Little Heroes
| Category | Indicative Rate (P.A) |
| Children Savings | Contact Bank |
|---|
Features
Your child’s account will be credited with a tiered interest rate as calculated depending upon the daily balance.
These interests will be accrued ona daily basis and capitalized at the end of each month.
The minimum balance required to be maintained in the account is just Rs.500.00, and no opening or maintenance fee is applicable.
You are also eligible for a Deposit Insurance Coverage of maximum up to Rs.1,100,000.00 based on the deposit amount.
Eligibility
Account holders with age above 18 years are not allowed to open Minor Savings accounts.
Minor Savings Accounts are accepted only along with the authorization guardian.
Withdrawals from Minor Savings Accounts are restricted until the minor account holder attainsage of maturity.
Documents Needed
Duly filled application form
Birth Certificate copy (for minors)