• It is a deposit account, where a minor (age group between 10-17 years) can open and operate an account on their own. We have named this special account as Kalyan Kishor Kishori Savings Account.
• Minor can avail the facility of ATM cum debit card, internet banking (view option), SMS banking and acceptance of standing instructions, funds remittance through RTGS / NEFT & many others.

In order to open a new Kids Savings Account, simply walk into our nearest branch & submit the following documents to our bank officials (original for verification and self-attested copies for submission):

• Identity Proof of minor (KYC documents as per RBI guidelines)
• Address Proof of guardian (KYC documents as per RBI guidelines)
• Latest passport size photographs
• Copy of PAN / form 60 of minor guardian

• Fill in the Customer Information Form (CIF) & Account Opening Form (AOF), provide us the required documents and the minimum required amount (cash / cheque) and walk into the nearest branch for submission.
• You can get the CIF & AOF at any of our branch or you may simply download them from our website at ‘Forms Centre’ under know more section.

• On attaining majority, the said account should be closed and customer need to an open fresh account under Regular Savings account or as per option of the customer subject to eligibility criteria under the product.
• Once the minor account is changed into Regular Savings account, the special concessions of Kids / Minor scheme as per existing bank guidelines shall be withdrawn and charges as applicable in Regular Saving account shall be levied for the account.

• The minimum balance required to be maintained for Kids Savings Account is ₹ 50/-.

• Interest earned on your Kids Savings Account balance will be credited to your account on quarterly basis.

• Fill-up & submit the Multiple Service Form II (change in address section in MSF) with your original documentation for verification at your home branch.
• Please attach copy of self-attested address proof to MSF while submission.

• If you are opening an account for the first time, then all the service options available in AOF itself. You need to simply tick on the required service’s box to avail the same.
• If you are existing account holder, you need to submit MSF with appropriate selection of services.
• Please note that If you haven’t submitted PAN Card, you will not be eligible for ATM / Debit Card facility.

• Cheque book facility is not available for Kids Savings Account.

• You can download and print your account statement without any charges through our net-banking facility.
• Also you can tick the E-statement facility option present is AOF form with monthly, half-yearly or yearly option.
• If you don’t have net-banking facility, you may visit your home branch and submit application for account statement for the period mentioned by you (for which charges are applicable).

• The account becomes dormant if there are no customer-initiated transactions in the account for a continuous period of twenty-four months. (except system generated transactions like credit interest, service charges, etc.)
• As per RBI’s guidelines, we have display the list of unclaimed deposits/ inoperative accounts which are inoperative for ten years or more under Unclaimed deposit section.
  You can search for details of unclaimed deposit by providing your name in the ‘search box’ and If your name and address is matching with the data available in the search results, kindly approach the concerned branch for revival / refund of the deposit with necessary documents as proof of deposit.
• In case of death of account holder, Nominee (or legal heir in case of non-individual account) should visit the home branch for further procedure.