National Toll Free No1800 425 00 000
 
National Toll Free No1800 425 00 000

IB Smart Kid

IB Smart Kid

Interest Application

  • Interest credited quarterly in the months of June, September, Dec ember & March on daily product basis.

Salient Features

  • A savings bank account for children of age 11 day to less than 18 years.

Min Amt

  • Rs.100/- average monthly balance for non cheque book operated SB accounts
  • Rs.250 average monthly balance for cheque operated SB accounts

Other Requirements/Details

  • ATM / Debit card eligible for minors of age 10 years or more to those who maintain the prescribed minimum balance and subject to consent by parents / guardian for issue of ATM debit card.
  • Internet Banking subject to consent by parents / guardian for using internet facilities
  • Add-on-facility- Remittance by DD/BPO of school / college fees at par.
  • Transfer of funds from parents / guardians account to the children’s account allowed at par.

( Last modified on Sep 20, 2019 at 12:09:09 PM )