
Saving Account
Pancha Children’s Savings
Sarvodaya Development Finance PLC
Savings Account Information
Saving Account
Privet Banking
General
| Category | Rate |
|---|---|
| Children Savings | 4.50% |
Rates and terms last verified on 25 August 2025.
Features
- Minor savings is an investment made on behalf of the child for future use for his/her education, health, sports & entrepreneurship.
Eligibility
- Account holder must be below 18 years of age
- An account can be opened in the name of the minor with the deposit of Rs.1000
- Funds cannot be withdrawn until the child is 18 years of age
Documents Needed
- National Identity Card / Passport / Driving License of Parent or Guardian
- Birth Certificate of Minor
- Billing Proof
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