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After checking in multiple banks, I find that for small children (below 10 yrs), banks do not give any facilities to make transactions from those accounts.
It will remain a plain vanilla account. If I want to make investments in my child's name in mutual funds etc online, it will not be possible.
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| Sripathi (Posted: Jul 9, 2012) |
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i wish the author had thrown some light on the following:
banks offering children's account facility and which one would be the best option vis-a-vis the benefits they offer?
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| rohini (Posted: Mar 15, 2012) |
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