KYB user flowOverview

KYB Process Documentation

This document outlines the required information and documentation for completing the KYB (Know Your Business) process.

📄 Documents Required for a Partnership Firm

  1. Partnership Deed (mandatory)
  2. MSME Udyam Aayog Certificate (if available)
  3. GST Certificate
  4. Registration Certificate
  5. ITR (Income Tax Return) for the last 2 financial years
  6. PAN of the Firm
  7. Bank Statement for the last 1 year
  8. Operational Office Address Proof (e.g., Lease Deed)
  9. KYC of all Partners
  10. Declarations and Undertakings as and when required

📑 Documents Required for Private Limited / LLP Entities

For initial review and verification, the following documents are required:

  1. Memorandum & Articles of Association (MoA & AoA)
  2. Certificate of Incorporation
  3. PAN of the Entity
  4. GST Registration Certificate
  5. List of Shareholders
  6. List of Directors
  7. KYC of all Directors (PAN, Aadhar/Voter ID/Passport, and Utility Bill)
  8. KYC of all UBOs (those holding 10% or more in shareholding)
  9. Bank Statements of the last 1 year
  10. ITRs for the last 2 years
  11. Declaration of Nature of Business (on company letterhead, signed and sealed)
  12. Declaration of Authorised Signatories
  13. Declaration of Source of Wealth

✅ KYB and KYC Process Overview

The above data is collected and used to perform automated KYB verification through HyperVerge SDK integration.

KYC Options:

  • Manual KYC via our internal API (with additional document uploads)
  • Automated KYC using HyperVerge API

This system ensures faster and more reliable KYB/KYC onboarding for all users.

Overview