[nilesh]

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Hii sir, I Wants to get the Information About the PNB Junior SF Account Will you Please Provide It ?

[vikash]

Punjab National Bank is an Indian multinational banking and financial services company. It is a state-owned corporation based in New Delhi, India. The bank was founded in 1894.

The Information About the PNB Junior SF Account of the Punjab National Bank is given below

Initial Deposit And Minimum Balance Requirements:
Zero

Purpose:
To offer an attractive Saving Fund Account to minor.

Feature of the Scheme

Free Cheque leaves 20 cheque leaves per half year
NEFT charges Free upto Rs.10,000/-per day
Issue of Demand Drafts Free for school/college fee
Issue of ATM/Debit Card (Rupay) Allowed subject to debit upto Rs.5000/- per day


Eligibility:
Account can be opened by a minor of any age through his/her natural or legally appointed guardian. Minors above the age of 10 years (on obtaining satisfactory proof of age) are allowed to open and operate savings bank accounts independently, if they so desire. The account will be opened on compliance of Know Your Customer (KYC) Guidelines, execution of Account Opening Form and other requisite formalities, viz., photographs, identity and address proof, etc.