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Children's savings accounts

Compare savings accounts whose published eligibility or operating rules are designed for minors.

11 products

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Not published
  • ₹2,000 metro/urban
  • ₹1,000 semi-urban
  • ₹500 rural
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bob Champ AccountBank of Baroda
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₹0
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₹0
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₹10 lakh MAB, or ₹5 lakh savings MAB plus ₹10 lakh in term deposits
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Visa Opulence debit card with 100% issuance and renewal fee waiver for the first account holder
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₹1 lakh
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Visa Platinum EMV chip debit card with lifetime-free issuance and renewal
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Zero-balance account
2.50% p.a. across all account balances
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SBI Defence Salary PackageState Bank of India
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Zero-balance account
2.50% p.a. across all account balances
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Zero-balance account
2.50% p.a. across all account balances
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2.50% p.a. across all account balances
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Nil minimum balance and nil minimum average balance, with no MAB non-maintenance penalty
2.50% p.a. across all account balances
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Not applicable
2.50% p.a. across all account balances, calculated on daily balance
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  • Personalised 10-leaf cheque book: for Pehla Kadam, issued to the guardian in the minor-under-guardian name
  • for Pehli Udaan, issued if the minor signs uniformly
  • account-holder mobile number must be recorded
  • ₹5,000 withdrawal/POS limit
  • Pehla Kadam card is in the minor and guardian names, while Pehli Udaan card is in the minor's name
Not published

Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.