Checklist – Private Limited

Check Points to Remember

1. Lead creation on GG App  Business Name as per documents
2. Documentation
 AOF should not be older than three months
 Signed & Stamped on both pages
2.1. Customer application form  Contact No. of Authorised Signatory on AOF and BO should Match
(AOF)  MSME, Non-MSME Check Ticked
 Credit facility check ticked (if yes ensure all details filled)
 All Authorised Signatories are part of BR

2.2. Certificate of Incorporation

 CIN and date of incorporation matched with MCA portal (http://www.mca.gov.in/mcafoportal/viewCompanyMasterData.do)
 Signed stamped by any two director/one director & company secretary
 First 2 & last 2/all pages should be signed stamped by any two director/one director & company secretary
2.3. Memorandum of Association
 All pages are present
 Contains share holding pattern
 First 2 & last 2/all pages should be signed stamped by any two directors/one director & company secretary
2.4. Article of Association  All pages are present
 Contains share holding pattern

2.5. Company PAN

 Name & incorporation date matched with MCA Portal (http://www.mca.gov.in/mcafoportal/viewCompanyMasterData.do)
 Signed & stamped
 Utility bill (<2months old)
 IEC (Importer exporter code)
 Certificate/registration document issued by sales tax/service tax/ Professional tax authorities
2.6. Proof of Correspondence
Address
 Sales tax return (Latest)
 Income tax return (Complete filing with computation with company name for last FY)
 GST certificate
 Bank Statement (Min 3 months statement from AOF date)
 Signed & stamped by any two directors/one director & company secretary
2.7. Board Resolution for
operating Current Account
 Printed on Letterhead

(BR)  Mode of operation should clearly have mentioned prescribed limit (Matched with AOF)
 BR should not older than 6 months
 Printed on Letterhead
2.8. Din of all Directors  Sign & Stamped
 DIN matched with MCA Portal (http://www.mca.gov.in/mcafoportal/viewCompanyMasterData.do)
 Company name correctly mentioned
 List of director as per MCA Portal (http://www.mca.gov.in/mcafoportal/viewCompanyMasterData.do)

2.9. Declaration of Beneficial

 All shareholder’s details with shareholding added up 100%

Owners  In-case of BOs are companies with shareholding more than 25%. Shareholding tree of BO companies are required till the UBO
(Ultimate Beneficial Owner) is identified (KYC Docs of all individuals with more than 25% shareholding)
 In-case of ownership of listed company Form B filled
 Signed & stamped by any two directors/one director & company secretary
2.10. Beneficial Owner KYC Doc +  Signed & stamped copies of KYC docs (PAN + Aadhar/Voter ID/ Passport) for all BOs & UBO
Beneficial Owners of all  Photographs of all BO are captured, physical photos to be attached on the KYC docs, digital uploaded along with KYC docs
companies associated
 In case of Aadhar, number is masked (Digital photos masked with a piece of paper, for photocopies the Aadhar number inked out)
 Signed & stamped copies of KYC docs (PAN + Aadhar/Voter ID/ Passport)
2.11. Authorized Signatory KYC
Docs
 In case of Aadhar, number is masked (Digital photos masked with a piece of paper, for photocopies the Aadhar number inked out)
 All authorised signatory PPBL KYCed.
3. KYC Check  KYC of all Authorised Signatory completed
 All documents filled as per guidelines
4. Upload Documents on GG App/ DIY
Panel
 Original Sign & Stamp on all pages
 All documents are legible
5. Tracking on OE Panel

5.1. Document Uploaded

 Lead stage “DOCUMENT_UPLOADED”
 Repeats upon every document upload

5.2. Data Entry completed

 Lead stage “DATA_ENTRY_ACTION_PENDING”
 Lead stage ” QC_ALLOCATION_PENDING”
5.3. Documents under scrutiny  Lead stage “QC_ACTION_PENDING”
6. Document Archiving (Mail will be  All original signed & stamped documents are sent for archival & account opening
sent by QC team to archive the  Documents matched with approved scans (OE Panel)
document)
 Attach the Checklist Signed by KAM
 “PPB_APPROVAL_ALLOCATION_PENDING” – Documents received & verified
 “PANEL_SUCCESS” – NOC Completed
7. Note (Next steps – to be tracked on
OE Panel)
 “NOTIFICATION_SUCCESS” – Customer consent needed
 “AUTHORIZED_SIGNATORY_ACCEPTED” – Consent captured
 “LEAD_SUCCESSFULLY_CLOSED” – Account opened
 All documents Original seen & Verified
KAM Name: _____________________________________ Employee Code & Sign: ________________
Supervisor Name: _____________________________________

For any queries reach out to helpdesk.corporate@paytmbank.com PPBL/Checklist/Version 1.0/08-11-19