Rates and terms last verified on 1 August 2025.These rates may be outdated — please confirm with the bank before applying.
Description
Highlights
Features
Cash prizes of Rs 10,000/-, Rs 7,500/-and Rs 5,000/-will be awarded to the Arunalu Account Holders who have gained the 1st, 2nd and the 3rd highest marks in each school at the Year 5 Scholarship Examination.
Minimum balance of Rs. 5,000/- should be maintained in the Arunalu Account prior to the date of releasing examination results.
Eligibility
You can open an Arunalu Account on behalf of any child from an infant to 18 years of age.
Documents Needed
Arunalu' Childrens Savings Account Mandate.
Know Your Customer (KYC) form.
Depositor's National Identity Card/Valid Driving license/Valid Passport that carries the NIC number.
Address verification documents (If the address given to the bank is different from the National Identity Card / Driving License.) More info >>
Original birth certificate of the minor (Copy to be retained with branch).