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LIST OF OFFICIALLY VALID KYC DOCUMENTS

Resident Individuals

ACCEPTABLE KYC DOCUMENTS

Valid List of Documents for Proof of Identity & Address

  • Voter ID Card
  • Passport
  • Driving License
  • NREGA Job Card & Others
  • Letter issued by National Population Register containing details of name, address
  • UID (Aadhaar), provided authenticated using e-KYC mode (Biometric or OTP based)

Mandatory Documents

  • Permanent Account Number (PAN) or Form 60 (as applicable ) is mandatory
  • AADHAAR* is a mandatory requirement for opening an account of an Individual who is Resident in India (except for Residents domiciled in the State of Jammu & Kashmir, Assam and Meghalaya).

*If the Resident customer has not been assigned an AADHAAR Number, the customer should submit a copy of the application of AADHAAR which should not be more than 6 months old as on the date of opening the account.

Please contact your nearest YES BANK branch for more details

 

Non Resident Individuals

ACCEPTABLE KYC DOCUMENTS

Valid List of Documents for Proof of Identity & Address

  • Voters ID Card
  • Passport
  • Driving License
  • NREGA Job Card & Others
  • Letter issued by National Population Register containing details of name, address
  • UID (Aadhaar)*, provided authenticated using e-KYC mode (Biometric or OTP based)
*Requirement of AADHAAR number or Copy of acknowledgement for application for enrolment for Aadhaar will not apply to Non Resident Indians (NRI’s).

Mandatory Documents

  • Permanent Account Number (PAN) or Form 60 (as applicable ) is mandatory

Please contact your Relationship Manager or any YES BANK branch for more details

 

Non Individuals

ACCEPTABLE KYC DOCUMENTS

Entity Type

Documents

TRUST

  • Entity proof and Address proof Documents of the Entity.

  • Trust Deed signed by at least 2 managing / authorized trustees &

  • Certificate of registration with Registrar of Trusts or Deputy / Assistant Charity Commissioner / PF Commissioner (in case of PF Trust) &

  • PAN card in the name of the Trust &

  • Certified copy of the Resolution to open/maintain the Bank account signed by the chairperson/secretary/ 2 authorised signatories

  • Trust Declaration.

STATUTORY CORPORATIONS

  • Entity proof and Address proof of the Entity.

  • Resolution for account opening: A request letter with the entity seal / letter head of the entity shall suffice.

  • Entity proof like Govt. Notification, Letter from the ministry acknowledging the constitution of the entity, etc.

  • PAN Card or Form 60 to be taken as applicable for the entity.

SOLE PROPRIETOR

  • Two Entity proofs and One Address proof of the Entity.

  • PAN card of the Proprietor is compulsory.

SOCIETY

  • Entity proof and Address Documents of the Entity.

  • Certified copy of certificate of registration of the society signed by the Secretary / Chairperson / President / Member of the Managing Committee.

  • Certified copy of Rules and By-Laws of the institution signed by the Secretary / Chairperson / President / Member of the Managing Committee.

  • PAN card in the name of the Society.

  • Certified copy of the resolution to open the account signed by the chairperson/secretary/ president/ 2 authorised signatories.

  • Society's memorandum of association and rules and regulations.

SECTION 25 COMPANY

  • Entity proof and Address proof of the Entity

  • Trust Deed signed by at least 2 managing/authorized trustees &

  • Certificate of registration with Registrar of Trusts or Deputy / Assistant Charity Commissioner / PF Commissioner (in case of PF Trust) &

  • PAN card in the name of the Trust &

  • Certified copy of the Resolution to open/maintain the Bank account signed by the chairperson/secretary/ 2 authorised signatories.

  • Trust Declaration.

PRIVATE LIMITED COMPANY

  • Entity proof and Address proof of the Entity

  • Memorandum of Association ( MOA ) or e-form INC 33** AND

  • Articles of Association (AOA ) or e-form INC 34** AND

  • Certificate of Incorporation AND

  • Board Resolution (BR) -duly signed AND

  • PAN Card in the name of the company AND

  • Any documents as mentioned above (except BR) containing address will be acceptable as address proof also.

PUBLIC LIMITED COMPANY

  • Entity proof and Address proof of the Entity.

