Bal Bachat Saving account is the product designed for the children/minors below 18 years of age. This product is designed intending parents to save for the future of their children. Children/Minor below 18 years can only open this account, which can be operated by the guardian. Once the child reaches 18 years the account owner will be transferred to him/her after submission of citizenship.
Features
- Minimum balance: NPR 100 .00
- Debit Card Charge: Free for the first year
- Internet Banking Charge: Free for the first year
- Mobile Banking Charge: Free for the first year
- ABBS: Free up to NPR 500k/ day
- Cheque Book: Free
- Interest Calculation: Interest Calculation on daily and payable quarterly
- Special feature: Children/Minor below 18 years can only open this account, which can be operated by the guardian. Once child reaches 18 years the account owner will be transferred to him/her after submission of citizenship
Required Documents
- Birth Registration Certificate or Minor Card from competent authority should be submitted to open this account.
