Kid Growth Savings Account
The great future of a kid is very important and a wish of every parents! Achieve your dream by opening “Kid Growth Savings Account” with PRASAC today in order to let your beloved kid has enough fund to support their higher education, set up a business or be a professional employee in the future. Please click here to request for account opening now.
Interest Rate
| KHR | USD | ||
|---|---|---|---|
| Amount | Interest Rate | Amount | Interest Rate |
| ≤ 4 Million | 4.50% | ≤ 1,000 | 4.50% |
| > 4 Million – 20 Million | 5.00% | > 1,000 – 5,000 | 5.00% |
| > 20 Million | 5.50% | > 5,000 | 5.50% |
Interest rate per annum
Product Features
| Features | Descriptions |
|---|---|
| Eligible Customer | Kid is less than 16 years old; parents and guardian deposit for their kids for the future usage |
| Initial Deposit | KHR 400,000 or USD 100 |
| Minimum Balance | KHR 2,000,000 or USD 500 |
| Tenor | From 2 years to 18 years |
| Account Opening |
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| Deposit or Tranfer to Account |
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| Withdrawal |
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| Closing Account |
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| Withholding Tax |
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| Account Information Card | Free of charge |
| Kid Growth Savings Passbook |
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| Additional Offers |
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Required Documents (for kid and joint account holder)
- Birth Certificate or
- Family Book or
- Residential Book or
- Identification Card or
- Passport or
- Photo of Kid (if any)
Note:
- PRASAC reserves rights to change interest rate and fee with prior notice to the client as required by law.
- Other terms and conditions apply.