Knowledge Base

Q: What are the requirements for opening an LLP account with Samco?

A: To download the form, click here
Account opening form

To open an LLP account with Samco, the required documents must be submitted physically to the following address:

302 – A, 3rd Floor, Naman Midtown – A Wing, Senapati Bapat Marg, Prabhadevi, Mumbai – 400 013, Maharashtra, India.

The required documents are:

1. Non-Individual Account Opening Form – 14 pages
2. LLP PAN Copy
3. Address Proof – Latest bank statement (not older than 3 months)
4. Bank Proof – Latest bank statement (not older than 3 months) or a canceled cheque
5. Income Proof – Latest 6-month bank statement
6. For Newly Incorporated LLPs: Net worth certificate from a CA with an official stamp, registration number, and signature
7. LLP Declaration – On the company’s letterhead
8. List of LLP Partners – On the company’s letterhead
9. List of Authorized Signatories – On the company’s letterhead
10. Certificate of Incorporation
11. Balance Sheet – For the last two financial years
12. LLP Agreement
13. KYC Documents of LLP Partners – PAN, address proof, and photograph
14. FATCA Declaration

These documents must be submitted physically to proceed with the account opening process.

Q: What are the requirements for opening a partnership account with Samco?

A: To download the form, click here
Account opening form

To open a Partnership account with Samco, the required documents must be submitted physically to the following address:

302 – A, 3rd Floor, Naman Midtown – A Wing, Senapati Bapat Marg, Prabhadevi, Mumbai – 400 013, Maharashtra, India.

1. Non-Individual Account Opening Form – 14 pages
2. Firm’s PAN Copy
3. Bank Proof – Latest 3-month bank transaction statement
4. Address Proof – Latest 3-month bank transaction statement
5. Income Proof – Latest 6-month bank statement
6. Partnership Declaration – Format available on Page 10 of the account opening form, to be provided on the firm’s letterhead
7. List of Partners – On the firm’s letterhead
8. List of Authorized Signatories – On the firm’s letterhead
9. Shareholding Pattern – On the firm’s letterhead
10. Balance Sheet – For the last two financial years
11. Certificate of Registration (if applicable)
12. Copy of Partnership Deed
13. KYC Documents of All Partners – PAN, address proof, and photographs of all partners
14. FATCA Declaration

These documents must be submitted physically to proceed with the account opening process.

Q: What are the requirements to open a Body Corporate account with Samco?

A: To download the form, click here
Account opening form

To open a Body Corporate account with Samco, the required documents must be submitted physically to the following address:

302 – A, 3rd Floor, Naman Midtown – A Wing, Senapati Bapat Marg, Prabhadevi, Mumbai – 400 013, Maharashtra, India.

1. Non-Individual Account Opening Form – 14 pages
2. Company PAN Card
3. Company Bank Proof – Latest 3-month bank statement or a canceled cheque
4. Company Address Proof – Latest 3-month bank statement
5. Company Income Proof – Latest 6-month bank statement
6. Financial Balance Sheet – For the last two financial years
7. For Newly Incorporated Companies: Net worth certificate from a CA with an official stamp, registration number, and signature
8. Board Resolution – On the original company letterhead
9. List of Directors – On the original company letterhead
10. List of Authorized Signatories – On the original company letterhead
11. Shareholding Pattern – On the original company letterhead
12. KYC Documents for All Directors – PAN, address proof, and photograph
13. Memorandum and Articles of Association (MOA & AOA)
14. Certificate of Incorporation
15. FATCA Declaration
16. KYC Page – For all members in the company

These documents must be submitted physically to proceed with the account opening process.

Q: What are the document requirements for opening an NRE/NRO account with Samco?

A: To download the form, Form 1 Form 2
Account opening form

To open an NRE/NRO account with Samco, the required documents must be submitted physically to the following address:

302 – A, 3rd Floor, Naman Midtown – A Wing, Senapati Bapat Marg, Prabhadevi, Mumbai – 400 013, Maharashtra, India.

1. Individual Account Opening Form
2. PAN Copy
3. Address Proof – Both Overseas and Indian address proof
4. Bank Proof – In the name of the NRI (Cancelled cheque or bank passbook)
5. Income Proof – Any of the following:
   • Bank statement
   • ITR or Form 16 (Part-A & Part-B) for the current financial year
   • Salary slip
   • Demat holding statement
6. Passport Copy – If the birthplace or nationality is other than India, a PIO (Person of Indian Origin) or OCI (Overseas Citizen of India) card is required
7. FEMA Declaration
8. FATCA Declaration
9. Visa Copy – With immigration stamp

These documents must be submitted physically to proceed with the account opening process.

Q: What are the document requirements for opening a HUF account with Samco?

A: To download the form, click here
Account opening form

To open a HUF (Hindu Undivided Family) account with Samco, the required documents must be submitted physically to the following address:

302 – A, 3rd Floor, Naman Midtown – A Wing, Senapati Bapat Marg, Prabhadevi, Mumbai – 400 013, Maharashtra, India.

1. Non-Individual Account Opening Form – 16 pages
2. HUF PAN Copy – With stamp and signature
3. HUF Bank Proof – Latest 3-month bank statement or canceled cheque
4. HUF Address Proof – Latest 3-month bank statement with stamp and signature
5. HUF Income Proof – Latest 6-month HUF bank statement or ITR
6. Karta’s PAN and Address Proof – Along with a photograph
7. Co-parcener’s PAN and Address Proof – Along with photographs
8. FATCA Declaration
9. HUF Declaration
10. HUF Deed

These documents must be submitted physically to proceed with the account opening process.

Q: What are the document requirements for opening a Minor account with Samco?

A: To download the form, click here
Account opening form

 To open a Minor account with Samco, the required documents must be submitted physically to the following address:

302 – A, 3rd Floor, Naman Midtown – A Wing, Senapati Bapat Marg, Prabhadevi, Mumbai – 400 013, Maharashtra, India.

1. Minor Account Opening Form
2. Minor’s PAN Copy – With stamp and signature
3. Minor’s Aadhaar Card – With stamp and signature
4. Minor’s Birth Certificate
5. Guardian’s PAN Copy
6. Guardian’s Address Proof
7. Bank Proof – Must mention “Under Guardian (UG)”
8. Nominee’s PAN Copy

These documents must be submitted physically to proceed with the account opening process.

Q: What are the document requirements for opening a Joint account with Samco?

A: To download the form, click here
Account opening form

To open a Joint account with Samco, the required documents must be submitted physically to the following address:

302 – A, 3rd Floor, Naman Midtown – A Wing, Senapati Bapat Marg, Prabhadevi, Mumbai – 400 013, Maharashtra, India.

1. Joint Holder Account Opening Form
2. First Holder’s PAN & Address Proof
3. Second Holder’s PAN & Address Proof
4. Bank Proof – If the account is joint, it should be in sequence, or the first holder’s bank proof should be provided
5. Nominee’s PAN Copy

These documents must be submitted physically to proceed with the account opening process.

Was this article helpful?

Share