Child Future Savings

Child Future Savings

An account opened within 6 months of a child’s birth within a family is called the Child Future Savings Account. When opening this account, the organization will add an initial deposit of Rs. 500. Members must make a minimum monthly deposit of Rs. 25 into this account. The account must be funded monthly for the first 6 months following the child’s birth. The funds in this account will be inaccessible for 16 years.