MBL Balbalika Bachat Khata
This deposit scheme is aimed towards the children up to the age of 15 or below and targeted towards the parents who wish to perform early financial plan for their children so that they can save significant amount of fund for secured future.
- Interest Payment Frequency: Quarterly
- Account Minimum Balance: Zero
- This is a personal saving account for minors.
- The account will be automatically converted to the Normal Saving Account once account holder turns major legally.
- Free subscription of Internet Banking.*
*Charges are free for the first year only. Charges as per Standard Tariff of Charges shall be levied from second year onwards.
Visit our nearest branch to open a Balbalika Bachat Khata and start saving for your child’s future!
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