{"id":103851,"date":"2025-04-22T13:54:02","date_gmt":"2025-04-22T08:24:02","guid":{"rendered":"https:\/\/vanillanews.com\/index.php\/2025\/04\/22\/rbi-allows-minors-aged-10-to-operate-bank-accounts-independently-updates-guidelines-for-smooth-transition-at-18\/"},"modified":"2025-04-22T13:54:02","modified_gmt":"2025-04-22T08:24:02","slug":"rbi-allows-minors-aged-10-to-operate-bank-accounts-independently-updates-guidelines-for-smooth-transition-at-18","status":"publish","type":"post","link":"https:\/\/vanillanews.com\/index.php\/2025\/04\/22\/rbi-allows-minors-aged-10-to-operate-bank-accounts-independently-updates-guidelines-for-smooth-transition-at-18\/","title":{"rendered":"RBI allows minors aged 10+ to operate bank accounts independently, updates guidelines for smooth transition at 18."},"content":{"rendered":"<p>The Reserve Bank of India (RBI) has recently revised guidelines pertaining to minors&#8217; deposit accounts, permitting individuals aged 10 and above to autonomously manage savings and term deposits, in accordance with respective bank regulations. It is imperative for banks to facilitate a seamless transition when the account holder attains the age of 18, by updating Know Your Customer (KYC) details and account administration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India (RBI) has recently revised guidelines pertaining to minors&#8217; deposit accounts, permitting individuals aged 10 and above to autonomously manage savings and term deposits, in accordance with respective bank regulations. It is imperative for banks to facilitate a seamless transition when the account holder attains the age of 18, by updating [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":103852,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120507494imgsize-1240667-4.jpg",1280,720,false],"thumbnail":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120507494imgsize-1240667-4-150x150.jpg",150,150,true],"medium":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120507494imgsize-1240667-4-300x169.jpg",300,169,true],"medium_large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120507494imgsize-1240667-4-768x432.jpg",640,360,true],"large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120507494imgsize-1240667-4-1024x576.jpg",640,360,true],"1536x1536":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120507494imgsize-1240667-4.jpg",1280,720,false],"2048x2048":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120507494imgsize-1240667-4.jpg",1280,720,false]},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"<a href=\"https:\/\/vanillanews.com\/index.php\/category\/just-in\/\" rel=\"category tag\">JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/103851"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=103851"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/103851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media\/103852"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=103851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=103851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=103851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}