What is the general documentation requirement to open an Institutional Savings Account

The following documents are required: Account opening form for non-individuals to be completed and signed by all authorized signatories Registration proof with any state regulatory authorities Certificate of Registration with the Local Charities Commissioner (for charitable trusts) Income Tax registration u/s 12A for entities as specified in RBI circular Certified Copy of the Trust Deed / Bye-laws / MOA/ Constitution Proof of address of the Trust Certified Copy of the Resolution from Board of Trustees / governing body defining who is going to be the authorized signatory in the account / authorizing the opening and conduct of the account Proof of appointment of present Trustees/ governing body members in case they are not listed in the Trust Deed / bye-laws / constitutional document PAN Card / Form 60 as may be applicable FCRA declaration for receipt / non-receipt of foreign contribution into the account Beneficial Ownership declaration (only for Trusts) Proof of identity and photographs of all trustees authorised to operate the account View more

What is the general documentation requirement to open an Institutional Savings Account

The following documents are required: Account opening form for non-individuals to be completed and signed by all authorized signatories Registration proof with any state regulatory authorities Certificate of Registration with the Local Charities Commissioner (for charitable trusts) Income Tax registration u/s 12A for entities as specified in RBI circular Certified Copy of the Trust Deed / Bye-laws / MOA/ Constitution Proof of address of the Trust Certified Copy of the Resolution from Board of Trustees / governing body defining who is going to be the authorized signatory in the account / authorizing the opening and conduct of the account Proof of appointment of present Trustees/ governing body members in case they are not listed in the Trust Deed / bye-laws / constitutional document PAN Card / Form 60 as may be applicable FCRA declaration for receipt / non-receipt of foreign contribution into the account Beneficial Ownership declaration (only for Trusts) Proof of identity and photographs of all trustees authorised to operate the account View more