RDB 14+ Account, recently introduced by RDB Bank to make the young community bese towards savings habit can be named as a special savings tool.
This account has been specially planned for the new young men and women above 14 years. Thrift and savings habit being practiced from young age by planning for the future will pave way for the security of the future. Accordingly, RDB 14+ is operated with value additions that could attract the teens of 14 and above.
A higher interest rate with the addition of 30% bonus interest compared to the growth of the balance in the Account is offered by RDB 14+ Account. As an ATM card is issued the children above 14 have got an opportunity withdraw money for their financial needs. Therefore, children will not need to hold much money in their hands. School children may use this account for their urgent monetary requirements as with every withdrawal by the ATM Card an SMS message is sent to guardian’s mobile phone giving withdrawal details.
Loan facilities may be obtained by the young community to fulfill their dreams of owning a house, vehicle, furniture, business, buying electronic equipment and accessories, for educational needs, for foreign tours and that can be arranged through this account. Further, account holders are entitled to special benefits at the time of demise of the mother or father or at the time of any sickness of the children.
All transaction activities will be intimated by SMS messages to their mobile phones to keep you updated.