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Give your child a bigger Piggy Bank to save all their money. Regardless of their age, Our CUBS-Savings Account enables your little ones to possess a bank account like their parents. Your child also receives attractive gifts and personalised pass book.

Minimum Balance:

  1. Rs. 100 for 1st year of account opening
  2. Thereafter Minimum AQB is Rs. 500/-

Features:

  1. Special Pass Book
  2. Account can be opened by depositing
  3. Rs.50/- only and subsequent deposit in Multiples of Rs. 10/-.
  4. Cheque Book Facility not available.
  5. After completion of 14 years of age minorcan singly operate the account

Cheque Book facility is available under Regular Minor by Guardian Savings Account. To know more kindly refer Regular Saving Account

Interest Rates:

Applicable on Savings Deposit Scheme is 3% p.a. w.e.f. 1st June 2020 quarterly rest


Eligibility:

  1. Minor upto the age of 18 years ( Minor with natural guardian)
  2. Minor upto the age of 21 years ( Minor with legal guardian)

Service Charges:

  1. Non-maintenance of minimum AQB  -  

      Rs. 5 per quarter​

  1. Account Closure - If Account is closed within -

      If the account is closed within 6 months - Rs.200/-
      Within 1 year- Rs 150/-

Click Here for other Service Charges


Documents:

Click here to download KYC documents submission requirement.