Would you like to save for your child’s future whilst helping the latter to take part in it too?
Our Next Gen's Account is a savings product that will accompany your child from month one of life and grows accordingly until he or she becomes of legal age. The savings you engage in your child’s name are remunerated, over the years, at incentive bonus interest rates.
Benefits
- Interest rates are superior to those offered by a conventional savings account
- The amount you choose to deposit is free – you can deposit any amount as and when you can (birthday, exam results, festivities, etc.);
- This savings remains available – you can withdraw from it any time too;
- It is free of charge and with no service fee.
* Conditions apply. Between Rs 5,000 and Rs 30,000: Base savings rate + 0.5%; above Rs 30,000: Base savings rate (conditions apply)
Features
Any physical person minor of age
Any physical person of legal age (parent or legal representative)
MUR 5,000
Free and unlimited
Unlimited
Half-yearly
Total and immediate
Unlimited
Here you go!
Application checklist**
Ready to apply? Here’s what you need to get started:
- Valid identity document (national identity card, passport, birth certificate, etc.) ;
- Proof of residential address showing name of applicant(s), dated less than 3 months;
- Proof of income (latest salary slip, employment certificate from current employer, latest income tax return).
**This list is not exhaustive.
Our Key Strengths
