HDFC Bank Kid’s Advantage Account is a savings bank (SB) account. Here, the child can have the account in his/her name, under a parent or guardian. The account holder can start saving from Rs. 1,000 per month. The child will receive a Debit/ATM Card, build a corpus for the future, and avail of several facilities such as net banking, Demand Draft, shopping, and more. He/she can also choose the sweep-in facility and Systematic Investment Plan.
In this post, we will discuss HDFC Bank Savings Account features, eligibility criteria, interest rate, documents required, fees and charges, and FAQs.
Here are the features:
Here are the eligibility criteria for HDFC Bank Savings Account:
Here are more details on this HDFC Bank Savings Account:
Here are the required documents to open HDFC Bank Savings Account:
Here are the charges that apply to this HDFC Bank Savings Account:
Here are the FAQs:
Here are more details:
The account holder can withdraw Rs. 2,500 from the ATM. He/she can spend Rs. 10,000 everyday at merchant locations.
You can opt for a Systematic Investment Plan. Here, from a young age, you can invest a small amount on a monthly or weekly basis in the bank’s investment services account or mutual funds. These accounts are linked to the Kids Savings account.
Here is what you will receive:
Here is more information:
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