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

As per the SEBI regulations, a guardian can invest in a minor’s account only using the minor’s bank account.

Also note that,

  • The guardian of the minor’s bank account & guardian of minor’s Scripbox account has to be one & the same person. 
  • If you are adding a joint bank account details, then your child has to be one of the bank account holders, preferably the primary account holder.

Hope we helped! Why not get started with your Scripbox.
If you need further assistance please feel free to reach us at 1800-102-1265