Service | DGCA ## Flight Operators | Scheduled Operators/Non-Scheduled Operators ## Chit Funds | Operated by Government or PSU companies post approval from Risk ## Housing Finance Companies | National Housing Banks ## Nidhi Companies | Nidhi Certification ## Gaming | Independent Legal Opinion stating it is a ‘Game of Skill,’ not ‘Game of Luck.’ /Gaming MSA + Undertaking ## University/Education Sector | UGC Certificate/ICSE/CBSE/AICTE affiliation certificate. ## Web host/Domain seller | PCI-DSS Prescription basis medicines | Pharmacy or Retail/wholesale Drug License, Form 20/21/20B/21B (whichever is applicable). ### Related Information * [Submit KYC details](/payments/set-up#2-submit-kyc-details) * [Frequently Asked Questions (FAQs)](/payments/faqs)