Imbibe the significance of regular savings in your child. The Zero Balance Minor Savings Account is a unique feature that all account holders can open for their children.
Features
No maintenance charges
Debit card offered to the minor above the age of 12 years, who can sign uniformly
Daily withdrawal limits of Rs 1,500 at ATMs
Daily spend limits of Rs 1,000 at merchant outlets
Free Monthly Statement clubbed with the statement of the Smart Privilege account of the mother
At-par cheque book at a nominal cost
Who can open a Minor Account?
Children below the age of 18 years
The guardian of the minor should be a Smart Privilege Accountholder
Documents required:
Date of Birth proof of the minor
Account Number and Customer ID of your account (Smart Privilege Account)
