Application or Letter for Minor to Major Bank Account Update
Before moving ahead let’s get clear about what is minor and major bank accounts are and also what are differences between them.
Minor Bank Account: Basically Minor account is a type of account that is opened by a bank for a customer aged less than 18. Also, a minor bank account comes with some limitation that includes per day transaction limit to online banking limitation.
Major Bank Account: As per the official document submitted by the customer to the bank. If their age is above 18, then the account held by the customer categorize as a major bank account by the bank. Which comes with unlimited features offered by the respective bank.
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Usually, 3 to 4 documents are required for converting your minor bank account to a major bank account and these are as follows:
Date: __/ __ /____
To,
The Bank Manager,
[Bank Name]
[Bank Address]
[City, State ZIP Code]
Subject: Application for Converting Minor Account to Major Account
Dear Sir/Madam,
I, [Your Name], currently hold a minor savings account (Account number: [Account Number]) with your esteemed bank. I am writing this letter to request a conversion of my minor savings account into a major savings account.
As I have turned [Your Age] years old on [Your Date of Birth], I am now eligible to operate a major savings account. I would like to request your assistance in upgrading my account so that I can have access to all the services and benefits that are available to major account holders.
Please find attached my [Your Age]-year-old identity proof and other required documents. I would be grateful if you could process my request at the earliest and let me know the necessary steps that need to be taken to complete the process.
Thank you for your attention to this matter. I look forward to your prompt response.
Sincerely,
[Your Name]
[Contact Details]
Date: __/ __ /____
To,
The Bank Manager,
[Bank Name]
[Bank Address]
[City, State ZIP Code]
Subject: Request for Conversion of Minor Bank Account to Major Bank Account
Dear Sir/Madam,
I am writing to request the conversion of my minor bank account (Account Number: [Account Number]) to a major bank account. I have turned [Your Age] years old and am now eligible to operate a major bank account.
Attached please find the required documents, including my [Your Age]-year-old identity proof, to support my request. I would be grateful if you could process my request at the earliest and let me know the necessary steps that need to be taken to complete the process.
Thank you for your attention to this matter. I look forward to hearing from you soon.
Sincerely,
[Your Name]
[Contact Details]
Date: __/ __/ ____
To,
The Bank Manager,
_______________ (Bank Name)
_______________ (Branch Name)
Subject: Application for Minor to Major Account Conversion.
Respected Sir/Ma’am, (Whichever is Applicable)
With due respect, I would like to inform you that I am __________ (A/c Holder Name) and currently I am operating my ___________ (Saving/Recurring/Fixed) Account within your branch having A/c No.___________. The purpose of writing this application is to inform you that, I opened this account when I was under 18. And now I am ____ (Your Age), but still, my account is operating as a minor account. Therefore I request you please convert this minor account to a major account.
Kindly grant me permission for the same. So that I can also utilize other important features of my account such as Debit cards, Credit cards, and Net Banking facilities.
Thanking You
Your Trustworthy
______________ (A/c Holder Name)
A/c No.: ______________
Contact: +91- 90000 90000
Attached Document (If Required): 1. Aadhar Card, 2. Birth Certificate, 3. PAN Card
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Date: 25/07/2023
To,
The Bank Manager,
Bandhan Bank,
Saridhela Branch,
Dhanbad – 828109
Subject: Application for Minor to Major Account Conversion.
Respected Ma’am,
I am Saket Verma and I am operating one of my savings accounts having A/c No. 1234500012345 within your branch. I am writing this request letter to you for the conversion of my minor savings account to a major account. As I have reached the age of 18, I am now eligible to operate the account as a major.
Please let me know if any further documentation or information is required from my end to facilitate this process. I am willing to comply with any formalities necessary for the conversion.
Thank You.
Your Trustworthy
Saket Verma
A/c No: 1234500012345
Contact No.: +91-96000 96000
Attached Document(If Required): 1. Aadhar Card Copy, 2. PAN Card Copy, 3. Age Proof
Date: 25/05/2023
To,
The Bank manager,
State Bank of India,
Koyla Nagar Branch,
Dhanbad.
Subject: Request Letter for Minor to Major Account Update.
Respected Ma’am,
With due respect, I would like to inform you that, I am Akshay Tandon and I am operating one of my Savings accounts within your branch having A/c No.: 1234500012345. Since I opened this account when I was under 18 and due to this, my account is still operating as a Minor Account and now I am 19. And still, I am unable to use other features and services of this account.
