Axis Bank Future Stars Savings Account, Axis Bank Children's Saving Account

Features

  • Personal accident insurance cover of Rs. 2,00,000 for the account holder i.e. for your child
  • Visa Classic Debit Card at nominal fee
  • 3.50% p.a. interest on deposited amount
  • The account can be operated by the guardian for children below 10 years of age

Average Monthly Balance

Rs. 2500

Eligibility

Applicant should be below the age of 18 years

Documents Required

  • Two latest passport size photographs
  • Proof of Date of Birth of your child
  • Address and identity proof documents

Fees & Charges

  • Statement: Free Monthly e-mail statement
  • DD/ PO Cancellation/ Duplicate Instrument Issuance: Rs. 100 per instrument
  • Visa Classic Debit Card Fees: Rs. 150
  • Debit Card Replacement Charges: Rs. 100
  • Local Clearing: Free
  • Funds transfer from parent's account: Free
  • Quarterly free 'payable at par' cheque book printed with minor's name, additional cheque book costing Rs. 50
  • ATM Transactions: First 5 transactions at all ATMs are free, thereafter charge of Rs. 20 for each financial & Rs. 8.50 for each non financial transaction will be there
  • Account Closure Charges: Rs. 500

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