SBI Special Scheme, Open Savings Account in the name of children

Pehla Kadam Pehli Udon Project: Everyone wants their children to understand the importance of money and learn to save from early childhood. Now, such a special scheme of the SBI has been prepared keeping in mind the small children. One of the great features of SBI ‘Pehla Kadam Pehli Udan’ (Pehla Kadam Pehli Udan) is that the scheme offers various benefits to children aged 1 to 10 years, while children under 10 are given different benefits. Tell us special things about this project –

Since August 1, there has been a big change in the rules regarding EMI, salary and pension

Pehla Kadam Savings Plan

This account can be opened jointly by a parent or guardian in the name of their children. But, with this, even children can manage it themselves. Along with the mobile banking facility, an ATM is also offered in this account. It is possible to pay all kinds of bills in view of today’s time. 5,000 per day can be withdrawn from this account. In addition, contingency cover is also available to account holders.

7th Pay Commission: Good news for retired employees, the ministry has issued this order

Pehli Udon Savings Plan

Children over 10 years old and able to sign their own. The account of all such people can be opened through this scheme. But keep in mind that the age limit for this project is 18 years. That is, people over 18 cannot take advantage of it. In addition to an ATM, a check book facility is also available on this account. Here also, account holders can withdraw Rs 5,000 per day. At the same time, it is exempt to send 2000 rupees to others.

Disclaimer: The above information is for general informational purposes only. We are not uploading or coping any content without relevant content owner permission, All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.