Further, the RBI stated that after one becomes an adult, fresh operating instructions should be provided, and a separate specimen signature of the account holder should be obtained and kept on record.

For minors reaching the age of majority, banks are required to update the operating instructions and specimen signatures in the account records. Banks can also offer additional services like ...

Additionally, once the account holder reaches the age of majority, it is necessary to obtain updated operating instructions and a sample signature, which should be stored for reference purposes.

New Guidelines Following Majority Banks are required to get updated specimen signatures and new operating instructions when a minor turns 18. The account balance needs to be checked and validated ...

On reaching the age of majority (18 years), account holders will be asked to provide new instructions and specimen signatures. Banks are advised to make new and/ or amend existing policies to align ...

When minors achieve the age of majority, banks must update the operational instructions and specimen signatures in their account records. Banks can also provide extra services such as internet banking ...

Further, on attaining the age of majority, fresh operating instructions and specimen signature of the account holder should be obtained and kept on record. "The banks are free to offer additional ...