Personal > Deposits > Mudharabah Children Savings Account-i
Mudharabah Children Savings Account-i
Eligible for protection by PIDM
 

GROW UP, HELP YOUR CHILD SAVE.
Coin boxes are cute, but they don't pay daily profit. Fortunately, our account does. As long as your child is under 18, we welcome all young aspiring savers. Start by teaching your child the basics of wise spending with our Visa enabled Debit card. The more he saves, or the more you put away on his behalf, the better his balance will be. Profit will be calculated every day based on all balances. So go on. Help your child get into the habit of saving from an early age.
 
Benefits
Profit calculated daily based on amount invested
Educate your children on financial planning with our Al Rajhi Debit ATM-Card-i, by planning controlling their spending. It also offers the convenience of making fast and easy payments.
24-hour access to Al Rajhi Bank ATMs and ATMs displaying VISA PLUS and/or MEPS signs
Phone and internet banking facilities to easily manage fund transfers and balance enquiries
A monthly statement
In compliance with Al Rajhi Bank (Malaysia) Shariah standard
 
 
 
Requirements
Children below 18 years
Low initial deposit of RM50
A copy of:
  - Birth certificate (aged 0 - 12 years)
- NRIC / passport (aged 13 - 18 years old)
- NRIC / passport (Parent's Guardians)
 
 
Download application form Back to previous Back to top
Links
Overview
Agreement Terms
Client Charter for Product
Did You Know?
 
Approved by Al Rajhi Bank (Malaysia) Shariah Committee Ruling no: 35

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