[nilesh]

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Hello sir, will you please provide me detail for Bank Of Baroda Minor Account. Is there any one can provide me here application form for to open Bank Of Baroda Minor Account?

[Vishal Kotkar]

The Bank of Baroda is provides minor account to its customers. Any person competent to contract and satisfactorily introduced to the Bank may open an account in his/her name.

This is a Special kind of Savings Bank Deposit product for children to be made available in Gen-Next Pune branch.


Application form for to open Bank Of Baroda Minor Account






Account will be operated by the customers using withdrawal slip, Cheque leaves, Standing instruction, ECS (debit), Debit Card, Internet banking facility etc.

Eligibility:

Target Group age:
Children upto 18 years of age

Minimum Amount & Balance
QAB: Rs 500/-
Charges for non-maintenance of QAB is Rs 50/ per quarter only.

Maximum Amount
In case of joint accounts with parent and minors (with sole account) above 14 years, there is no ceiling on the maximum amount.

Terms and conditions:

The basic rules governing the Savings Bank a/c will also be applicable to this account.
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.
KYC norms will be observed in this savings bank a/c.
Number of withdrawals not to exceed 100 in a half-year by customer
All other charges will be same as applicable to the ordinary Savings a/c.
Anywhere banking facility
Free standing instruction.