Special Benefits

• Stability and being a state-owned bank.
• Highest interest rates.
• Most flexible customer service.
• An attractive gift scheme.
• Rewards for educational achievements.
• A minor savings account holder may be eligible for loan facilities once he/she becomes a major, at an interest rate of 1% less than the prevailing rate of the product (Conditions apply).
• A special donation will be granted from the bank to the account holder if the child suffers any illnesses as listed in the product (Conditions apply).

Eligibility

• Children/ minors (below 18 years) are eligible to open an account or operate jointly with a parent/ guardian

Interest Payment

• Interest is calculated daily and will be credited at the end of the month.

Gift Scheme

• The following gifts will be allocated to the deposit scheme for the incremental deposit made to the account or increase in the savings balance from the stated amount.

Conditions apply
For more information, visit our nearest SMIB Branch or Contact Us via our Call Centre at 1922