I know many banks have services for customers under 18, but those accounts are opened only on parent's permission, and their accounts are linked to their parent's account, and is not an individual account. My friend is under 18 and wants to open an Individual account. HDFC banks and other banks have limitations for Under 18 accounts like maximum withdrawal limit i.e 2500 Rs per day, and no net banking. Please let me know if there is any bank which allows under 18 people to open an individual bank account
Does any bank allow customers under 18 to open a bank account under their own name?
Posted 15 September 2013 - 08:34 AM
I dont think its possible to open without parent/guardian. May be it can be under their name, but a guardian will need to be associated to "maintain" an account.
Posted 15 September 2013 - 08:35 AM
a minor account....or under parental guidance, not individual !
Posted 15 September 2013 - 06:20 PM
Posted 15 September 2013 - 07:32 PM
I don't think any bank would allow you to operate a account on Own, if you are a minor,
however bank may let you operate it partially once they are provided in writing by your parents.
Posted 15 September 2013 - 10:59 PM
Posted 15 September 2013 - 11:48 PM
Posted 16 September 2013 - 06:20 AM
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