Key Features
- No MAB required for first year
- 20 Free cheque leaves every year
- Personal Accident Insurance Cover for ₹1,00,000.00
Overview
Kids are the future of our nation and it is imperative to inculcate the habit of routine & disciplined savings in children at a very early age. It is our desire to play an active role in fulfilment of this objective for a better future of the kids & our nation at large. We are sure millions of kids will benefit from this innovative SB account.
Product Highlights
- Free Personal Accident Insurance Cover of ₹1,00,000/-
Features and Benefits
- Free Personalized Cheque Book of 20 leaves per Financial Year
- Free Net-banking with transaction limit of ₹ 2,500 per day
- For non-maintenance of MAB – Charges are ‘NIL’ for first year
Eligibility
- (Minor is a person who has not attained the age of 18 years, if the Father or Mother acts as a guardian (Natural Guardian) and not attained the age of 21 years, if the guardian is appointed by a court)
- Minor must be able to read and write either in English or in a regional language and must be able to put a uniform signature / Operated by Singly or Singly by Guardian.
- Mode of Operation : Singly by Minor or Singly by Guardian
- Minimum Monthly Average Balance Rs. 250
- Mode of Operation & Singly by Minor or Singly by Guardian