Partner Onboarding Document Checklist

• Interested companies to send the following documents to XXXX@sbi.co.in from their registered email id only. Kindly note that the total size of the documents to not exceed 10MB
• For shortlisted products / offerings Bank officials may reach out to you for further discussion and next steps
• Kindly peruse the high-level eligibility criteria for Start-ups and Fintechs as documented in Annexure – A and Annexure – B respectively

No.	Document(s)
1.	Certificate of Incorporation / Partnership Agreement
2.	Memorandum and Articles of Association / Partnership Agreement
3.	DPIIT Certificate (Only for Indian Start-up Companies)
4.	Trading and P&L for 4 preceding years
5.	Detailed resume of the Directors/Founders having the details: a. Name of the Director b. Professional Experience, the companies where they have worked, the duration of the engagement, major projects handled during that period c. Educational Qualification - must include the name of the college, degree with its specialization, the period of the degree d. Any major certification like PMP, CFA, CA, FRM etc.
6.	The investment made by the shareholders / stakeholders in the company. Kindly provide details of the investor (name of the entity/individual) and the amount.
7.	Presentation on the proposed product / offering
8.	Client References as per Annexure – C

a. The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, GOI has issued G.S.R. 127 (E) notification dated the 19th February 2019, in supersession of the Gazette Notification No. G.S.R. 364 (E) dated 11th April 2018, as modified vide Gazette Notification No. G.S.R. 34 (E) dated 16th Jan 2019, which states that an entity should be considered a Start-up if it fulfils all of the following conditions. An entity shall be considered as a Start-up:

i. Up to a period of ten years from the date of incorporation / registration, if it is incorporated as a private limited company (as defined in the Companies Act, 2013) or registered as a partnership firm (registered under section 59 of the Partnership Act, 1932) or a limited liability partnership (under the Limited Liability Partnership Act, 2008) in India.

ii.Turnover of the entity for any of the financial years since incorporation / registration has not exceeded one hundred crore rupees.

iii.Entity is working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation.

An entity shall cease to be a Start-up on completion of ten years from the date of its incorporation / registration or if its turnover for any previous year exceeds one hundred crore rupees.

b. Those entities which have obtained Certificate of Recognition as Start-up based on the G.S.R Notification 127(E) dated 19.02.2019 from the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, GOI shall be considered for engagement.

c. Additional guidelines for recognition of Start-ups dated as per Government of India notification dated 05.07.2021.

d. Any changes/ modifications/ amendments with respect to definition of Startups issued by DPIIT through their notifications in the future will also be applicable to the Bank’s definition of Start-ups accordingly.

a.The entity should have been incorporated in India for at least two years as on the date on which it is being considered for engagement.

b.The entity should have a minimum net worth of Rs.100 lakh as per its latest audited balance sheet.

c.The entity should be engaged in innovation, development or improvement of products or processes or services with a scalable business model having a high potential of business generation, savings in cost of operations, reduction in risk, improvement in compliance, increase in operational efficiency, etc.

d.The entity should be using new / emerging / next generation technologies including, but not limited to, Artificial Intelligence, Machine Learning, Natural Language Processing, Robotic Process Automation etc.

e.The product / service / solution being offered should not infringe any patent, trademarks, copyrights, or such other Intellectual Property Rights. The entity must ensure that the application / product / solution, code, artefacts, scripts, etc. offered by them have been developed by them and e.not copied, pilfered, hacked, transferred, or procured from any other company or individual(s).

f.The entity should be willing to put in escrow the source code, logic, protocols, artefact, design, architecture, code binaries, complete technical solution documentation of the product / software / application / services including the base and customized software and any other related items, necessary to run the application, as per the escrow arrangement with the Bank at the beginning of the engagement and the escrow agreement will include subsequent enhancements as well.

g.The entity should be agreeable to providing training and complete product knowledge transfer to the Bank’s team.

h.The entity should not be a defaulter of any bank / financial institution.

i.The products/ services offered by the entity must be technologically ready for deployment.

Particulars	Details
Client Information
Client Name
Client address
Name of the contact person and designation
Phone number of the contact person
E-mail address of the contact person
Project Details
Name of the Project
Start Date
End Date

Name & Signature of Authorised signatory of Vendor

Seal of Company