{"id":124,"date":"2017-03-17T07:48:38","date_gmt":"2017-03-17T07:48:38","guid":{"rendered":"http:\/\/www.companyregistrationinbangalore.in\/blog\/?p=124"},"modified":"2017-03-17T07:49:31","modified_gmt":"2017-03-17T07:49:31","slug":"opening-pvt-ltd-company-bank-account","status":"publish","type":"post","link":"https:\/\/www.companyregistrationinbangalore.in\/blog\/opening-pvt-ltd-company-bank-account\/","title":{"rendered":"Opening private limited company bank account"},"content":{"rendered":"<p style=\"text-align: justify;\">After incorporating a private limited company, you must opening a current account in your company name. There are no restrictions for a company and the company can open one or more current account in any bank and is needed for transact business. Today, there are many <a href=\"http:\/\/www.companyregistrationinbangalore.in\/\">private limited company <\/a>are started their business in all over the places. In <strong>Bangalore<\/strong>, there are many private limited company registration are incorporated every day. <em>Private Limited Company<\/em> is the important business entity in <strong>Bangalore<\/strong>. Here we discuss in this article about the process of opening <em>private limited company<\/em> bank or current account with required documents.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-39 size-medium\" src=\"https:\/\/www.companyregistrationinbangalore.in\/blog\/wp-content\/uploads\/2016\/10\/privatelimitedcompanyregistrationchennai-300x225.jpg\" alt=\"Opening private limited company bank account \" width=\"300\" height=\"225\" srcset=\"https:\/\/www.companyregistrationinbangalore.in\/blog\/wp-content\/uploads\/2016\/10\/privatelimitedcompanyregistrationchennai-300x225.jpg 300w, https:\/\/www.companyregistrationinbangalore.in\/blog\/wp-content\/uploads\/2016\/10\/privatelimitedcompanyregistrationchennai-326x245.jpg 326w, https:\/\/www.companyregistrationinbangalore.in\/blog\/wp-content\/uploads\/2016\/10\/privatelimitedcompanyregistrationchennai-80x60.jpg 80w, https:\/\/www.companyregistrationinbangalore.in\/blog\/wp-content\/uploads\/2016\/10\/privatelimitedcompanyregistrationchennai.jpg 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h2 style=\"text-align: justify;\">Opening Private Limited Company Current Account<\/h2>\n<p style=\"text-align: justify;\">Opening for a <a href=\"http:\/\/www.companyregistrationinbangalore.in\/pvt-ltd-company-registration-bangalore.php\">private limited company<\/a> current account is easier. Therefore, once a company is created a bank account can be opened in the business name with just a few documents different from proprietorship. The reality of the sole proprietorship must be started through different transactions. The list of documents are required to open a current account in the company name.<\/p>\n<ul>\n<li style=\"text-align: justify;\">Certificate of Memorandum and Articles of Association and incorporation certificate<\/li>\n<li style=\"text-align: justify;\">Resolve the board of directors to create an account and identification of those who have control to open the account.<\/li>\n<li style=\"text-align: justify;\">Power of Attorney allowed to its officers, managers or employees to transact business on its behalf.<\/li>\n<li style=\"text-align: justify;\">Copy of telephone bill<\/li>\n<li style=\"text-align: justify;\">Copy of PAN allotment letter<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>List of documents needed for opening company current account<\/strong><\/p>\n<ul>\n<li style=\"text-align: justify;\">Memorandum of Association and Articles of Association<\/li>\n<li style=\"text-align: justify;\">Company Incorporation Certificate<\/li>\n<li style=\"text-align: justify;\">Board resolution for opening current account<\/li>\n<li style=\"text-align: justify;\">List of directors as per the banks format<\/li>\n<li style=\"text-align: justify;\">Registered office address<\/li>\n<li style=\"text-align: justify;\">Identity proof of all directors<\/li>\n<li style=\"text-align: justify;\">Driving License<\/li>\n<li style=\"text-align: justify;\">Passport<\/li>\n<li style=\"text-align: justify;\">PAN Card of director<\/li>\n<li style=\"text-align: justify;\">Voter identity card<\/li>\n<li style=\"text-align: justify;\">Aadhaar card<\/li>\n<li style=\"text-align: justify;\">Arms License<\/li>\n<li style=\"text-align: justify;\">Current directors proof for appointing ( In case board of directors has changed period)<\/li>\n<li style=\"text-align: justify;\">Directors resignation proof (In case board of directors has changed period)<\/li>\n<li style=\"text-align: justify;\">PAN card application acknowledgement or PAN card of the copy (for new companies which are less than 90 days)<\/li>\n<li style=\"text-align: justify;\">The companies share holding pattern as per the banks format.<\/li>\n<\/ul>\n<p>For more information about opening <strong>private limited company<\/strong> current account contact our <a href=\"http:\/\/www.companyregistrationinbangalore.in\/\">Solubilis<\/a> business advisor.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After incorporating a private limited company, you must opening a current account in your company name. There are no restrictions for a company and the company can open one or more current account in any bank and is needed for &hellip; <\/p>\n","protected":false},"author":1,"featured_media":39,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[3,10],"class_list":["post-124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-limited-company","tag-company-registration-in-bangalore","tag-private-limited-company-registration-in-bangalore"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Opening private limited company bank account<\/title>\r\n<meta name=\"description\" content=\"After incorporating a private limited company then you must opening a current account in the name of the company in any bank.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, 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