The Children Savings Account is a specially designed deposit product aimed at promoting a savings habit from an early age. Intended for minors aged 18 years and below, this account allows parents or guardians to save on behalf of their children while earning competitive interest rates. It supports long-term financial planning and helps ensure the future financial security of the child.
Features
| Interest Rate | As per published monthly interest rate |
| Min. Balance | Nrs. 100 /- |
| Interest Posting | Quarterly |
Charges
| Services | Amount | Offer |
|---|---|---|
| Cheque Book | Free | - |
| ATM | Nrs. 250/- per year valid for 10 years | Free for first year |
| Mobile Banking | Nrs. 200/- Per Annum | Free for first year |
Required Documents
- Birth Certificate
- National Identity Card (NID)
- PP Size Photo 2 pcs