MY First YES Savings Account

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MY First YES Savings Account

Start your child's savings journey with My First Yes Savings Account—high interest, zero fees, and exciting rewards for young savers!

  • cheque availibilty
  • penalty for nonmaintenance
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Details for MY First YES Savings Account

Start building financial habits early with My First Yes Savings Account—a zero-fee account designed for kids. Enjoy high interest, parental control, and exclusive rewards, making saving fun and easy for young minds!

Interest Rate

7 % p.a.

Withdrawal Limit

Not available

Transaction Limit

Not available

Minimum Balance Required

  • 2,500/-

Additional Benefits

  • Earn attractive interest rates* on your Savings Account
  • Facility to customize withdrawal limits on Debit Cards
  • Low Average Monthly Balance" requirement
  • Earn 8,000 YES Rewardz in the first 90 days.
  • Convenience Banking
  • High Return
  • Lower Balance Requirement
  • Yes Rewards
  • A Minor Savings Account include features such as limited transactional capabilities, parental control on account operations, accelerated YES Rewardz. And the option to convert it into a regular savings account once the minor reaches the eligible age.