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Rajbank Young Star Saving Bank Account

A unique product for the children between the age group from 01 to 18 years seeks to secure the future of the child as we propose to provide free insurance cover up to Rs. 0.50 lac in the event of accidental death of his / her parents. Thus, Parents can ensure their child’s secured future and fulfill all his / her dreams in time. The Young Star SB Account presents a great way to accumulate savings for child and provide him the head-start required to succeed in life. It’s an account which grows with child to meet this future monetary requirements. The account shall be opened in the name of child.

FEATURES:

Quarterly Average Balance (QAB) - Rs. 1,000

PRIVILEGES:

    1. Free Insurance cover of Rs. 50,000 in the event of death of the parent / guardian in accident by Road, Rail or Air to safeguard the future of the child. Premium of Rs.10/-+S.T. on insurance coverage of Rs. 0.50 lac will be borne by the Bank.

    2. Free cash withdrawal upto 5 times on any other Bank’s ATM.

    3. Free 60 Cheque leaves in a year.

    4. Free ECS ( Credit / Debit )

    5. Free Standing Instructions.

    6. Free E-Mails / SMS Alerts on the transactions.

OTHERS :