Why do I need to invest using my child’s bank account for my child’s investments?

Modified on Thu, 29 Jun 2023 at 03:46 PM

According to SEBI regulations, a guardian can invest in a minor's account only using the minor's bank account. Additionally, please keep the following points in mind:

  1. The guardian of the minor's bank account and the guardian of the minor's Scripbox account must be the same person

  2. If you are adding details of a joint bank account, ensure that your child is one of the bank account holders, preferably the primary account holder

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