2023 2024 EduVark > Education Discussion > Banks Related


  #2  
January 12th, 2018, 02:19 PM
Super Moderator
 
Join Date: Mar 2012
Re: Kotak Mahindra Bank Kid Account

The Kotak Mahindra Bank offer Junior Savings Account scheme.

Inculcate the habit of saving within your children, while also planning towards their
future.

Junior - The Savings Account for Kids


The Kotak Mahindra Bank Junior Account is specifically designed to teach your children the benefits of saving, while also providing a host of privileges across dining, edutainment and shopping on kids’ brands.

Attractive Interest Rates-
Up to 6%* interest p.a. on Junior

Guardian's Savings Account balance

Debit Card
Personalized Junior Debit Card#

Rewards
Get rewarded for saving regularly with their introductory offer

NMC Account
NMC waived^ Junior Account available as part of bundled offering

Discounts and Privileges-
Exclusive discounts and privileges across brands for kids

Earn up to 6% p.a. interest on savings account balance over Rs. 1 Lakh and up to Rs. 5 Crores.

Earn 5% p.a. interest on savings account balance up to Rs. 1 Lakh and 5.5% p.a. interest on savings account balance above Rs. 5 Crores.

Applicable for Resident Accounts only

Debit Cards will be issued to children above the age of 10 years and it will have a daily withdrawal limit of Rs. 5,000/- only.

Customer service: 1860 266 2666


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