Junior Account in State Bank Of India

Hii sir, I Wants to get the Information About the Junior Account / Minor Saving Account of the State bank of India ?

[pawan]

As you Asking for the Information About the Junior Account / Minor Saving Account of the State bank of India the Information is given below

Minimum Balance Not required
Interest Rate 4.00% p.a. calculated on a daily balance

Features

SBI offers two schemes for minors known as PehlaKadam and PehliUdaan.
No minimum balance required.
Can be opened jointly with parents or guardians.
Transfer the account to any SBI Branch without changing the account number.
Nomination facility available.
Interest is calculated on the daily balance at 4% p.a.
Photo ATM cum debit card with withdrawal/POS limit of Rs. 5,000.
Specially designed branded passbook and cheque book issued free of cost.
Smart Scholar - Child Plan can be availed with inbuilt premium waiver and loyalty additions to fulfil your child's dreams.


Account closure
Within 14 days Nil
Upto 6 months Rs.337
6 - 12 months Rs.225

Documents Required
Date of Birth proof of the Minor
KYC of the Parent

For more Information you may Visit the Nearest branch of the State Bank of India