SDB Lakdaru Children’s Savings Account is the ideal start to securing a financially sound future for your child. Offering a higher interest and a host of features including medical insurance as well as rewards that include scholarships and a reward scheme that grows with your child, empowering them to succeed. Speak to us today to help your child realize their dreams.
FEATURES AND BENEFITS
- A higher interest for a children’s savings account (View Rates)
- You can deposit your savings as a lump sum or in easy installments within this period, and you will receive gifts according to the amount deposited, even if in installments.
- Every child aged 12 or under who deposits money will receive gifts relevant to the deposit.
- Hospitalization cover of up to Rs. 50,000/= valid for 01 year, for account holders who maintain a minimum account balance of Rs 50,000/-
- Private Hospitalization – Rs. 5,000/= per day up to 10 days (maximum Rs.50,000/=)
- Government Hospitalization – Rs. 3,500 /= per day up to 20 days (maximum Rs.50,000/=)
- An attractive rewards scheme for children who excel at the Grade 5 Scholarship.
Eligibility
- Account holder's age should be under 12 years to be for be entailed to gifts.
- A minimum initial deposit of Rs. 5,000/=
Required Documentation
- A duly filled account opening application
- Copy of the child’s birth certificate
- Copy of the national identity card / passport / driver’s license of parent or guardian
- Address verification document (i.e. copy of fixed utility bill, bank statement, etc) if current postal address differs from the national identity card or identification document
HOW TO APPLY
- Visit the nearest SDB bank branch
- Call our 24x7 Call Centre on 0115 411411
- Inquire now
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