Board Resolution for Bank Account Opening — Format (Word)

A bank-format certified true copy of the board resolution for opening a company current account — with the signatory matrix, mode of operation and specimen-signature block banks ask for.

Free · CORAA original — SA-aligned

Updated 29 Jul 2026

Type

Board resolution — certified true copy

Signed by

Director / Company Secretary

Attach for bank

Specimen signatures + KYC of signatories

Board-meeting mode

Meeting or circulation (Sec 175)

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Engagement details

The client and period this document is for.

Company name

CIN

Registered office address

Date of meeting

Place / venue of meeting

Chairman / signing director

Chairman of the meeting for minutes; the director/CS signing for resolutions and notices.

Bank name

Branch

Type of account

Signatory 1 — Name

Signatory 1 — Designation

Signatory 2 — Name

Signatory 2 — Designation

Mode of operation

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Board Resolution for Bank Account Opening — Format

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF {{company_name}} HELD ON {{meeting_date}} AT {{meeting_place}}

CIN: {{cin}}

Registered Office: {{registered_office}}

OPENING OF BANK ACCOUNT WITH {{bank_name}}

"RESOLVED THAT a Current account be opened in the name and style of '{{company_name}}' with {{bank_name}}, {{bank_branch}} branch ('the Bank'), for the operations of the company, and that the Bank be and is hereby authorised to honour all cheques, drafts, bills of exchange, promissory notes and other orders drawn by, and all instructions given by, the authorised signatories named below, whether the account is in credit or overdrawn, and to accept and act upon all instructions relating to the said account so given.

RESOLVED FURTHER THAT the following directors / officials of the company be and are hereby authorised to operate the said account in the mode of operation set out against their names:

Sl.	Name	Designation	Mode of operation
1	{{signatory_1_name}}	{{signatory_1_designation}}	Any one singly
2	{{signatory_2_name}}	{{signatory_2_designation}}	Any one singly
3	____________ [delete row if not applicable]	____________	____________

RESOLVED FURTHER THAT the Bank be furnished with a certified copy of this resolution together with the specimen signatures of the authorised signatories, duly attested, and the Bank be and is hereby authorised to rely and act upon the same until receipt of a written notice of revocation or modification of this authority under the signature of a director or the company secretary of the company, notwithstanding any change in the constitution of the Board.

RESOLVED FURTHER THAT any one of the directors of the company be and is hereby authorised to sign and submit the account-opening forms, KYC documents and such other papers as the Bank may require, and to do all such acts, deeds and things as may be necessary to give effect to this resolution."

SPECIMEN SIGNATURES OF AUTHORISED SIGNATORIES

Name	Designation	Specimen signature (1)	Specimen signature (2)
{{signatory_1_name}}	{{signatory_1_designation}}
{{signatory_2_name}}	{{signatory_2_designation}}

Certified that the above is a true copy of the resolution passed at the meeting of the Board of Directors of the company held on {{meeting_date}}, that the same has been duly recorded in the minutes book of the company, and that the said resolution is in force and has not been rescinded or modified as on date.

By order of the Board

For {{company_name}}

_______________________________

Director / Company Secretary

DIN / Membership No.: ____________

Place: __________________

Date: ____________

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What’s inside

An excerpt from the template.

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF _ HELD ON _ AT ___

OPENING OF BANK ACCOUNT WITH ___

"RESOLVED THAT a ___ account be opened in the name and style of '___' with ___, ___ branch ('the Bank'), for the operations of the company, and that the Bank be and is hereby authorised to honour all cheques, drafts, bills of exchange, promissory notes and other orders drawn by, and all instructions given by, the authorised signatories named below, whether the account is in credit or overdrawn, and to accept and act upon all instructions relating to the said account so given.

RESOLVED FURTHER THAT the following directors / officials of the company be and are hereby authorised to operate the said account in the mode of operation set out against their names:

↑ Excerpt only — the full template is what you download as Word

About this template

What you’re downloading, and when to use it.

This template follows the format published by the Institute of Chartered Accountants of India (ICAI) in the AASB Audit Working Paper Templates (June 2023), the authoritative reference for Indian statutory-audit documentation. Fill in your firm’s letterhead and the engagement details on the form above, click Download Word file, and you’ll get a fully formatted .docx ready to use.

Everything is generated in your browser and on a stateless API endpoint — no account, nothing stored on our servers. We’ll ask for a work email once before your first download so we can send you the file and the occasional relevant update; after that, downloads on this device are instant. Edit freely in Word, Google Docs or Pages before sending to your client.

Common questions

FAQs.

What should a board resolution for opening a bank account contain?

Four things banks look for: (1) the resolution naming the bank, branch and type of account; (2) a signatory matrix — name, designation and mode of operation (singly / jointly) for each authorised signatory; (3) specimen signatures of the signatories, attested; and (4) a certified-true-copy footer signed by a director or the company secretary stating the resolution was passed at a Board meeting on a stated date, is recorded in the minutes book, and is in force. Most banks also want the CIN and registered office on the face of the copy.

Can the bank account resolution be passed by circulation instead of a meeting?

Yes. Opening a bank account is not among the items that must be transacted only at a Board meeting under Section 179(3) read with Rule 8 of the Companies (Meetings of Board and its Powers) Rules, 2014, so it can validly be passed by circulation under Section 175. In practice, many banks still prefer a resolution worded as passed "at a meeting of the Board", so check the bank's format first.

Who signs the certified true copy of a board resolution?

Any director or the company secretary can certify the copy. The certification states that the resolution is a true copy of what was passed, is duly recorded in the minutes book, and is in force (not rescinded or modified). Banks generally require the certifier's name, designation and DIN or membership number, with the company's rubber stamp.

Does a change in directors invalidate the bank signatory resolution?

No — the standard wording provides that the bank may act on the authority until it receives written revocation, notwithstanding any change in the constitution of the Board. But when a signatory himself resigns or is removed, pass a fresh resolution promptly: banks will keep honouring the old mandate until formally notified.

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