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Minor's Savings (SB) Account

Features
  • A savings bank deposit account can be opened by a minor of any age through his/her natural or legally appointed guardian.
  • Minors above the age of 10 years will also be allowed to open and operate savings deposit bank account independently.
  • Minors above the age of 10 years will be allow to operate SB account subject to restriction on transaction and no cheque books will be provided to such account.
Required documents
  • Permanent Account Number(PAN)/ Aadhaar/ Passport
  • If address proof and Identity proof are same, no additional identity proof is required.
  • Recent Passport size photographs
Interest Rate
  • Upto Rs. 5.00 lacs @ 2.5%
  • Above Rs. 5.00 lacs @ 2.5%

Quick Enquiry

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