Therefore I request you to please update my bank account from a minor account to a major account as soon as possible.
Thanking You.
Your Trustworthy
Akshay Tandon
A/c No.: 1234500012345.
Contact: +91-78000 78000
Attached Document(If Required): 1. Aadhar Card, 2. PAN Card.
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To,
The Bank Manager,
HDFC Bank,
City Branch Ranchi.
Subject: Application for Minor to Major Account Update.
Respected Ma’am,
I am Rahul Kumar and I am operating one of my Recurring deposit accounts in your branch having Account Number 4598000012345. With due respect, I would like to inform you that I opened this account at an early age and now I become 19. Since this account was opened by me when I was under 18. Hence this account operates as a minor account. Which has lots of restrictions in terms of features and services.
Therefore I request you please update my account from a minor account to a major account. Kindly initiate the process as soon as possible so that I can fully utilize the feature and services of my bank account.
Thanking You.
Your Trustworthy
Rahul Kumar
A/c No.: 4598000012345
Attached Documents(If Required): 1. PAN Card, 2. Aadhar Card
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To,
The Post Office Manager,
Post Office,
Dhanbad Main Branch.
Subject: Application for Minor to Major Account Update.
Respected Ma’am,
I am writing to request the change of my minor account to a major account. As I have recently turned 18, I am now legally able to manage my own finances and require the additional privileges that come with a major account.
Please find attached a copy of my government-issued ID and a letter from my legal guardian authorizing this change. I have been a satisfied customer of the Post Office for several years and look forward to continuing to use your services with my new account.
Thank you for your time and assistance with this matter.
Sincerely,
Armaan Kumar
A/c No.: 4598000543210
Date: 28/09/2023
To,
The Manager,
Hirapur Branch,
Subject: Application changing minor account to major account
Respected Sir,
I am writing to request the change of my minor account to a major account with Canara Bank. As I have recently turned 18, I am now legally able to manage my own finances and require the additional privileges that come with a major account.
I have been a satisfied customer of Canara Bank for several years and wish to continue banking with your institution. Please find attached a copy of my government-issued ID and a letter from my legal guardian authorizing this change. I also have enclosed my minor account details for your reference.
I would appreciate it if you could process my account change request as soon as possible. Please let me know if there are any further requirements or procedures I need to follow.
Thank you for your time and assistance with this matter.
Sincerely,
Suman Kumar
A/c No.: 459800055798
When writing a minor to major account-changing application, there are a few tips you can keep in mind to ensure that your application is effective and persuasive. Here are some suggestions:
Overall, by providing a clear explanation for the account change, following proper procedures, providing supporting documentation, emphasizing responsible financial behavior, and maintaining a professional tone, you can increase the likelihood of a successful account change application.
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Minor bank accounts are a great way to introduce children and teenagers to the concept of banking and financial management. By having a bank account, they can learn how to save money, make deposits and withdrawals, and keep track of their transactions.
Keeping money in a bank account is generally safer than keeping cash at home, which is vulnerable to loss or theft. Bank accounts are also FDIC insured, which means that the account holder’s funds are protected in case of bank failure.
Minor bank accounts often come with online banking, which allows account holders to check their balances, make transfers, and pay bills from anywhere with an internet connection.
Minor bank accounts allow young people to have some financial independence, as they can manage their own money within the limits set by their parents or guardians.
Some banks offer special accounts for minors that can help them start building their credit history at an early age. This can be useful when they are ready to apply for loans or credit cards in the future.
Overall, minor bank accounts provide a good opportunity for young people to learn about money management and develop healthy financial habits. By opening a bank account early on, they can set themselves up for future financial success.
Through this article, you see the sample and format of the application and letter related to converting your minor bank account into a major bank account. Apart from this, you also learned about the benefits associated with the Minor Bank Account. Further, if you have any doubts, queries, or feedback related to this article then let us know by commenting down below.
Ans: Converting a minor bank account to a major bank account is just a work of an hour. And for that, you need to visit your bank branch with an application for the manager by mentioning your subject. Other than that you also need to submit your KYC details and for KYC you can carry your Aadhar card, and your PAN card.
Ans: Usually 3 to 4 documents are required for converting your minor bank account to a major bank account and these are as follows:
1. Aadhar Card.
2. PAN Card.
3. Your Contact/Mobile Number.
4. An Application to Bank Manager.
Ans: Yes, to convert a minor bank account to a major account you will need a PAN Card.
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