Financial Wisdom Starts Early
Planting the seeds for a bright financial future.
A dedicated savings account designed specifically for minors to inculcate the habit of savings and financial discipline from a young age. With zero-balance benefits and banking services, we make learning about money fun and secure for your children as they grow.
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Personal Service
People-centric Banking
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Free Insurance
Life & Accident Cover
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Digital Services
Mobile Banking, UPI
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Debit Card
Rupay Classic, Platinum
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Zero Balance Account allowing children to save stress-free at their own pace.
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Minors above the age of 10 years can operate the account singly or jointly with a parent.
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Free passbook, cheque book of 10 leaves and a personalised debit card.
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Access to the Nexa Mobile App and Net Banking with limits subject to debit cap of Rs.10,000/- per day.
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Stay informed with free transactional SMS alerts for every movement in the account.
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Enjoy 3 free transactions on other Banks’ ATMs at Metro Locations and 5 free transactions at Non-Metro Locations per month.
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Resident Individuals (Minors above the age of 10).
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Minor’s birth certificate or school leaving certificate for age proof.
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One latest passport size photograph of the minor and the guardian.
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Guardian's Aadhaar Card, Voter’s ID, Driving License, Passport, Job Card issued under MGNREGA or the new Viksit Bharat-G RAM G Act, Letter issued by the National Population Registrar (Any one)
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Minor’s Aadhaar Card or Letter issued by the National Population Registrar (Any one)
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PAN Card or Form 60 of the guardian.
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Is there a minimum balance requirement? No, Bharat Champs is a Zero Balance account with no restriction on minimum balance.
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Who can operate this account? The account is operated by the minor above the age of 10 singly or jointly with one of the parents.
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Are there any charges for the debit card? No, the debit card is issued free of charge for Bharat Champs account holders.
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How many free ATM withdrawals are allowed? You get 3 free transactions in Metro cities and 5 in Non-Metro locations every month.
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What happens when the minor turns 18? The account must be updated with the individual's fresh KYC to be converted into a regular Savings Bank account.
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Minimum Balance: NIL (Zero Balance Account).
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Debit Card Annual Fee: FREE.
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SMS Banking Charges: FREE.
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Cheque Book: NIL for the first cheque book of 10 leaves.
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Beyond Free ATM Limit: ₹23 per cash withdrawal and ₹13 per balance inquiry/mini-statement.