Super Kids Savings Account

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Super Kids Savings Account

Super Kids Savings Account helps parents secure their child’s future with easy savings, parental control, and high interest. Build smart financial habits early!

  • cheque availibilty
  • penalty for nonmaintenance
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Details for Super Kids Savings Account

Super Kids Savings Account is designed to instill financial discipline in children while offering attractive interest rates. Parents can monitor and manage savings easily, ensuring a secure financial future. With added perks like free passbooks and digital access, it’s the perfect start to smart money management.

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Interest Rate

3.50% p.a

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Withdrawal Limit

Not available

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Transaction Limit

Not available

Minimum Balance Required

  • AQB for Metro / Urban / Semi Urban/ Rural -1,00,000/-

Eligibility Criteria for Opening an Account

  • Super Kids 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.
  • If you do not have a Savings Account with HDFC Bank then you will need to open one, before you open a Super Kids account.

Additional Benefits

  • Educational Benefits
  • Healthcare Benefits
  • Shopping Benefits: Hamelys E-Gift Card/Myntra E-Gift Card/Firstcry E-Gift Card worth Rs 1,000/-.
  • Secured Future of your Child
  • Insurance: Free Education Insurance cover of Rs.5,00,000/- in the event of death of the parent/ guardian through vehicular accident by road, rail or air to safeguard the future of the child
  • Standing Instructions: Set free automatic instruction to transfer funds to your Super Kid's account every month (Minimum value Rs. 5,000 & Minimum tenure 1 year) (Mandatory)
  • Money Maximizer facility(Optional Facility): Automatic transfer of excess funds over & above Rs 2,00,000 to a Fixed Deposit.
  • My Passion Fund: A deposit experience giving a child the flexibility to deposit money whenever it is available and make his/ her dreams a reality with small timely savings starting from Rs.1,000
  • Systematic Investment Plan: Invest small amounts on a weekly or monthly basis in Mutual funds from a young age through our Investment Services account which is linked to the Super Kids account
  • Sukanya Samridhi Account: To be bundled with all Minor Super Kid Girl accounts to facilitate higher interest on funds invested in this scheme as well as tax benefits under 80C
  • Debit Card can be issued only to minors above 3 years of age
  • Free ATM trasactions at all HDFC Bank ATMs and non-HDFC Bank domestic ATMs
  • Free passbook facility for all individual Bank Account holders
  • Free e-mail statements
  • Easy banking with facilities like NetBanking, PhoneBanking and MobileBanking that allow you to check your account balance, pay utility bills, or even stop cheque payments via SMS

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