Bank of Baroda



Personal > Gen Next Services > Gen Next Junior
 

 
Branch Locator
Calculators
Application Forms
BOBCards
Important Links




Deposits  |  Gen-Next  |  Loans  |  Credit Cards  |  Debit Cards  |  Services  |  Lockers


Gen-Next Junior (Saving Account)


Product Nature

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

Target Group

  • 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.

  • An account in the sole name of minor above 10 years and below 14 years, maximum limit is Rs 1 lakh.

Single / Joint Accounts

  • In case of minor below 10 years the account shall be opened jointly with parents / guardian.

  • Minors above 10 years (below 18 years) can open the account in their sole name subject to :
    Minor is able to read and write any of the recognized languages, and

  • Capable in the opinion of the Bank officials of understanding the what he / she is doing and SB account rules and regulations.

For detailed information on the benefits you can avail of, and terms and conditions to follow for the same, CLICK HERE.



Gen-Next Products
Gen-Next Junior
Gen-Next Lifestyle
Gen-Next Power
Gen-Next Suvidha

© 2017 Bank of Baroda. All rights reserved. Disclaimer For optimum view of this site you must have IE 5.0 and 1024 by 768 pixels
     
chic logo