Most banks in India ask for a similar set of documents to open a current account for a newly registered Company. Requirements vary slightly by bank, but this covers what's typically needed:
Standard documents
- Certificate of Incorporation
- Memorandum & Articles of Association (PVT. LTD./OPC) or LLP Agreement (LLP)
- PAN card of the Company
- Board resolution authorising the account opening and signatories
- Identity & address proof of Directors/Partners and authorised signatories
- Registered office address proof
Where a Company stamp comes in
Most banks expect the Company's Authorised Signatory stamp and DIRECTOR/PARTNER stamp on the account-opening form and board resolution. Without one, account opening can be delayed while a stamp is arranged separately.
Timing
Since stamps typically take 1–2 days to reach metro cities (2–4 days elsewhere), most Companies arrange theirs the same day they receive their Certificate of Incorporation, so they're ready before the bank visit.
Related reading: PVT. LTD., LLP, OPC, or Partnership Firm stamp requirements.