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15 main kiya tha account school se karwaya tha ek oriental Bank of commerce main ab woh PNB ke sath Marge ho gaya ab hota hain ki nehi pata nehi

There a more compliance to open fintech startups then proving a dead alive.

Look at fampay, they're doing exact thing. Indian mindset does not allow use of such apps until you get a very very well recognition. Most people in India won't use it even if it's high potential.. Maybe you could try looking at this problem in a other perspective and bring out some unique solution.

Security would be quite a headache.

Fampay is startup by iit students solved this problem once check fampay it's really helpfull.

There are lot of banks which offer student account and then there is post office account. I believe that the GenZ needs is not a banking app to make UPI payments it's rather a class on how to properly perform a banking transaction and save money in general (investments and insurances)

RBI is watching you 👀

Already kaafi h iss field Mai, like fampay

Maybe you should open student account, they even offer debit card and use upi I think

Joint accounts are available i guess, its a safe choice to be under parents until 18, Please know your dealing with money and minor people should be very careful.

Like your idea , the competition is not so tight you can definitely try one though banks offer services for young kids , there are also apps that do this like Fampay. But if you’ve thought something take help and execute it .

Hey buddy many bank now offer banking services with pan card for undeage me too made a bank account like that and using it through phone pe

You can create bank account with Indian Post Payments Bank.If Age is above 10 years old.you can create phonepe or gpay with this account. I'm using this...

Use ur parents ph and ask them what u want they will guide u