Whoever said wishes don’t come true hasn’t explored our offers!
  • IDBI Power Kids Savings Account

    A penny saved is a penny earned and the best way to teach this idea to your kid is by letting them handle their own savings account. IDBI Power Kids Savings Account is a piggy bank for kids which will not only help them save money but will also provide interest on the money. IDBI Power Kids Savings Bank Account comes with benefits like debit card, passbook, cheque book and Net Banking. With this account, children will learn how modern internet banking works and will be able to handle their money independently when they grow up.

    Bank IDBI
    Category IDBI Power Kids Savings Account
    Minimum Balance Requirements (MAB) Zero Balance Savings Account
    Initial Deposit Requirements Nil
    Interest Rate 4% per annum on daily balance basis
    Debit Card Offered IDBI Bank Kids Debit Card

    Services Offered with IDBI Power Kids Savings Account

    Given below are some of the services that come with IDBI Power Kids Savings Account.

    Internet Banking Offered on request
    Passbook Passbook is provided at no extra cost.
    Cash Withdrawals at other bank ATMs 5 free transactions per month
    Cheque Book Free personalized cheque book
    E-Statements Free monthly account statement will be sent to the registered mail id on request,

    Features of IDBI Power Kids Savings Account

    IDBI Power Kids Savings Account customers enjoy the benefits described below.

    Exclusive ATM Cards Kids get specially designed ATM card with IDBI Power Kids Savings Account.
    Free Passbook Account holders are offered free passbook which will help them maintain their account in a better way.
    Insurance Cover with Debit Card Customers are offered an insurance cover of up to Rs. 8000 against counterfeit and lost cards.
    No charges for maintenance of AQB If the Average Quarterly Balance falls below the set limit, the customer will not be levied any penalty.
    Loyalty Rewards For every Rs. 100 spent using the IDBI Kids Card, the account holder gets 2 loyalty points
    Withdrawal Limits Account holder can withdraw up to Rs. 2000 per day with IDBI KIds ATM cum Debit card

    Fees and Charges for IDBI Power Kids Savings Account

    The fees and charges for services that come with IDBI Power Kids Savings Account are given below.

    Services /  Products Fees and Charges
    Minimum Average Balance to be maintained Rs. 500
    Fees for non maintenance of Average Quarterly Balance Nil
    Number of free ATM transactions at other bank ATMs Five free ATM transactions at other bank ATMs located in non metro locations
    Passbook Free
    PoS withdrawal Limit Rs. 2000 per day
    Demand Draft Charges On request only
    Pay Order Charges On request only

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.

    Savings Account
    Net Banking
    Mobile Banking
    Savings Account By Top Banks
    Savings Account By Banks
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.