Can under 18 open bank account

Yes, individuals under the age of 18 can open a bank account in India. According to RBI guidelines, there are two primary ways for minors to do this:

• Minors of any age can open and operate a savings account through a natural or legal guardian.
• Minors aged 10 years and above are permitted to open and operate a savings account independently, subject to certain transaction limits and conditions set by the individual bank.

These accounts help inculcate financial discipline and are typically converted into regular savings accounts once the minor turns 18.