You give them wings, we help them FLY!
Features of Balkalyan Deposit
Start saving for your child’s higher education & be ready for their Future.
- Depositing a money which is collected in Box per month
- Period of deposit is minimum 1 Year
- Repayment with interest on maturity date
- Loan can be granted on the accumulated deposit amount
Information
Pahila Pavul and Pahili Zhep, are complete bouquets of banking products, that will not only help children learn the importance of saving money but will also allow them to experiment with the ‘buying power’ of money.
Which will not just acquaint children with the different channels of modern-day banking but also teach them the nuances of personal finance. All these features come with ‘per day limits’ to ensure that they spend the money wisely.
Interest rate prevailing for the Deposit period / scheme
12 Months @7%
Documents Required
| Documents | Requirements |
| Documents required for NEW customers | 2 Photographs (Passport size) |
| Xerox copies of the following. Bring originals for verification | PAN – Permanent Account No. allotted by Income Tax Authority |
| Residential Proof ( Any one or more ) | Ration Card Passport Electricity Bill |
| Photo Identification Proof | Passport Election Identity Card Office Identity Card Driving License |