Home Archives Volume 4, Issue 1 Articles Open access · CC BY-NC 4.0
Article Vol. 4 No. 1 (2021) PP. 1862 - 1870

Banking Special Customers

Lead author · Corresponding
Raghvi Gupta
Ajeenkya D Y Patil University, Pune, India
View PDF Full text
23 views 0 downloads
Abstract

Banking is an important sector and lots of informalities occur while dealing with the customers which are classified as special as due to prevalence of other laws, customs and most importantly the soundness of mind. And therefore, keeping in mind all of these, special rules are formulated to deal with such customers and situations. A banking relationship between a customer and a bank is also a type of legal contract. Banks solicit the deposit of money from public and any person who is legally capable of entering in a valid contract may apply in a proper way to deposit his or her money with the bank and hence enter into a valid contract with the bank. As , by the law, there are exceptions regarding people or situations , similar is with the banking customers. The banks consider a few categories of people including minors, married women, and lunatics etc. as their special customers. The research deals with the rules for minors and guardianship rules, studied taking in view the different religions and its significance in the field of banking. Also, the paper answers the questions like precautions to be taken while operating or creating accounts of married and pardahnashin women and provisions for the blind and illiterate customers.​

Type
Article
Information
International Journal of Law Management and Humanities, Volume 4, Issue 1, Page 1862 - 1870
Creative Commons
CC BY-NC 4.0 This is an Open Access article distributed under the terms of the Creative Commons Attribution–NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
Copyright
Copyright © IJLMH 2026
Disclaimer
The views and opinions expressed in this manuscript are those of the author(s) alone and do not reflect the views, policies, or position of the Journal.

Export citation


        
📢 Call for Papers — Volume IX Issue IV now open  ·  Impact Factor 7.010  ·  Indexed in HeinOnline, Manupatra & Google Scholar + 1000+ Libraries  ·  Free DOI Submit Now →
Chat with us