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.
- Interest Rate: 4% per annum
- Interest Calculation: On daily basis, Quarterly Compounding
- Minimum Balance Required: NRs. 100