Punjab National Bank: Punjab National Bank (PNB) is the second largest bank in the country and this bank provides the facility of opening accounts not only to elders but also to children. Today we will tell about one such account PNB which is special only for children.
PNB Junior SF Account
The name of this account for the children of PNB is PNB Junior SF Account, which is a savings fund account, which has been created for special children. Children above the age of 10 years can open this account.
What is required to open this account
To open this account, you need to do KYC. In this, along with the photo, identity proof and address proof are also necessary. For more information about this account, you can also visit the official link https://tinyurl.com/u88j3rdx.
Highlights of PNB Junior SF Account
You do not need a minimum balance for this account. This account can be opened for minor children which can be opened by legal and natural parents. Children above 10 years can open this account on their own. The initial deposit in this account is zero.
5000 rupees can be withdrawn every day
On this account, the bank gives free demand draft to the children for school and college. Apart from this, the facility of Rupay card is given in this, through which the customer can withdraw Rs 5000 every day.
Facilities available in PNB Junior SF Account
Minimum Quarterly Average Balance (QAB) in PNB Junior Account is zero. Apart from this, customers get a check book of 50 checks on this account, which can be used for one year. Apart from this, NEFT transaction facility is also available, in which you can do free transaction up to Rs 10,000 every day.
SBI Saving Account for Children
State Bank (SBI Saving Account for Children) allows children to open accounts in two categories. The name of the first category is Pehla Kadam (SBI Pehla Kadam) and the second is Pehli Udaan (SBI Pehli Udaan). The special thing about both the accounts is that there is no hassle of maintaining the minimum balance in both. Along with this, facilities like Net Banking, Mobile Banking are also available in this account.
Pehla Kadam Savings Account (SBI Pehla Kadam Saving Accounts)
Pehla Kadam Bank Savings Account can be opened for a minor child of any age. This account can also be opened jointly with the parent or guardian. Account cannot be opened in the name of the child only. This account can be operated separately by both the child and the parent. On this account, the bank issues a debit card from which you can withdraw up to Rs 5,000. In this account, you get permission for mobile banking transactions of Rs 2,000. A check book is also available in this account which contains 10 cheques. This check book is issued in the name of the guardian. It is necessary to enter the mobile number while opening this account.
First Udaan Savings Account (SBI Pehli Udaan Savings Account)
State Bank Pehli Udaan Savings Account can be opened for children above 10 years and below 18 years of age. This account can be opened as a single account only in the name of the children. Minor can handle this account alone. Debit card facility is also available in this account, which has a daily limit of Rs 5,000. Along with this, Rs 2,000 can be transferred to this account through net or mobile banking. Along with this, a check book is also available in which 10 checks are given.