Can I open an SBI account if I am under 18?
Here in this questions and answer series, we are going to cover the most frequently asked question which is "Can I open an SBI account if I am under 18?". There are a lot of students who are minors or below 18, and they want to open a bank account, but don't know if can they open a saving account in SBI Bank or not if they are under 18.
So don't worry here is the answer to this most frequently asked question.
Ans: Yes, you can open a saving account even if you are below 18 or under 18. SBI Bank offers two savings bank accounts for those who are below 18. And those are the following;
- PehlaKadam
- PehliUdaan
PehlaKadam
As per the official website, PehlaKadam is for those who are minors of any age. This account will be jointly opened with the parent/guardian.
PehliUdaan
PehliUdaan is for those minors who are above the age of 10 years and who can sign uniformly. This account will be opened in the sole name of the minor.
