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Children's Savings Account is a specially designed deposit product aimed at promoting a savings habit from an early age. Intended for minors aged below 18 years, this account allows parents or guardians to save the fund for their children by earning a comparatively higher interest rate. This product supports parents in the long-term financial planning to ensure the future financial security of the children.
Features
| Interest Rate | As per published monthly interest rate |
| Min. Balance | NRs. 100 /- |
| Interest Posting | Quarterly |
Charges
| Services | Amount | Offer |
|---|---|---|
| Cheque Book | Free | - |
| Debit Card | 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 Registration Certificate
- Citizenship Certificate or Driving License or Passport or Voter's ID of the Parents/Guardian
- National Identity Card (NID)
- PP Size Photo 2 pcs