Bare ActsThe Government Savings Promotion Act, 1873

Section 3B

Deposit by minor.

Amendment status not verified — confirm the current text below against the official source.

1 [3B. Deposit by minor.-- (1) A minor who has attained the age of ten years may open and operate an account in the Government Savings Bank, if so permitted under a Savings Scheme. (2) Subject to the provisions of sub-section (1), the guardian of a minor may open and operate an account on behalf of the minor, till he becomes a major.]

Amended up to 2019-03-11View on India Code →
Section 3B – The Government Savings Promotion Act, 1873 | DailyLaw.ai