https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8649952
Hdfc kids advantage account.
They give a debit card too, might be helpful if you are looking for lounge access for family.
Best Kids Bank Account in India
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Hey Friends,
Please suggest Best Bank Account for Kids in India. Suggestions will be more helpful for the account which you or Your family members are using.
I searched and Found Bank of Baroda Champ Account is attractive.
Thanks in Advance for your valuable Suggestions.
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We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8649975
i would rather advise you to open a demat account than a savings account.
You can purchase stocks, mutual funds, bonds, Treasury bills, etfs...
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8650772
Seinfeld wrote:Okay, their Debit card with Kids advantage account is giving Lounge Access? Which debit card they are offering?Hdfc kids advantage account.
They give a debit card too, might be helpful if you are looking for lounge access for family.
Bank of Baroda Champ account offering Rupay debit card.
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8650774
ConfirmPassword wrote:Thanks for your valuable suggestion. Actually school is asking Bank account number of my daughter. My daughter is in sports. So I want to open Bank account.i would rather advise you to open a demat account than a savings account.
You can purchase stocks, mutual funds, bonds, Treasury bills, etfs...
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8650938
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I told about lounge access because this card has lounge access as a benefit, nothing special or a separate thing I guess.
premsukh29 wrote:I was given a HDFC Easyshop Rupay Platinum.
Okay, their Debit card with Kids advantage account is giving Lounge Access? Which debit card they are offering?
Bank of Baroda Champ account offering Rupay debit card.
I told about lounge access because this card has lounge access as a benefit, nothing special or a separate thing I guess.
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8650965
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8651039
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Will love if there's a way to enable.
abhishek012 wrote:Bro couldn't enable online usage since it's a kids account. Have tried from branch and phonebanking. No way to do it from ATM and there can't be a Netbanking enabled, that I will do it from there.
HDFC RuPay Platinum debit card also offer amazon load money offer per month, 100 off on 500 load.
Will love if there's a way to enable.
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8651188
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HDFC bank also issue RuPay ATM card for kids.
Seinfeld wrote:Ok, i think you receive RuPay ATM Card.
Bro couldn't enable online usage since it's a kids account. Have tried from branch and phonebanking. No way to do it from ATM and there can't be a Netbanking enabled, that I will do it from there.
Will love if there's a way to enable.
HDFC bank also issue RuPay ATM card for kids.
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8651294
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Seinfeld wrote:Ask HDFC bank to enable Net Banking for this account.
Bro couldn't enable online usage since it's a kids account. Have tried from branch and phonebanking. No way to do it from ATM and there can't be a Netbanking enabled, that I will do it from there.
Will love if there's a way to enable.
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8651450
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abhishek012 wrote:
Ok, i think you receive RuPay ATM Card.
HDFC bank also issue RuPay ATM card for kids.
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8651452
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premsukh29 wrote:They won't do for kids accounts.
Ask HDFC bank to enable Net Banking for this account.
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8651477
Coming back to the topic, @premsukh29 I have axis, kotak child savings accounts too. However I feel Hdfc is better than them. Too much limitations in the other two.
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8651550
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8651588
Seinfeld wrote:Okay, Thanks. Please confirm below:-Coming back to the topic, @premsukh29 I have axis, kotak child savings accounts too. However I feel Hdfc is better than them. Too much limitations in the other two.
Kotak issues Debit Card for Kids account?
Account will be in the name of Child and their parents?
Net banking and mobile banking is also there or not?
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8651608
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premsukh29 wrote:
Okay, Thanks. Please confirm below:-
Kotak issues Debit Card for Kids account?
Account will be in the name of Child and their parents?
Net banking and mobile banking is also there or not?
https://www.kotak.com/en/personal-banking/accou...
They clearly write that
Account will be in the name of Child and their parents?
Most child accounts are generally under guardian account (jointly operated with the parent or guardian)
Net banking and mobile banking is also there or not?
As a parent I can see all details and can transact as well from the child account. However I don't have separate NB or mobile banking login for my kid. I don't know if you can enable in kotak or not for the junior account.
In axis I got a separate Netbanking/ mobile banking for kid, which has no transactions enabled.
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8651947
you can also try idfc.. minor account will linked to parent account and get separate debit card, also it will be zero balance account. but parent has to maintain minimum balance either 10K or 25K depends on the account variant.
Recently opened for my wife(woman power account) and two kids.. all got visa signature card for 25K MAB 
But i see, now idfc changed visa signature to visa platinum card for the new account.
https://www.desidime.com/discussions/best-kids-bank-account-in-india?page=1#post_8810734
I opened account in Bank of Baroda (Bank of Baroda Champ Account). After opening account i got a shock that they are not giving me anything other than Passbook. I complained about them on twitter that facilities written on your website are not provided to me. After 2 months of so many complain finally they offered me net banking for Kid account and they assured me that Debit card also applied for this account. After 20 days, debit card will be at my home. Let c what happened next.
I never have trust in PSU banks but BOB branch is near to me so I opened account.
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