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Public/ Private Limited Company

Public/ Private Limited Company
2

Limited Liability Partnership (LLP)

Limited Liability Partnership (LLP)
3

Trust, Associations, Societies and Club (TASC)

Trust, Associations, Societies and Club (TASC)
Watch Out!This is currently unavailable for Sole Proprietorships and Partnerships.Get in touch with your POC from Razorpay or reach out to our support team to assist you with Axis Bank Current Account opening, powered by RazorpayX.

Current Account Opening Required Documents

Given below is the list of required documents:

S. no. | Document | Description

1 | - Memorandum of Association (MoA)
  • Article of Association (AoA)
  • Certificate of Incorporation (CoI) | Self-attested hard copy required.

    2 | Company PAN copy | Self-attested hard copy required.

    3 | MCA Master copy | Self-attested hard copy required.

    4 | GST Certificate | All 3 pages. Self-attested hard copy required.

    5 | IE Certificate | If applicable.

    6 | Board resolution (on letterhead of the firm) | Verifiable digitally signed documents are accepted. Signature required from any 2 Directors or Company Secretary.

    7 | Board resolution of Trustee as per agreement (on letterhead of the firm) | Signed and sealed.

    8 | Annexure II | Additional KYC declaration.

    9 | Annexure III | Additional Information on Key Officials.

    11 | KYC & Account Opening form | All Signatories/ Directors / members signing Escrow agreement. Self-attested.

    12 | KYC & Account Opening form | All Signatories/ Directors / members of 2nd party signing Escrow agreement. Self-attested.

    13 | Share Holding Pattern (on letterhead of the firm) | Self-attested hard copy required.

    14 | Existing credit details |

    15 | Account Opening Form |

    16 | Director’s/Authorized Signatory “For” seal of company. |

    17 | Account Opening Cheque from Existing Bank Account. |

    18 | BO Declaration |

    19 | CANEG Schedule of Charges (Current Account for New Economy Group or CANEG is an account designed by Axis Bank for E-commerce and Start-up companies which leverage technology to create innovative solutions) |

    20 | List of Directors (on the letterhead) |

    21 | Signatory KYCs |

    22 | PAN copy | Self-attested hard copy required.

    23 | Passport Size photograph | Self-attested hard copy required.

    24 | Aadhar copy / DL / Passport (Clear in words and image) | Self-attested hard copy required.

Required Authorised Signatory Details

  • Email ID
  • Mobile number
  • City of Birth
  • Mother’s name
Share the soft copy of company documents and signatory’s KYC with us to prepare the Account Opening Form (AOF). A rectangular stamp with the correct company name would also be required. The assigned Relationship Manager from Axis Bank will assist you through the process.

Escrow Account with Axis Bank

You can open an Axis Current Account powered by RazorpayX for Escrow. All the requirements mentioned above are needed along with:
  • The Escrow Agreement, signed by all 3 parties.
    • The Email Indemnity Clause as an annexure to Escrow Agreement.

Account Linking Process Required Documents

To enable API, you require the following documents:
  • IDP Form.
  • Board resolution on company letterhead with seal and signature, signed by any 2 Directors.
  • Payment terms & conditions to be executed on ₹200 stamp paper (for Bangalore). Stamp paper value is state-specific.
  • Pre-authorised letter on the Company letterhead.
  • TSP Letter on the company letterhead.
  • SFTP statement request letter.
To enable UPI, you require the following documents:
  • GST customer communication on company letterhead with seal and signature.
  • UPI enrolment form signed on all pages,
  • UPI merchant agreement to be executed on ₹200 stamp paper (for Bangalore). Stamp paper value will be state-specific.
  • UPI Mapping letter; to be used for mapping corporate code on UPI, on company letterhead, sealed and signed by the authorised signatory.
  • MMM file containing organisation details.
  • Your business use case for UPI.
Open a Current Account