Want to get your children started on

the road to Financial Freedom?

Yes? Then, a Children’s Saving

Account is what your need.
 But you have a range of minor
savings account options to choose
from.

Choose the right one to ensure

your child GROWS up financially
AWARE.
ICICI Bank offers two
dedicated Children’s
Account

• Young Star Saving Account

• Smart Star Saving Account
Young Star Saving Account

PURPOSE

To help parents plan and

balance their children’s
needs with ease.
Young Star Saving Account

ELIGIBILITY CRITERIA

Can be opened by a parent

or guardian for the Child
who is between ages of 1
day old and 18 years.
Young Star Saving Account
• Card has zero liability feature
• Minimum monthly blance-
FEATURES AND BENIFITS
INR 2500
• Free passbook facility
• Opened and operated by parent or
• Free e-mail statements
guardian
• Account management
• Standing features to transfer cash
through internet banking,
• Money Multiplier facility
imobile app, etc.
• Daily spend limit ranges- INR 1000- INR
• No transaction limit under
5000
guardianship
• Interest rate- 4% annually
• Debit card facility
Young Star Saving Account

DOCUMENTS

Id and Photograph Birth proof Decleration

address of guardian of minor from
proof guardian
Smart Star Saving Account

PURPOSE

To inculcate the habit of

savings and a responsibility
to spend wisely.
Smart Star Saving Account

ELIGIBILITY CRITERIA

Can be opened in the name

of child having age between
10 years and 18 years.
 Smart Star Saving Account

The Two Variants:

• Smart star saving account with guardian consent:
Debit transaction limit of INR 2 lakh in a financial
year
• Smart star saving account without guardian
consent: Debit transaction limit of INR 50,000 in a
financial year
Smart Star Saving Account
• Free first 4 transaction in a
month
FEATURES AND BENIFITS
• Minimum monthly blance- INR
2500
• Money Transfer Facility
• Free passbook facility
• Standing features to transfer cash
• Free e-mail statements
• ATM withdrawl facility
• Account management through
• Daily spend limit ranges- INR 1000- INR
internet banking, imobile app,
5000
etc.
• Interest rate- 4% annually > regular
• Pre-paid mobile recharge
saving account
facility
• Personalized Pocket Debit Card
Smart Star Saving Account

DOCUMENTS

Id and Relationship
Latest Birth proof Document
address
photograph of minor and self
proof of
of applicant cheque (if
guardan
not visiting)