Minors over 10 years can operate bank accounts: RBI
May 20th, 2014 by CHEQUEMAN
RBI has issued guidelines allowing the minors above the age of 10 years to open their bank account independently in view to promote financial inclusion and bring uniformity in opening of such bank accounts. As per the guidelines, all minors can now open a saving/ fixed/ recurring bank deposit account through either his/ her natural […]