ICICI Bank Smart Star Account
Smart Star Account can be opened in the name of child having age between 10 years and 18 years.
Purpose of ICICI Bank Smart Star Account
It is specially meant to inculcate the habit of savings and a responsibility to spend wisely.
Features and Benefits of ICICI Bank Smart Star Account
- Attractive Interest Rates
- Money transfer facility
- ATM withdrawal
- Minimum monthly balance of Rs 2,500 to be maintained
- Personalized Pocket Debit Card will be issued
- The spending limit of this Debit Card is between Rs 1000 and Rs 5000
- Transfer of cash from the parents account to this account
- You earn more interest than a regular savings account
- first 4 cash transactions in a month are free
Eligibility Criteria of ICICI Bank Smart Star Account
Smart Star Account can be opened in the name of child having age between 10 years and 18 years.
Documents Required for ICICI Bank Smart Star Account
Documents required for ICICI Bank Smart Star Account: For opening an account under ICICI Bank Smart Star Account, the applicant is required to submit following documents:
- Latest Photograph of applicant
- Relationship Document
- Identity Proof
- Proof of Communication Address
- Self cheque (if the applicant is not visiting the branch for account opening)
- Proof of Date of Birth of the applicant
Deposit Amount under ICICI Bank Child Education Plan
Requires a minimum balance of Rs 2500 for opening an account.
Interest Rate on ICICI Bank Smart Star Account
Smart Star Account will earn 4% p.a.