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Search results for 'savings account'

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Minors Over 10 Years Can Operate Bank Accounts Independently

RBI has now allowed minors over 10 years of age to open and operate savings and term deposit bank accounts in India, independently.

SBI Removes Minimum Balance Requirement

The State Bank of India (SBI) on Wednesday, 11th March, announced that its customers need not maintain a minimum balance in savings accounts.