  • Memorandum of Association ( MOA ) or e-form INC 33** AND

  • Articles of Association (AOA ) or e-form INC 34** AND

  • Certificate of Incorporation AND

  • Board Resolution (BR) - duly signed AND

  • PAN Card in the name of the company AND

  • Certificate of Commencement of Business OR Form INC-21 & INC 22 along with the challan for Companies registered under the Companies act 2013 prior to May 26, 2015 OR Form INC 29 or INC 22 along with the challan for Companies incorporated post the Companies (amendment) act, 2015 coming in to force on or after the 26th May, 2015 or e-form INC 32** along with ROC challan

  • Any documents as mentioned above (except BR) containing address will be acceptable as address proof also.

PARTNERSHIP FIRM

  • Entity proof and Address proof of the Entity.

  • Partnership declaration to be obtained on the Bank’s Format, signed by all partners.

  • The latest partnership deed.

MUTUAL FUNDS COMPANY/Banks (other than co-operative banks) / Insurance Cos / Financial Institutions (except brokers)

  • Entity proof and Address proof of the Entity.

  • Entity constitution document from the Regulator.

  • Board Resolution stating authority of account opening and operation.

  • List of authorized signatories with specimen signatures.

  • PAN Card.

  • Copy of RBI license in case of Bank/NBFCs.

LIMITED LIABILITY PARTNERSHIP

  • Entity proof and Address proof of the Entity

  • Copy of Joint venture agreement; and

  • Project/Contract award letter; and

  • PAN card of the joint venture; and

  • Latest Board Resolution.

INSURANCE COMPANY

  • Entity proof and Address proof of the Entity.

  • Copy of FII / Sub account approval obtained from SEBI.

  • Copy of Pan Card for the investing entity (FII or sub account).

  • Constitution documents depending on the type of entity. E.g. MOA/AOA and certificate of incorporation for a Company, Trust Deed for a Trust, Laws/Bye Laws /Government notification for a Multilateral agency, University fund etc and beneficial ownership details as per the type of entity.

  • Board resolution / resolution by the proper authority of the entity to invest in India and open the account along-with the Authorised Signatory list.

HUF

  • Entity proof and Address proof of the Entity.

  • HUF Declaration duly signed by all adult Co-parcerners and naming the Karta, who would be authorised to operate the account &

  • Karta’s ISA as per as applicable for KYC of individuals &

  • HUF Deed (If available) &

  • PAN in the name of HUF.

GOVERNMENT DEPARTMENTS/ Undertakings, Statutory Corporations and Bodies, Quasi / Self Regulators

  • Entity proof and Address proof of the Entity.

  • Resolution for account opening: A request letter with the entity seal/ letter head of the entity shall suffice.

  • Entity proof like Govt. Notification, Letter from the ministry acknowledging the constitution of the entity, etc.

  • PAN Card or Form 60 to be taken as applicable to the entity.

FOREIGN COMPANY

  • Entity proof and Address proof of the Entity.

  • FPIs concerned should submit an undertaking that upon demand by Regulators/ Law Enforcement Agencies and as and when required the relative exempted document/s would be submitted to the Bank.

  • Board resolution / resolution by the proper authority of the entity to invest in India, open the account and mode of operation.

FOREIGN BODY

  • Entity proof and Address proof of the Entity.

  • Copy of the SEBI Registration.

  • Copy of the PAN card and to be verified with the PAN site.

  • KYC as per the type of entity as stated in the Bank’s KYC / AML Policy.

FINANCIAL INSTITUTIONS

  • Entity proof and Address proof of the Entity.

  • Copy of the SEBI Registration.

  • Copy of the PAN card and to be verified with the PAN site

  • KYC as per the type of entity as stated in the Bank’s KYC/AML Policy.

ASSOCIATION

  • Entity proof and Address proof of the Entity.

  • Certified copy of certificate of registration of the society signed by the Secretary / Chairperson / President / Member of the Managing Committee.

  • Certified copy of Rules and By-Laws of the institution signed by the Secretary / Chairperson / President / Member of the Managing Committee.

  • PAN card in the name of the Society.

  • Certified copy of the resolution to open the account signed by the chairperson/secretary/ president/ 2 authorised signatories.

  • Society's memorandum of association and rules and regulations.

