KYC Documents

Points to be taken care While Providing KYC Documents:

  • These are the documents required to initiate Merchant onboarding
  • In the initial phase We will require scanned photocopies (soft copies) of these documents
  • Each and every proof submitted for on-boarding must be self-attested.
  • In case, of any errors or omissions on the part of the Merchant agreement, an applicant needs to confirm the corrections by putting his countersigned.
  • All Business documents should be duly signed & acknowledged with the company stamp.

Club / Societies / Association

Sr. no Supporting Documents Important Point for right KYC
1 Proof of Identity of: -
Copy of PAN card of Club & Association
Duly attested as "True Copy" by authorized signatory with club/association Stamp.
2 Individual Address Proof: -
Copy of Driving license or Aadhaar card or Passport or Voter id (All committee members)
Duly attested as "True Copy" by authorized signatory with society / club or association Stamp.
3 Address proof of Club / Societies Registration certificate 80 G Certificate issued under Income Tax Act Duly attested as "True Copy" by club / Society / Association Stamp and authorized signatories.
4 A Cancelled Cheque For Nodal Bank registration, account in which you will receive a daily Settlement amount.
5 General body resolution for appointment of office bearer’s List of member/ authorized signatory certified.
6 The Merchant Agreement a) All the pages are duly signed and stamped by the merchant.
b) Franked for the value of Rs 300/-
7 Copy of Bye-Laws Copy of Society Deed / Government Certificate. Duly attested as "True Copy" by club / Society / Association Stamp and authorized signatories.

NGOs/ Charitable Trusts

Sr. no Supporting Documents Important Point for right KYC
1 Proof of Identity of: -
Copy of PAN Card (Trust & All Trustees)
Duly attested as "True Copy" by authorized signatory with Trust/NGOs Stamp.
2 Individual Address Proof: -
Copy of Driving license or Aadhaar card or Passport or Voter id (All Trustees)
Duly attested as "True Copy" by authorized signatory with Trust Stamp.
3 Trust Address proof Copy of your Landline telephone bill OR electricity bill OR Bank Statement Duly attested as “True Copy” by authorized signatory with Trust Stamp.
4 A Cancelled Cheque For Nodal Bank registration, account in which you will receive a daily Settlement amount.
5 Trust Resolution from the Board of Directors/Trustees on NGO’s letterhead Duly attested as “True Copy” by two trustees with Trust Stamp
6 Audited balance sheet & P/L statement for last 2 years) & Current a/c statement for last one year (Trust) duly attested. Details of donations received should be highlighted in the statement copy
7 The Merchant Agreement a) All the pages are duly signed and stamped by the merchant.
b) Franked for the value of Rs 300/-
8 Trust Deed / Memorandum Of Understanding (MOU) Duly attested as "True Copy" by authorized signatory with Trust Stamp.

Partnership and Partnership Limited Liability

Sr. no Supporting Documents Important Point for right KYC
1 Proof of Identity of: -
Copy of PAN card (Firm & All Partners)
Duly attested as "True Copy" by All Partners with Firm Stamp.
2 Individual / Partner’s Proof: -
Copy of Driving license or Aadhaar card or Passport or Voter id (All Partners)
Duly attested as "True Copy" by authorized signatory with Firm Stamp.
3 Proof of Business Address of Operating Office Copy of your Landline Telephone Bill OR Electricity Bill OR Bank Account Statement duly attested as “True Copy” by All Partners with Firm Stamp
4 Financial Proof Current Account: - Bank Account Statement for last 6 months OR Audited Balance sheet & P & L statement for the last 2 years Duly attested as "True Copy” by authorized signatory with Firm Stamp.
5 A Cancelled Cheque For Nodal Bank registration, account in which you will receive a daily Settlement amount.
6 Certificate of Incorporation Duly attested as "True Copy" by authorized signatory with Firm Stamp.
7 Board Resolution on your Firm’s Letterhead Require in Agreed Format. Board resolution applicable in case of LLP only (on letterhead of LLP) a resolution passed in favour of authorized signatory.
8 List of the Partners (On Firms’ Letter Head) Information required of all Partners:
a. Name
b. DOB
c. PAN Card
9 The Merchant Agreement a) All the pages are duly signed and stamped by the merchant.
b) Franked for the value of Rs 300/-
10 Copy of Partnership Deed In case of LLP Firm Limited Liability Partnership Agreement Duly attested as "True Copy" by All Partners with Firm Stamp. The partnership deed should include all partner’s names and shared details.

Private Limited/Public Limited

Sr. no Supporting Documents Important Point for right KYC
1 Proof of Identity of: -
Copy of PAN card (Company & All Directors)
Duly attested as "True Copy" by authorized signatory with Company Stamp.
2 Individual / Director Proof: -
Copy of Driving license or Aadhaar card or Passport or Voter id (All Director)
Duly attested as "True Copy” by authorized signatory with Company Stamp.
3 Proof of Business Address of Operating Office Copy of your Landline Telephone Bill OR Electricity Bill OR Bank Account Statement duly attested as "True Copy" by authorized signatory with Company Stamp.
4 Financial Proof Current Account: -
Bank Account Statement for last 6 months OR Audited Balance sheet & P & L statement for the last 2 years
Duly attested as "True Copy” by authorized signatory with Company Stamp.
5 A Cancelled Cheque For Nodal Bank registration, account in which you will receive a daily Settlement amount.
6 Board Resolution on your Company Letterhead Required in Agreed Format. Board Resolution: Has to be signed by minimum two directors/ company secretary.
7 List of Director Information required of all directors:
a. Name
b. DOB
c. PAN Card
d. Signature
8 The Merchant Agreement a) All the pages are duly signed and stamped by the merchant.
b) Franked for the value of Rs 300/-
9 Memorandum / Articles of Association and Certificate of Incorporation. (1st and Last 3 Pages) Duly attested as” True Copy “on 1st & last three pages by authorized signatory with the company stamp.

Sole Proprietor

Sr. no Supporting Documents Important Point for right KYC
1 Proof of Identity of: -
Copy of PAN card (self), Driving license or Aadhaar card, or Passport or Voter id
Duly attested as “True Copy” by you with Sole Proprietor stamp
2 Proof of Business Address of Operating Office: -
Copy of your Landline Telephone Bill OR Electricity Bill, Bank Account Statement OR Passbook
Duly attested as “True Copy” by you with Proprietor stamp.
3 Proof of Business Address of Operating Office Any of the following documents:
a) Registration certificate (in the case of a registered concern)
b) Certificate/license issued by the Municipal authorities under Shop & Establishment Act
c) Sales and income tax returns
d) GST certificate
e) Certificate/registration document issued by Sales Tax/Service Tax/Professional Tax authorities
Duly attested as “True Copy” by you with Sole Proprietor stamp.
Exception: -
For Proprietor account who do not even have a Shop-Act or “Gomasta” license, we can use their personal bank account as a Nodal account however the Nodal letter should be in order or their cancelled cheque should show their name printed on it.
4 Financial Proof Current Account: -
Bank Account Statement for last 6 months OR Audited Balance sheet & P & L statement for the last 2 years
Duly attested as “True Copy” by you with Sole Proprietor stamp .
5 A Cancelled Cheque For Nodal Bank registration, account in which you will receive a daily Settlement amount.
6 The Merchant Agreement a) All the pages are duly signed and stamped by the merchant.
b) Franked for the value of Rs 300/-

Note: – In order to ensure smooth processing and speedy integration -we advise all our clients to go through the aforesaid list and keep them ready.