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HomePersonal FinanceSBI: Open savings account in the name of children in SBI, many...

SBI: Open savings account in the name of children in SBI, many facilities will be available

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Pehla Kadam Pehli Udaan Scheme: Everyone wants their children to understand the importance of money and learn to save from childhood.

Now one such special scheme by SBI, which has been prepared keeping in mind the small children. The biggest feature of SBI ‘Pehla Kadam Pehli Udaan’ (Pehla Kadam Pehli Udaan) is that in this scheme children of 1 to 10 years are getting different facilities, while children above 10 years of age are being given different facilities. . Let us know the special things related to this scheme-


Pehla Kadam Saving Scheme

This account can be opened jointly by the parents or guardians in the name of their children. But, along with this, children can also operate it themselves. With the facility of mobile banking, ATM will also be issued on this account. Keeping in mind today’s time, payment of all types of bills is possible through this. 5,000 rupees can be withdrawn daily from this account. In addition, accidental cover is also available to the account holder.

Pehli Udaan Saving Scheme


Children who are above 10 years of age and are able to sign their own. The account of all such people can be opened through this scheme. But keep in mind that the age limit of this scheme is 18 years. That is, people above 18 years of age cannot take advantage of it. Along with ATM, check book facility is also available on this account. Here also the account holder can withdraw Rs 5,000 per day. At the same time, there is an exemption to send 2000 rupees to others.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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