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Why we picked it A practical, India-specific checklist of what a bank actually asks a private limited company for once you are incorporated: incorporation certificate, board resolution naming the authorized signatory, PAN, and KYC for the directors. It sets expectations so the account-opening visit does not stall on a missing document. Use it as a starting point and confirm the exact list with your chosen bank, since requirements vary slightly by bank.
How to Open a Current Bank Account for a Private Limited Company
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- A board resolution naming who can operate the account is central, not optional, for a private limited company.
- Keep the incorporation certificate, MOA/AOA, company PAN, and each director's KYC ready before you apply.
- The final list varies by bank, so ring-check your bank's requirements against this checklist first.