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Old January 24th, 2018, 06:03 PM
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Join Date: Dec 2011
Default Re: Kotak Mahindra Bank Junior Account Form

Junior Account of Kotak Mahindra
Specially designed to meet the saving needs of our little stars, Kotak Junior Savings Account helps inculcate the habit of savings from a very early age and also empowers the parents to build a corpus for the future of their kids

Features

Junior Savings Account

Nova Savings account with NMC waiver

Guardian Savings Account

Designed specially for the parents, this account will give you all the required banking facilities.

Investment
You can invest in Recurring Deposit or Systematic Investment Plan for a minimum amount of Rs.2000 per month and tenure of 36 months

Recurring Deposit

You can save a predefined amount in a long term deposit by contributing every month.

SIP - Systematic Investment Plan
Customers are offered the flexibility to choose the amount and duration of the SIP investment.

Standalone Junior Account
Customers can also choose to select the regular savings account without SIP/RD options and the guardian account.

Interest Rate
Up to 6% per annum on the Junior and Guardian account balance

The Application Form for the Junior Account of the Kotak Mahindra Bank you may get from the Nearest branch of the Kotak Mahindra Bank
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