Pancha Children’s Savings
| Category | Indicative Rate (P.A) |
| Children Savings | 4.50% |
|---|
Features
Minor savings is an investment made on behalf of the child for future use for his/her education, health, sports & entrepreneurship.
Eligibility
Account holder must be below 18 years of age
An account can be opened in the name of the minor with the deposit of Rs.1000
Funds cannot be withdrawn until the child is 18 years of age
Documents Needed
National Identity Card / Passport / Driving License of Parent or Guardian
Birth Certificate of Minor
Billing Proof