Minor Account:

A minor is a person of age below 18 years. A minor has no authority to provide a power under law to a natural person to enter into binding contact(s). A minor may open account under a guardianship and the said guardian will operate account on behalf of the minor accordingly. To open a account of minor following procedure to be maintained:

• Account opening form supplied by the bank to be filled with detailed information
• Information about the minor in a separate form in details
• Valid identification of the minor and respective guardian
• Passport size photograph of the guardian and the minor duly attested
• Transaction Profile mentioning the numbers of transaction to be made this account on monthly basis
• TIN Certificate of the respective guardian
  

In spite of that KYC guideline to be maintained during opening of the account.