Children 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 comparatively higher interest rate. This product supports the parents for 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