Sometimes it is hard to explain that money doesn't grow on trees; it takes hard work to earn money. No matter what ages your children are, understanding sound financial principals are an important part of their learning and growing years.

Introducing “Laxmi Junior Saving Account - Samrakshan"

A uniquely designed product especially for children under 16 years with following features:

• Higher rate of return by way of attractive tier based interest rates where the rate of interest rates increase in proportion to the amount of deposit you maintain!
• Lottery Schemes with a chance to win exciting prizes
• A Free ATM card issued to the child when s/he reaches the age of 16 (with written consent of the guardian)
• Free Internet Banking
• Customized Birthday Greetings
• Personalized services through dedicated Relationship Manager and many other value added services

Open a Laxmi junior saving account when your children are babies and get a big head start on their education fund. If your kids are in school, it's still just as important to save for their future plus they are old enough to begin understanding the value of money. They can learn that saving money, will allow them to buy an item that seems unattainable, like a bicycle or roller-skates. Depositing part of their allowance, tika money or other occasion gifts of money will teach them that saving is an important lifelong endeavor.

The only requirement to open the account are a child's birth certificate/registration certificate and an adult joint owner. You may want to start a payroll deduction from your paycheck into their account to help their college fund along and show them how systematic saving can really add up.

We know you place the highest value in securing your child’s future and we at Laxmi Bank are equally confident that we can help you achieve this security with the numerous benefits of our children savings plan.