"Minors above such an age limit not less than 10 years and up to such amount and such terms as may be fixed by the banks ...

In a move to simplify and standardise rules across banks, the Reserve Bank of India (RBI) has updated its guidelines on the ...

As per the revised guidelines issued on April 21, 2025, banks can now empower minors to manage their own accounts—within ...

Learn five smart strategies to reduce your home loan EMIs, including refinancing, partial pre-payments, extending loan tenure ...

Earlier, while minors were allowed to open savings account only, now they can open both savings and term deposit accounts.