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