Student Saving Account

  1. Account to be opened in the name of minor.
  2. Account should not be opened / converted in joint names.
  3. No cheque book to be issued.
  4. Withdrawal alongwith Passbook only.
  5. Declaration cum no objection letter should obtain from natural guardian that minor has acquired sufficient knowledge about opening / operating the bank account.
  6. Account should be introduced by head of institution where the student is studying or by the guardians who are having account with us.
  7. Mobile no. of the natural guardian to be obtained for sending SMS alert.
  8. Overdrawing should not be allowed.
  9. Once the minor becomes major all items & conditions for normal Saving Bank Account become applicable.