Features
Account can be opened from even Rs. 100/- .
In the event of the depositor’s demise or becoming permanently disabled before completing the deposit plan, the guaranteed sum will be paid to the beneficiary at the maturity of the investment.
You can choose a optional monthly deposit amounts as 100/-, 500/-, 1000/-, 1500/-, 2000/-, 2500/-, 3000/-, 3500/-, 4000/-, 4500/- and 5000/-
There are also four options available in selecting the initial monthly deposit period. It can be 2 year, 3 year, 4 year or 5 year deposit plan which can be chosen by the basis of the child’s age.
Account holders who fall within the district highest marks earning 10 students in Year 5 scholarship program will be given scholarships worth Rs. 10,000/- each
Account holders who fall within the district highest marks earning 10 students in O/L examination will be given scholarships worth Rs. 25,000/- each
Account holders who fall within the district highest marks earning 10 students in A/L examination will be given scholarships worth Rs. 50,000/- each.
Eligibility
From a new born of day one to 12 years of age
Documents Needed
Refer Bank