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Minors over 10 yrs can operate bank account: RBI
short by Kabir Khan / on Tuesday, 6 May, 2014
Minors above 10 years of age can open savings bank account and operate independently, the RBI said on Tuesday. Earlier, they were permitted to open fixed and savings deposit bank account with mothers as guardian. However, the banks can decide on the minimum documents, which are required for opening of accounts by minors.
read more at Times of India