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IB Smart Kid SB a/c ( for children of age 1 day to less than 18 years)
Interest Application
Revaluation of House PropertyIn January and July
Interest Application
Revaluation of House PropertyIn January and July
Salient FeaturesA Savings Bank Account for Children
Min AmtRs.100/- average monthly balance for non cheque book operated SB accounts
Rs.250 average monthly balance for cheque operated SB accounts
Other Requirements/Details• ATM / Debit card eligible for minors of age 10 years or more to those who maintain the prescribed minimum balance and subject to consent by parents / guardian for issue of ATM debit card.
• Internet Banking subject to consent by parents / guardian for using internet facilities
• Add-on-facility- Remittance by DD/BPO of school / college fees at par.
• Transfer of funds from parents / guardians account to the children’s account allowed at par.



 
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