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How do we open a business bank account in India as a foreign company?

Question

How do we open a business bank account in India as a foreign company?

Expert Answer
Answered 09 Oct 2026
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The business bank account can be opened after incorporation of the company in India. The general documentation required for this purpose is:

•     Certificate of Incorporation of India

•     Memorandum & Articles of Association

•     PAN card of the company

•     Board resolution for opening a bank account and authorizing a signatory

•     KYC of all directors (passport, address proof)

•     Address proof of registered office

•     Audited financials of parent foreign company (required by some banks)

 

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