Banking

How to open a bank account for a minor

To open a bank account for a minor in India, follow these steps:
  • Select a bank that offers minor savings accounts and decide between a guardian-operated account (for any age) or a self-operated account (usually for minors aged 10 and above).
  • Collect required documents, including the minor's birth certificate and the Aadhaar and PAN cards of both the minor and the guardian.
  • Visit the bank branch or use their official website/app to fill out the application form.
  • Complete the mandatory KYC process and deposit the required initial amount, if applicable.

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