I need to open a Zerodha account for my youngster.
I want to buy some MFs(by Coin) and do some month-to-month SIP(s) as effectively.
I’m little confused on the mandate half. I’m about to open the checking account with SBI. Although their PehlaKadam (my child is lower than 10 years previous) A/C helps ATM/Debit card and withdrawl facility(as per their web site) however I’ve come to know from completely different boards that a lot of the branches stated No for ATM card issuance for this type of accounts. In that case I used to be simply questioning how mandate can be authenticated ? By Aadhar based mostly UPI ?
I’ve different two PSU financial institution choices to think about PNB and Indian Financial institution. Other than these three I dont have some other choices for banks together with personal financial institution.
