State Bank of India (SBI) has made available the facility of opening a savings account for minors in the name of Pehla Kadam and Pehli Udaan.
If you want to open your children’s online account then the country’s largest bank State Bank of India (SBI) has brought this facility for you. SBI has made available online the opening of a savings account for the minor, namely, the first steps (Pehla Kadam) and the first flight (Pehli Udaan). Along with this, a limit for children to withdraw money from these accounts has also been fixed. Let’s know how to open an account and its benefits.
1. Pehla Kadam Saving Account
>> Under this account, parent’s or guardian’s joint accounts can be opened with minor children of any age.
>> It can be operated by the parent or guardian or the child himself as a single person.
>> This card will be issued in the name of the minor and guardian.
First step: Benefits of saving account
>> Mobile banking facility is available on this account, in which all types of bills can also be paid. There is a limit of up to Rs 2,000 >> daily transaction.
>> ATM-debit card facility is also available when a bank account is opened in the name of children. This card will be issued in the name of the minor and guardian. You can withdraw up to Rs 5,000 in it.
>> Internet banking facility has a limit of up to Rs 5,000 daily. With this, you can collect all types of bills.
>> Personal Accident Insurance cover is also available for parents.
2. Pehli Udaan Saving Account
>> Children over 10 years of age who can sign on to this account can open their account under the first flight.
>> This account will be completely in the name of a minor.
>> he can operate it alone.
it can also get ATM- debit card services and withdraw money from the peak of Rs 5,000. Along with this, a mobile banking facility is also available. In which you can transfer up to 2000 rupees daily.
You can also do all kinds of payments with this.
With an internet banking facility, projects can be transferred up to Rs 5,000.
In this, the same facility of the checkbook is available in the first step.
On the first flight, the minor does not get any facility of overdraft.
such a way, open children’s account
>> First you go to the official website of SBI sbi.co.in. After this, click on Personal Banking.
>> Now click on the Accounts tab and select the option of Saving Account of Minors.
>> Then click on Apply Now. Then you will see pop-up features of digital and Insta Saving accounts.
>> Now you have to click on the tab of Open a Digital Account.
>> Then click Apply now and go to the next page.
>> Enter your complete information to open an account.
>> Note here that to complete this process, it is necessary to go to the branch of SBI once.
>> Apart from this, you can also open an account by going to the SBI branch in an offline way.
Know the full details here