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  #1  
February 9th, 2016, 12:41 PM
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Open Account for Child

I am planning to open an account for my child and heard about the Kid Advantage account of HDFC Bank want details of opening an account. Will you please tell me what the benefits of opening Kid Advantage account in this bank and also tell me other types of account available?
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  #2  
February 9th, 2016, 12:46 PM
Super Moderator
 
Join Date: Mar 2012
Re: Open Account for Child

HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra.

Kid Advantage account:

Benefits:

You will get some exclusive features and benefits with your HDFC Bank Kids Advantage Account

Free Education Insurance cover of Rs.1,00,000/- in the event of death of the parent/ guardian through vehicular accident by road, rail or air to safeguard the future of the child

ATM/International Debit Card will be issued for children between 7-18 years of age in your child's name with your permission. Your child can withdraw Rs. 2,500 at ATMs and spend Rs. 10,000 at merchant locations per day.

Free cash withdrawals on any other Bank's ATM
1 free PAP cheque book for your child at the time of account opening.
Free e-mail statements / passbook facility for all account holders (individuals)
Free NetBanking for you to monitor your child's account.

Eligibility to open an account:

Kid’s Advantage Account can be opened for your child as long as your child is a minor (up to 18 years of age) and you have a Savings Account with HDFC Bank.

Types of account in HDFC:

Savings Accounts

SavingsMax Account
Regular Savings Account
Women's Savings Account
Senior Citizens Account
Family Savings Group Account
Basic Savings Bank Deposit Account
Institutional Savings Account
BSBDA Small Account
Compare Accounts

Other Accounts & Deposits

Salary Accounts
Current Accounts
Deposits
Safe Deposit Locker
Rural Accounts

Contact:

HDFC Bank Ltd., New Bldg; "A" Wing 2nd floor,
26-A Narayan Properties,Chandivali Farm Road,
Off Saki Vihar Road, Chandivali,
Andheri (East), Mumbai- 400 072


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