As per RBI norms, any child above 10 years old can open a savings account singly or under Guardianship up to the age of 18 years. Children above 10 years can operate a savings account himself/herself without any guardianship of parents if he/she can make the signature by himself/herself, though these type of minor account has some restriction, like maximum withdrawal up to Rs.5000 per day. The issuance of Debit card to a minor account solely depends on the card-issuing banks, many private banks like ICICI, HDFC or Axis Banks are issuing debit cards to the minor accounts, but PSU banks may not provide debit cards to minor accounts. For the same reason, cheque books are also not issued to minors. The main reason behind that as per the Negotiable Instrument Act, any agreement or contract with a person below the age of 18 is void, a minor will not incur any loss or liability if any fraud or loss happens to Banks.