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How long does bank account opening take, and what are common rejection reasons?

Question

How long does bank account opening take, and what are common rejection reasons?

Expert Answer
Answered 09 Oct 2026
6 views

The bank account opening process takes between 2 to 4 weeks after incorporation documents are ready. Generally, the following reasons are cited for rejection:

•     Documents not in English or not apostilled

•     Mismatch in director name spelling between their passport and MCA records

•     No local authorized signatories (Some banks require a physical presence in India)

•     Registered office address not properly documented

•     Lack of a bank reference letter from the parent foreign company

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