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    Private Limited & Public Limited

    What documents are required to open an ICICI Direct account for a Private Limited/Public Limited Company?

     

    To open an ICICI Direct account for a Private Limited/Public Limited Company, please submit the following:

    A. Entity Documents

    > PAN and Address Proof of the Company

    > Certificate of Incorporation (certified as "True and Updated" by an Authorised Signatory)

    > MOA & AOA (specified pages self-attested by at least two Directors with the company stamp)

    > Balance Sheet and Profit & Loss Statement for the last two financial years

    > GST Certificate (if applicable), signed on all pages

    > MCA printout showing the list of Directors

    > Bank Mandate

     

    B. KYC Documents

    > PAN and Address Proof of:

    - Minimum 2 Directors

    - All Shareholders holding more than 10%

    - All Authorised Signatories

    > Front and back copy of Aadhaar (if submitted as Address Proof)

    > 4 photographs of all Authorised Signatories and 1 photograph of the Ultimate Beneficial Owner (UBO)

     

    C. Signing Requirements

    > Account Opening Form: Signed by the Authorised Signatories as per the Mode of Operation (MOP)

    > Board Resolution: Signed by at least two Directors

    > Declaration Page: Signed by all Authorised Signatories

    > All individual KYC documents must be self-attested.


    D. Additional Requirements

    > If another entity holds more than 10% shareholding, documents of the cross-holding entity will also be required.

    > All prescribed formats must be printed on the company's letterhead.

    > Use the "For (Company Name)" stamp on all entity documents (round stamps are not accepted).

    > Physical documents and the signed Account Opening Form are mandatory.

    > If linking an existing ICICI Bank Current Account, it should not have any OD/CC/Credit Limit/FD OD facility enabled.

    > Before printing the formats on the company letterhead, please share the completed Word files for review.

    > Ensure the company name mentioned in all documents exactly matches the PAN.

     

    List of Documents:

    Board Resolution

    CA - 4 Annexure

    Declaration for Non Availability of Balance Sheet

    Declaration of Advisory Investments

    E-MOA and AOA Declaration

    Financial Undertaking

    List of Authorised Signatories

    List of Directors

    Networth Certificate

    Shareholding Pattern