KYC

KYC [ Know Your Customer ]

Documents Required for Photo Identity

Aadhar / UIDAI Card and 3 Passport Size Photo Are Required.

An Identity Card laminated, bearing seal and signature of issuer preferably Government, Semi – Government, Local Authority, Corporate Employer, Educational Institute, Banker Etc.

  • Election Identity Card.
  • Letter from District Magistrate for Election Commission.
  • PAN Card.
  • Pass Port.
  • Driving License.

Address Proof

  • Ration Card.
  • Electricity Bill.
  • LIC Premium Payment Receipt.
  • Latest letter received from Post Office.
  • Telephone Bill.
  • Election Identity Card.
  • PAN Card.
  • Passport Number.

Individual

  • Any of the photo identity cards or letters from a recognized public authority or public servant which verifies the identity.
  • Any document verifying current and permanent address, office address - in details Recent Photos.

Proprietary Concern

  • KYC documents for proprietor as individual.
  • Proof of legal / commercial name, address and activity of the business concern such as registration certificate, Certificate of Institute of CAs, CWAs, CSs, Medical Council, SSI Registration.
  • Necessary certificates considering nature of business .. FDA License, PCB License etc.

Companies

  • Certificate of Registration.
  • Certificate of Commencement of Business.
  • Memorandum and Articles of Association.
  • Board Resolution for opening Account.
  • Power of Attorney [ Duly registered ] in favor of person/ persons, authorizes.
  • Operate the account and to transact the business on behalf of the company.
  • Usual documents of address proof of the principal office / branch office of the company.
  • Usual proofs of identity and address for those persons authorized to operate and transact.
  • Telephone Bill.

Partnership Firm

  • Certificate of Registration.
  • Partnership Deed.
  • Officially Valid document certifying and verifying the authority of person / persons.
  • to operate and transact on behalf of the firm
  • Usual KYC documents for partners.
  • Address proof of the firm.
  • Business License / registration certificates according to the Business.
  • Telephone Bill.

Limited Liability Firm

  • Incorporation documents under provisions of Section 11.
  • Certificate of Registration, signed by the Registrar and bearing his official seal.
  • Limited liability partnership agreement.
  • Usual KYC documents for partners.
  • Business License / registration certificates according to the Business.

Trusts And Foundations

  • Registration Certificate Under S. R .Act and P. T. Act.
  • Trust / Foundation deed.
  • Officially valid documents certifying and verifying the authority of person/s to .
  • Operate and transact on behalf of trust / foundation.
  • KYC documents for trustees, settlers, beneficiaries and signatories.
  • Managing Committee Resolution for opening of account.
  • Latest change report verifying the latest list of trustees.
  • Telephone Bill.

Unincorporated Association or Body of Individuals

  • Resolution of managing body.
  • Power of attorney to transact on behalf of association / body.
  • Officially valid documents for holding power of attorney.
  • Such documents as may be required by the Bank to establish collective identity of the association / body.
  • Undertaking by all members to constitute the group.
  • Usual KYC documents for persons concerned.

Co - operative Society

  • By Laws Certificate of Registration and Commencement of Business under State or Multistate co-operative act.
  • Board resolution authorizing opening of an account.
  • Resolution appointing person/s to operate the account and verifying the specimen signature.
  • Usual KYC documents for persons concerned.

Quick Links

Contact Us

  • Pravara Sahakari Bank Ltd A/P. Loni, Tal.Rahata, Dist.Ahmednagar. Pin : 413 736.
  • 02422-273516, 273517, 273518
  • hrdept@pravarabank.com
Facebook Twitter Youtube

Our Location

© 2021 Pravara Sahakari Bank Ltd. Loni Bk. All rights reserved.

Designed By Naxert Infotech