Is Novo available for business in India?

Does Novo serve business customers in India?

No. Novo is a financial technology company offering business checking to small businesses in the United States, with banking services provided through a US partner bank. Its eligibility is limited to US formed entities such as LLCs, corporations, partnerships and sole proprietors with US owners or authorised residents. India is not a market Novo onboards, and there is no Novo entity or product aimed at India registered businesses. As of 27 May 2026.

Eligibility for businesses in India

To open Novo an applicant needs a US registered business, a US address, a US Social Security number or ITIN and a US mobile number on a major US carrier. Because these are US requirements, a company registered only in India does not meet them and cannot open an account. Verify with the provider

What it costs locally

There is no India pricing because Novo does not offer accounts to India registered businesses. For reference, in the United States Novo advertises no monthly fee and no minimum balance, but this applies to eligible US businesses only. As of 27 May 2026

What local users report

Indian founders sometimes open Novo only after forming a US company, for example a Delaware LLC or C corporation, and obtaining a US tax identification number. In that case they are banking as a US business, not as an India registered one. A founder operating solely through an Indian entity will not pass Novo onboarding.