Kids Recurring Deposit Account

  • Deposits can be made between 1 year to 10 years
  • A person who saves under the scheme for a fairly longer duration will get priority in sanction of ‘TMB Education Loan’ as per the extant provisions of the Bank
  • The minimum monthly savings start at Rs. 59 per month and there is no maximum
  • Minimum target sum is Rs. 10,000 and there is no maximum
  • Premature closure is allowed subject to penalty