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20th December 2017, 09:52 AM
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Join Date: Aug 2012
Re: Standard Chartered Bank CDA

Hello! Abhishek as you want to know details of MSF Baby Bonus Scheme of Standard Chartered Bank with information about Child Development Account so that you can go through the information.

Eligibility
A child is eligible for the Baby Bonus Scheme if he or she is:
A Singapore Citizen or becomes a Singapore Citizen

Born alive to the mother^; and

The mother is lawfully married to the childs father.

Enhanced Schemes benefits from 21 Jan 2013:

Birth Order
Cash Gift Matching Government Contribution in the CDA Total Benefit
1st child $6,000 Up to $6,000 Up to $12,000
2nd child $6,000 Up to $6,000 Up to $12,000
3rd child $8,000 Up to $12,000 Up to $20,000
4th child $8,000 Up to $12,000 Up to $20,000
5th child and beyond Not applicable Up to $18,000 for each child Up to $18,000

Birth Order
Cash Gift Matching Government Contribution in the CDA Total Benefit
1st child $4,000 Up to $6,000 Up to $10,000
2nd child $4,000 Up to $6,000 Up to $10,000
3rd child $6,000 Up to $12,000 Up to $18,000
4th child $6,000 Up to $12,000 Up to $18,000
5th child and beyond Not applicable Up to $18,000 for each child Up to $18,000

Birth Order
Cash Gift Matching Government Contribution in the CDA Total Benefit
1st child $3,000 Not Applicable $3,000
2nd child $3,000 Up to $6,000 Up to $9,000
3rd child $6,000 Up to $12,000 Up to $18,000
4th child $6,000 Up to $12,000 Up to $18,000


MSF Baby Bonus Scheme




Address:-
Standard Chartered Bank
1 Basinghall Avenue
London, EC2V 5DD
United Kingdom

Phone:-
+44 (0)20 7885 8888


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