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A Savings Bank account targeted at the Childrens Student Community. The features of the scheme are as under

Who can open the Account?

  • Only student who have completed 10 years of age and
    are pursuing regular courses can open these accounts.

  • Existing regular SB accounts of students already opened with
    the bank can also be converted to this new account. At the
    time of opening the account, the student must furnish a copy
    of student Identity Card issued by the school/college.

   Initial Deposit/Quarterly Average Balance/other terms

  • This account can be opened with initial balance of Rs.100/-
    and has to maintain QAB of Rs.100/- thereafter.

  • Withdrawal not to exceed 20 per quarter.

Other Facilities :

  • No annual maintenance charges for Debit Card.

  • Free Demand Draft and Pay order upto a maximum of 5 instruments per quarter.

  • No service charges for collection of cheques.

  • Free cheque book facility for students above 18 years of age.

      

 

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