To revamp the existing minor account and to attract more young savers of the kingdom, we revamp product of minor account as young savers account.
- Young savers account are opened on behalf of minors under the guardianship of natural/court appointed guardians.
- Parents may also open a joint account with their minor child/children.
|Name of the Product – Minor Account||Name of the product-Young savers Account|
Savings Deposit Accounts are treated as dormant in case there is no operations i.e. debit or credit entry for 1 Year or more. Manual deposit will have to be made in order to activate the account.
A depositor wishing to close his account can do so by surrendering the passbook and unused cheque leaves along with a written application to the Bank.
For further information, please contact our nearest branch.