SBI savings bank account for children: The State Bank of India (SBI) offers two types of savings accounts for minors - Pehla Kadam and Pehli Udaan. These accounts help prepare your little ones for ...

In a recent development, the Reserve Bank of India (RBI) has announced that minors above the age of 10 will be able to open and operate independent bank accounts, a PTI report said.

Whichever way they earn a few extra bucks, having a savings account for kids can offer them a convenient and safe way to store funds while teaching valuable financial lessons. With this idea in ...

Commissions do not affect our editors' opinions or evaluations. A kids’ savings account is designed for kids under age 18: The child and a parent or guardian act as joint account holders.

YinYang, Getty Images With no income to save, a child’s savings account can feel a bit funny. But it can be a useful tool for parents to employ. By helping your kids develop good money habits ...