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SBI Savings Account for Minors - Pehla Kadam and Pehli Udaan,
- Both the Savings Accounts are fully loaded; replete with banking features like Internet Banking, Mobile Banking, etc. 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.

Monthly Average Balance (MAB) requirement not applicable
Maximum Balance Rs. 10 lakh
Interest rate 2.70% p.a. (Upto 1 lakh)