ICICI Bank Young Stars Account

Young Stars Account can be opened in the name of minor u/g natural/ legal guardian. It is essential for the parent/ guardian to also hold an account with ICICI Bank.

Purpose of ICICI Bank Young Stars Account

It is specially meant to inculcate the habit of savings and a responsibility to spend wisely.

Features and Benefits of ICICI Bank Young Stars 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 Young Stars Account

The account can be opened in the name of the minor (age below 18) under the guidance of a natural or court-appointed guardian.

Documents Required for ICICI Bank Young Stars Account

Documents required for ICICI Bank Young Stars Account: For opening an account under ICICI Bank Young Stars 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 minor

Deposit Amount under ICICI Bank Child Education Plan

Requires a minimum balance of Rs 2500 for opening an account.

Interest Rate on ICICI Bank Young Stars Account

Young Stars Account will earn 4% p.a.