Kidz Savings Account, makes saving fun and rewards you with a high interest rate, free insurance and gifts.
Show your children that saving is a good habit early in their lives with a Kidz savings account .So while you go about ensuring their well being, they grow up learning how to plan and prosper, valuable skills that are essential for success. Before you know it, they will step into the world and what you have saved for them will help secure their future.
Features and Benefits
Free life Insurance
For account balances above Rs.10,000
Critical illness cover up to a maximum of Rs.250,000 and hospitalization cash benefit up to a maximum of Rs2000 per day for the child
Free life cover of up to Rs.500,000 including total and partial disability cover for parent
Conditions Apply
Eligibility/Requirements
Child under the age of 18 years
Initial deposit of Rs.1000
Account should be opened by parent or guardian
Completed application form
Copy of the National Identity Card (NIC)/ valid Passport of the parent/guardian
Certified true copy of the original birth certificate of the child
