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Open a savings account for your children in SBI 2021, get many facilities, Know Details.

 Open a savings account for your children in SBI 2021, get many facilities, know Details.

Open a savings account for your children in SBI, get many fac

Welcome back to our informative blog site knowing steps360 with a new IMP News. Indias Biggest Public sector bank State Bank of India Allways Provides to General peoples for their benefits and secure their financial goals also. SBI gives also good interest for saving bank account and others schemes like RD, FD, and other Deposite schemes. In this year 2021 SBI also offers many schemes like Home Loan Offers and other helpful Offers, This scheme is one the best scheme for our children's future Life.

Pehla Kadam Pehli Udaan Scheme: 

Everyone wants their children to understand the importance of money and learn to save from childhood. Now one such special scheme by SBI, which has been prepared to keep in mind the small children. The biggest feature of SBI 'Pehla Kadam Pehli Udaan' (Pehla Kadam Pehli Udaan) is that in this scheme children of 1 to 10 years are getting different facilities, while children above 10 years of age are being given different facilities. . Let us know the special things related to this scheme-

Pehla Kadam Saving Scheme Details

This account can be opened jointly by the parents or guardians in the name of their children. But, along with this, children can also operate it themselves. With the facility of mobile banking, ATM will also be issued on this account. Keeping in mind today's time, payment of all types of bills is possible through this. 5,000 rupees can be withdrawn daily from this account. In addition, the accidental cover is also available to the account holder.

Pehla Kadam and Pehli Udaan, are complete bouquets of banking products, that will not only help children learn the importance of saving money but will also allow them to experiment with the 'buying power of money.

Both the Savings Accounts are fully loaded; replete with banking features like Internet Banking, Mobile Banking, etc. which will not just acquaint children with the different channels of modern-day banking but also teach them the nuances of personal finance. All these features come with 'per day limits' to ensure that they spend the money wisely.

Features of  Pehla Kadam Saving Scheme

1. Monthly Average Balance (MAB) requirement not applicable

2. Maximum Balance Rs. 10 lakh

3. Cheque book

4. PehlaKadam: Cheque-books are available

5. Where Mobile No. Of the account holder is recorded.

6. A specially designed Personalised checkbook (with 10 cheque leaves) will be issued to the Guardian in the name of a minor under a guardian.

7. PehliUdaan: Cheque-books are available

8. Where Mobile No. Of the account holder is recorded. A specially designed Personalised checkbook (with 10 cheque leaves) will be issued if the minor can sign uniformly.

9. Photo ATM-cum-Debit Card

10.  PehlaKadam: Child's photo embossed ATM-cum-Debit Card with withdrawal/POS limit of Rs. 5,000/-.

11. The card will be issued in the name of the minor and Guardian.

12. PehliUdaan: Photo embossed ATM-cum-Debit with withdrawal/POS limit of Rs. 5,000/- will be issued in the name of the minor.

You can Apply For the scheme By Official Online Process: https://bank.sbi/web/personal-banking/accounts/saving-account/savings-account-for-minors

    *** All of the above information will be given from the official Portal of State Bank Of India, any Mismatch and Changes may be held. Bank can changes the scheme at any time and Period without any Notifications, so this blog is not responsible for that.

Check Also: SBI SO Recruitment 2021, Know Details.

Check Also: SBI Offers Home Loan at Zero Processing Fee, 2021. 

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