This account is designed for individuals below 18 years. This account teaches financial literacy to young people by allowing them manage the account through their parent /guardian.
Features:
- Joint ownership as the account is run and supervised by a parent or guardian
- Encourages savings towards child’s school fees or future expense
- Attractive interest rates
Benefits:
- Encourages savings towards a child’s future goals
- It serves as an emergency fund for school fees etc
- Security of funds
- Interest accumulation and growth