Opening of Bank Accounts in the Names of Minors

Last updated: 10 September 2014

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RBI/2014-15/225 RPCD.CO.RCB.BC.No.29/07.51.010/2014-15 September 09, 2014 All State Co-operative Banks and Central Co-operative Bank Dear Sir/Madam, Opening of Bank Accounts in the Names of Minors Please refer to our circular RPCD.No.RF.DIR.BC.32/D.1-85 dated January 8, 1985 wherein State / Central Co-operative Banks (StCBs / DCCBs) were advised to allow minors accounts (fixed and savings deposit accounts) with mothers as guardians to be opened subject to safeguar

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Notification No : RBI/2014-15/225

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