hese accounts are designed to attract the minor individuals (personal customers) to inculcate the habit of saving money. Amount can be deposited/ withdrawn from these accounts by way of deposit slip/withdrawal slips. It helps the minor customers earn interest and to inculcate financial Discipline.
Any minor can open his account, accounts of minors having age less than or equal to 10 years can be opened and operated by his/her natural/legally appointed natural guardian. The minors above 10 years can open and operate account independently.
Account to open with Zero Balance
50% waiver on applicable charges on RTGS/NEFT and Demand draft/Banker’s Cheque.
Easy to operate. Terms and conditions kept lucid to facilitate a layman's understanding.
>Deposits are insured by DICGC.
Interest being calculated on daily product basis and will be credited quarterly or at the time of closing the Account.
Provision for nomination.
Domicile Certificate.
Introducers being the holders of Nainital Bank.
Passport size photograph.
IT Declaration of Natural/Legal guardian (Form60/61).
Proof of Possession of Aadhar Number.
Certificate issued from school with verified photograph.
In case personal introduction in not possible approved documents i.e. election I-Card, driving license, pan card, passport may be applicable as per Banks norms.
