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Product Details
Bank Name
IDFC First Bank
Account Name
IDFC Minor Saving Account
Account Type
Saving
Interest Rate
Upto 10 Lakh - 4% Above 10 Lakh And Upto 50 Crore 6.25%
Free Debit Card
Yes. Visa Platinum Card
Account Opening Fees
Nil
Annual Maintenance Fees
0
Minimum Account Balance
INR 25,000
Debit Card Charges
0
NEFT Charges
Free
IMPS Charges
Free
Fees and Charges
IDFC Minor Saving Account
93.2
Special Features
Monthly credit of interest.
Eligibility Criteria
Indian resident below 18 years of age can open this account.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Interest is credited on a monthly basis. Free Visa Platinum Debit Card. Free NEFT/RTGS/IMPS transactions.
Cons
Debit card is provided free only on maintaining a balance of INR 25,000 in your account.
Application Procedure
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Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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