IB Kishore – Savings Bank Account for Minors

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IB Kishore – Savings Bank Account for Minors

Help your child start saving with IB Kishore – a secure, easy-to-manage savings account for minors that teaches financial responsibility early on.

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Details for IB Kishore – Savings Bank Account for Minors

Indian Bank Kishore is a savings account designed for minors, offering easy management, secure savings, and access to interest benefits. Perfect for teaching children financial discipline while securing their future.

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Interest Rate

2.90% p.a.

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Withdrawal Limit

Not available

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Transaction Limit

Not available

Minimum Balance Required

  • Nil

Eligibility Criteria for Opening an Account

  • Accounts introduced for Minors who have attained the age of 10 years upto 18 years and can put their signature.

Additional Benefits

  • MAXIMUM BALANCE CAPPED AT 2,00,000
  • AVERAGE MONTHLY MINIMUM BALANCE Not required
  • RuPay Classic ATM Card only with 1st year AMC free.
  • MAXIMUM WITHDRAWAL AT OUR BANK Unlimited counts with a per day limit of Rs.10,000

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