the largest private sector bank in India as announced the banking accounts for the children
.Usually minors of age below 18 years cannot access bank account
but the bank is now offering the bank accounts for those who are aged above 10years.The finicial institution is as announced this scheme and named it as “Smart Star account”
Bank’s Executive Director Rajiv Sabharwal said that the children
will be provided with a children bank account
with a personalized cheque book and also with a debit card with a photograph of child.The account
can be used for all the online transactions like internet banking .
The Smart Star account introduced which is personlised for children to encourage children about saving money which parallels to the major accounts issued by this institution