Co-operative Banks

(CASA accounts & FD’s)

  • Entity proof and Address proof of the Entity

  • RBI licence and Registration certificate from State Registrar for Co-operative Societies or Central Registrar for Co-operative Societies in case of Multi-state Co-operative Bank &

  • Board Resolution not older than Six months stating authority of account opening and mode of operation duly signed by two members from Managing Committee /Governing Committee/Any other Governing body.

  • List of authorized signatories with specimen signatures.

  • PAN Card.

Unincorporated Associations/Body of Individuals

  • Entity proof and Address proof of the Entity.

  • List of name and address of the members of the managing committee/ governing body signed as per the provisions of the constitutional document of the entity.

  • Certified copy of the resolution to open the account signed as per the provisions of the constitutional document.

Embassy/High Commission Accounts

  • Entity proof and Address proof of the Entity.

  • Letter from Ministry of External Affairs (MEA) – Protocol Division – This letter is a permission to open an embassy / consulate in India.

  • Letter from Ambassador / Finance attaché/Consul general/High commission duly signed with the consulate seal stating intention to open the account with Bank, the names of the authorised signatories and also operating instructions of the said account. (This will work as BR).

  • I&S Documents of the signatories to the account and those signing on letter mentioned above (Ambassador / Finance attaché) – Copy of Diplomatic Passport and Diplomat card issued by MEA, Govt. of India.

  • Form 60

  • The credentials of the Ambassador to be confirmed by taking a download from the Ministry of External affairs website (http://meaprotocol.nic.in/).

Unincorporated Joint Venture

  • Entity proof and Address proof of the Entity.

  • Copy of Joint venture agreement; and

  • Project/contract award letter; and

  • PAN card of the joint venture; and

  • KYC of the companies as per existing KYC policy – MOA, AOA, COI, List of directors, Shareholding pattern, PAN Card and Board resolution for opening the account; and

  • Address Proof in the name of Joint Venture (Any documents as mentioned above (except BR) containing address will be acceptable as address proof also).

Alternate Investment Fund(AIF)

  • Entity proof and Address proof of the Entity.

  • Agreement between the Investment manager and the entity if an investment manager is appointed.

  • Resolution on the entity letter head for opening a current account in the name of the AIF.

  • SEBI registration certificate in the name of the Fund.

  • PAN card of the Fund.

Alternate Investment Fund(AIF) scheme

  • Entity proof and Address proof of the Entity.

  • Agreement between the Investment manager and the entity if an investment manager is appointed.

  • Resolution on the entity letter head for opening a current account in the name of the AIF.

  • SEBI registration certificate in the name of the Fund.

  • PAN card of the Fund.

  • Place memorandum and fee receipt for the scheme. (Fee receipt not applicable if it’s the first scheme).

  • PAN of the scheme.

Foreign Venture Capital Investors (FVCI)

  • Entity proof and Address proof of the Entity.

  • Copy of the SEBI Registration.

  • Copy of the PAN card and to be verified with the PAN site.

 

Overseas Bank Accounts

  • Entity proof and Address proof of the Entity.

  • Banking License – Downloaded from DDR application of Bankers’ Almanac.

  • Customer Due Diligence Report.

  • Wolfsberg AML questionnaire downloaded from DDR application of Bankers’ Almanac.

  • Certificate of Incorporation/Registration Certificate - downloaded from DDR application of Bankers’ Almanac.

  • Constitution Document- downloaded from DDR application of Bankers’ Almanac.

Vostro Accounts

  • Entity proof and Address proof of the Entity.

  • Authenticated SWIFT message with a request to open/Maintain the account in the Bank's name with whom YES Bank has Bilateral Key Exchange (BKE) / Relationship Management Application (RMA) arrangement in place.

  • Physical copy of the KYC documents (Banking License issued by respective regulator, certificate of incorporation/Registration Certificate, Entity constitution document such as Memorandum & Articles of Association/ Byelaws or such other document as prevalent in the country of domicile of the Overseas Correspondent Bank, I & S of the AUS and person signing the resolution) duly attested by a Notary/Embassy/Overseas Banker/Company Secretary to be obtained.

  • Names of directors to be downloaded from DDR application of Bankers’ Almanac.

  • Approval from YBL Board.

  • CDD to be filled up.

  • Confirmation from the International Banking Head of YES Bank that the overseas Bank is not a 'shell bank'.

Please contact your nearest YES BANK branch for more details

 

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