Can a minor open a bank account

Yes, a minor can open a bank account in India. According to RBI guidelines:

• Minors of any age can open a savings or term deposit account through a natural or legal guardian (mother or father).
• Minors aged 10 and above can independently open and operate their accounts, subject to limits set by the bank.
• Banks may offer facilities like debit cards, cheque books, and internet banking, provided the account is not overdrawn.
• Upon turning 18, the individual must provide fresh signatures and instructions to transition the account to adult status.