Can minor be a nominee in bank account

Yes, a minor can be appointed as a nominee in a bank account in India. However, if the nominee is a minor at the time of the account holder's death, the following rules apply:

• A designated guardian must be appointed by the account holder to receive the funds on the minor's behalf.
• The guardian will hold the funds until the minor reaches 18 years of age.
• Once the minor becomes an adult, they automatically become legally entitled to access and manage the funds directly.