Can a 15 year old open a SBI bank account?

PehlaKadam : Minor of any age. This account will be jointly opened with the parent/guardian. PehliUdaan : Minors above the age of 10 years and who can sign uniformly. This account will be opened in the sole name of the minor.

What documents are required for SBI account for minor?

The date of birth proof of the minor, KYC of the parent Aadhaar, PAN or Form 60 are important documents required. If Aadhaar number has not been assigned to an applicant, then applicant shall furnish proof of application of enrolment for Aadhaar.

What do you need to open a bank account if your 15?

Minor children by law can’t open a savings account. They need a parent or guardian to set up a custodial or joint account. A custodial account is the property of the child, but managed by the parent until the child turns 18.

Can 15 year olds open a bank account?

Since minors generally can’t open bank accounts by themselves, you’ll typically need to be a joint owner of the account, which may actually be a good thing. It’ll give you the chance to compare banks and find features that are important to both of you.

What documents are required to open a bank account for a child?

Documents required to open a bank account for a minor: – KYC documents of the parents/guardian. – Aadhaar card of a minor. – Specimen signature of a guardian. The minor’s specimen signature if he/she is 10 years old or above.

Can a 15 year old have a debit card?

While many debit cards are only available for teens 13 or older, many kid-focused debit cards are available to kids as young as six years old. No matter what the age limit is for the child debit card, in the U.S., a child under age 18 must have a parent or guardian on the account who is (at least) 18 years old.

What is the minimum age to open a SBI account?

Eligibility for State Bank of India Savings Account The individual should be 18 years and above to be eligible. In the case of minors, the parents or legal guardian of the minor can open the account on their behalf. The applicant is required to have valid identity and address proof that is Government approved.

Can a 15 year old have a debit card in India?

# You should be 18 years and above. # In the case of minors, the parents or legal guardian of the minor can open the account on their behalf.