Sbi account for children from 10 and above

For children New Delhi:

 Now  Personal savings account FOR children under 18 

This plan was introduced by sbi (state bank of India ) it Allows children who are in between 10-18 can open a account carry their check book and even ATM card this was orderd by RBI for children who are above ten years who can sign  

This is called pehli udan Children above 10 years with parents or guardians  can open the accounts 

Cause 

The main cause of this program is to Gain knowledge on savings by children and do not waste money on the unnecessary things and by only useful things to children this was stated by the chair person of SBI ARUNDHATI BATTA CHARYA

Futures of this account 

 this 2 types off accounts 

Pehli  udan and pehli  kadam 

 For this both accounts 

 

Specialy designed passbook and to checkbook will be issued And ATM/debit card will be available with photo of the account holder 

Net banking will be available up to 5000/day 

And even mobile banking up to 2000/day