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IB Smart Kid
Salient FeaturesA Savings Bank Account for Children
EligibilityChildren from the age 1 day to less than 18 years to be operated by Father / Mother and Guardian OR in case of court appointed Guardian – by Guardian
Value added* Anywhere Banking.
* Funds Transfer (RTGS/NEFT).
* Nomination Facility Available
Min AmtRs.250/- (Monthly average) for Cheque Book A/c and Rs.100/- (Monthly average) for Non-cheque Book A/c
Max AmtNo Limit
Other Requirements/Details* ATM / Debit Card for minors over 12 years and subject to consent by Parents / Guardian for issue of ATM / Debit Card.
* Internet Banking subject to consent by Parents / Guardians for using internet facilities.
* Remittance by DD / BPO of school / college fees at par.
* Transfer of funds from Parents' / Guardians' A/c to the Children's account allowed at par
 
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