Bank Of Baroda Gen Next Junior Account, Bank Of Baroda Children's Saving Account

Features

An account in the sole name of minor above 10 years and below 14 years, maximum limit of amount in the account is Rs 1 lakh.
In case of joint accounts with parent and minors (with sole account) above 14 years, there is no ceiling on the maximum amount.
Chequebooks will be issued under the scheme. First Chequebook with 20 leaves per half year will be free of cost.
Cash deposits of Rs. 50000/- and above in a day will require PAN.
Account will be operated by the customers using withdrawal slip, Cheque leaves, Standing instruction, ECS (debit), Debit Card, Internet banking facility etc.
Anywhere banking facility.
Free standing instruction.
Interest rate, periodicity and method of application of interest will be similar to our usual Savings Bank account.

Rs. 500

In case of minor below 10 years the account shall be opened jointly with parents/ guardian.
Minors above 10 years (below 18 years) can open the account in their sole name, subject to minor is able to read and write any of the recognized languages and capable in the opinion of the Bank officials of understanding the what he/ she is doing and SB account rules and regulations.