Print a picture of your child at the ATM, a special service launched by this bank
Banks often offer a picture of their favorite picture or a picture of themselves again on an ATM debit card. The bank charges customers for making this type of card. However, now the State Bank of India has also launched a facility for children to issue ATM cards with their picture. There will be no hassle of even a minimum balance.
Banks often offer a picture of their favorite picture or a picture of themselves again on an ATM debit card. The bank charges customers for making this type of card. However, now the State Bank of India has also launched a facility for children to issue ATM cards with their picture. There will be no hassle of even a minimum balance.
The first step is to open a bank account for children under the first flight scheme. ATM cards are issued in the name of children only under this account. Children have their own picture on the ATM or debit card issued to them. Withdraw Rs.5000 from the ATM card found on this account and also shopping facility of the same amount.
Four percent interest will be paid
It is worth mentioning here that a child can pay or top up up to Rs. 2000. 4% interest on both these accounts which will be the same as the savings account. This bank account also offers facilities like internet banking, mobile banking, ATM card, check book facility for children. There are 2 types of accounts. One account for children under 10 and Pehli Udaan for children over 10 who can sign Uniformly.
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An account can be opened with parents
The first step is that any child or adolescent can open a joint account with their parents under the account. At the same time, the operation of this account can be done by the child along with the parents. In the first flight, they only opened an account in the name of a teenager over the age of 10. The children will also be able to manage this account themselves. KYC is required to open an account. A maximum of Rs 10 lakh can be deposited in this account. A checkbook in the name of the child holding this account will also be provided.
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