Children's Savings Account

Children's Savings Account: This account is opened in the name of children under the age of 16. It will remain active until the child acquires citizenship.


Features:

  • The account can be opened with a minimum amount.
  • A family member will act as a guardian for operating the account.
  • The guardian must be a member of this institution.
  • The account will remain active until the child turns 16. After acquiring citizenship, the account can be converted to a regular account, and funds can be withdrawn.
  • The current interest rate for this savings account is 8%.

Required Documents:

  • 1 passport-size photo of the child
  • 1 photocopy of the birth certificate
  • 1 passport-size photo of the guardian
  • 1 photocopy of the guardian's citizenship certificate