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Secure your child's tomorrow – Start saving today!  

At NK Bank, we believe good financial habits start young. Our Minor Savings Account is specially designed for children below 18 years, operated safely under the supervision of a parent or legal guardian.  

    Features & Benefits:    
    • For Minors Below 18 Years  
      Account is opened in the name of the child, operated by the parent/guardian.  
    • Minimum Balance: ₹100 only  
      Affordable and easy to maintain.  
    • Earn Interest on Savings  
      Attractive rates to grow your child's savings.  
    • ATM Card (Optional)  
      Issued for children aged 10+ with parental consent.  
    • Free Passbook & Quarterly Statements  
      Track savings easily.  
    • Seamless Conversion at 18  
      Convert to a full Savings Account upon reaching majority.  
    Documents Required:   ​ 

    Minor:  

    1. Aadhaar Card / Birth Certificate  
    2. 1 Passport-size photo  

    2. Guardian:  

    1. Aadhaar / PAN / Voter ID  
    2. Relationship proof (if applicable)  
    3. 1 Passport-size photo  

    3. Mode of Operation:  

    Minor Account Operated by Guardian  

    (Guardian is authorized to deposit and withdraw until the minor turns 18.)  

Key Rules – Minor Account at NK Bank  

1. Minor Cannot Operate the Account Alone (Before Age 10)  

  • For children under 10 years old, the account must be fully operated by a parent or legal guardian, and no ATM card or cheque book will be issued to the minor.   

2. From Age 10+, Minor May Operate Jointly (Bank's Discretion)  

  • Children aged 10 to below 18 can operate an account with guardian permission, and the bank may issue an ATM card or cheque book in the child’s name if approved—though the guardian retains full responsibility.   

3. At Age 18 – Account Must Be Converted  

  • Once the child turns 18, the Minor Account must be converted to a regular savings account after completing full KYC, and only the adult account holder can operate it afterwards.  

Why Choose NK Bank?  

  • Trusted Cooperative Banking Partner  
  • Personalized customer support  
  • Nomination facility available  
  • Digital banking support (SMS, email alerts, etc.)