Current Account Documents - Trust or Society - Razorpay

Available in🇮🇳 India

This page has information on the documents required for a Trust or Society to open a Current Account using RazorpayX in partnership with RBL/Yes Bank.

Handy TipsIn a trust, the trustee(s) who ultimately control the trust’s assets or decision-making process are considered as the Beneficial Owners.

Forms Required

Sl. No.	Forms
1	Account Opening Form and Customer Information Form(CIF) for the trust.
2	Individual CIF Forms of Trustees/Beneficial Owners/Authorised Signatories.
3	Corporate internet banking application.
4	FATCA Declaration.
5	Credit Exposure Declaration.

Documents Required

Sl. No.	Documents
1	Trust Deed.
2	PAN Card Copy.
3	Address Proof (in the name of the entity).
4	Board Resolution mentioning account opening and operation.
5	List Of Trustees.
6	Beneficial Owner Declaration.
7	Resolution/Minutes of Meeting with Razorpay Clause, preferably in the prescribed format.
8	Cheque in the name of the Trust.

Download all forms and documents Open a Current Account