Young Stars and Smart Star Savings Account
Young Stars Savings Account
You can open and operate the account to plan your child’s need, right from a young age.
Features of Young Stars Savings Account
- Free Young Stars Debit Card - This will help your child to directly make purchases through a POS (Point of Sale) machine available at most stores and also withdraw cash from any ATMs. To know more, click here
- Choose Young Stars debit card with limits of Rs. 2,500 / Rs. 5,000 for shopping and cash withdrawal each day
- Standing Instructions Facility to debit money from parents account to the youngstars account.
- Money Multiplier Facility
Smart Star Savings Account
A minor above the age of 10 years, can open and operate the account all by themselves. This will inculcate habit of savings and a responsibility to spend wisely.
Features of Smart Star Savings Account
- Free Personalised debit card with spend and withdrawal limit of Rs. 5000
- Personalised cheque book – cheques can be issued by the child
- Free Internet Banking access
- Free Mobile Banking Access
- Free email statement
- Pre-paid Mobile recharge facility
Smart Star account comes in two variants
Smart Star Savings Account with Guardian Consent – has a debit transaction limit of Rs. 2 Lacs in a financial year.
Smart Star Savings Account without Guardian Consent – has a debit transaction limit of Rs. 50000 in a financial year
In case of breach of debit transaction limit account is frozen
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