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Introduction:
Sunrise Bal Bachat Savings Account enables parents who wish to deposit amount in their children's account that could be useful later in their life such as to meet educational expenses and others. As children grow older and reach age of 16, the deposited amount is allowed to withdraw. The product inculcates saving habits among children.
Product Description:
• Tenure: Till children reach age of 16
• Interest Rate: 6.25 percent per annum
• Interest Calculation: On Daily basis & Yearly compounding
• Minimum Balance: NPR 100
• Deposit Limitation: None
Facilities:
• Free SMS Banking
• Free E-Banking,
• Birthday Gift
• Insurance Coverage for Accidental Death and Permanent Disability