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To my data, Checking account holder title and the PAN holder title must be identical for IPO bid to achieve success in present norms. (in different phrases., i believe it’s essential apply IPO solely from minor’s checking account, unsure although)
I can’t make clear your query exactly.,.bcoz in my case, i wouldn’t have account with AU Financial institution, i opened account just for my child (with out guardian’s account). However i may give the image of the method i’m following for making use of IPO in my child’s case.
Whereas opening for my child checking account in AU Financial institution…i bought two buyer IDs. One for me and one for my child. Web banking entry was given solely to my buyer ID i.e. Guardians’. I login with the guardian buyer ID and made ASBA registration for my child. And utilizing that very same account …i’m making use of for IPO on behalf of minor.
However for a transparent image and proper steerage…@gowtham4 would be the proper particular person to your question.
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