SDB bank | SDB Lakdaru

SDB Lakdaru

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
E-Calendar 2025