Can a 17 year old open a bank account

Yes, a 17-year-old can open and operate a bank account in India. According to RBI guidelines, minors aged 10 and above are permitted to open and manage savings or term deposit accounts independently, subject to limits set by the bank's risk policy. Key points include:

• Minors can access facilities like ATM/debit cards, cheque books, and internet banking.
• The account must always maintain a credit balance; overdrafts are not permitted.
• Upon turning 18, the individual must provide fresh operating instructions and specimen signatures to transition the account to adult status.