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Young Star Savings Account

A guardian operated Account
For children below 18 years

Smart Star Savings Account

A self-operated Account
For children aged between 10 years and 18 years

Young Star Savings Account

  • Regular Savings
    Account

  • Wealth & Private Banking Savings Account

Young Star Regular Savings Account

  • A Guardian operated Account on behalf of the Minor
  • Complimentary Titanium Debit Card
  • iWish goal-based savings to achieve your child’s milestones
  • iMobile Pay app to manage daily spends
  • 25 complimentary cheque leaves per year
  • ₹ 2,500 minimum Monthly Average Balance required.

Young Star Wealth & Private Banking Savings Account

  • A Guardian operated Account on behalf of the Minor
  • Complimentary Mastercard World Debit Card for Wealth Management and Visa Infinite Debit Card for Wealth Select and Private Banking customers
  • iWish goal-based savings to achieve your child’s future milestones
  • iMobile Pay app to manage daily spends
  • Unlimited complimentary cheque leaves 
  • No minimum Monthly Average Balance required.

Smart Star Savings Account

  • Regular Regular

    Regular Savings
    Account

  • Wealth & Private Banking Savings Account Wealth & Private Banking Savings Account

    Wealth & Private Banking Savings Account

Regular

Smart Star Regular Savings Account

  • A self-operated Account with or without Guardian consent
  • Complimentary Titanium Debit Card
  • Annual debit transaction limit of ₹ 2,00,000 with Guardian consent and ₹ 50,000 without Guardian consent for a financial year
  • iMobile Pay app to manage daily spends
  • 25 complimentary cheque leaves per year
  • Children can independently issue their cheques (will have to comply with the Cumulative limit for Debit Card transactions.)
  • ₹ 2,500 minimum Monthly Average Balance required
Wealth & Private Banking

Smart Star Wealth & Private Banking Savings Account

  • A self-operated Account with Guardian consent 
  • Complimentary World Master Debit Card for Wealth Management and Visa Infinite Debit Card for Wealth Select and Private Banking customers 
  • Annual debit transaction limit of ₹ 5,00,000 for a financial year 
  • iMobile Pay app to manage daily spends 
  • Unlimited complimentary cheque leaves
  • Children can independently issue their cheques (will have to comply with the cumulative limit for Debit Card transactions.)
  • No minimum Monthly Average Balance required 

Bank Anytime Anywhere

  • iMobile Pay

  • Retail Internet Banking

  • WhatsApp Banking

  • 01. Seamless transfer of money anytime, anywhere
  • 02. Pay bills from the comfort of your home
  • 03. Manage Credit Card limits, Block/Unblock Cards, change PIN and more
  • 04. Check your Pre-approved Loan offers and get instant sanctions
  • 05. Apply, track and manage your investments
  • 01. Real time access to all your Accounts with 350+ services
  • 02. Feature-rich dashboard with a seamless user interface for convenient banking
  • 03. Track and manage all your finances, anytime, anywhere
  • 04. Customisable dashboard for setting-up shortcuts for frequently used features
  • 05. Targeted features for your unique requirements
  • 06. Set your own transaction limits and experience an added level of security
  • 01. Available – 24x7 x 365 days (even on holidays)
  • 02. Say ‘Hi’ on +91 86400 86400 and begin WhatsApp Banking
  • 03. Check Account balance & mini statement
  • 04. Avail services like manage Card Limit, Block/Unblock Cards, view EMIs, set Auto-Debit and much more
  • 05. See all your Pre-approved Loan offers and apply instantly!

Eligibility & Documentation

Young Star Savings Account

Eligibility:

  • Children below the age of 18 years

Documentations:

  • Identity proof and address proof of the Guardian
  • Age proof of the Minor
  • Photograph of the Guardian
  • PAN card of Guardian

Smart Star Savings Account

Eligibility:

  • Children between the age of 10 years and 18 years

Documentations:

  • Identity proof and address proof of the Minor
  • Age proof of the Minor (if ID does not confirm the Minor’s Date of Birth)
  • Photograph of the Minor
  • Declaration from Minor
  • PAN card of Guardian and Minor
  • Identity proof and address proof of Guardian (For Guardian consent variant)
  • Declaration from the Guardian (For Guardian consent variant)
Read More

Schedule of Charges

Click here to view the Schedule of Charges for Young Star Savings Account.

Click here to view the Schedule of Charges for Smart Star Savings Account.

Shape your child’s future with ICICI Bank’s financial solutions!

Fixed Deposit

Ensure a stable foundation for your child’s dreams.

Sukanya Samrudhi Yojana (SSY)

A scheme by the Government of India. Secure smiles and dreams for your daughter’s financial well-being.

Mutual Funds

Plan for your child's future with long-term investments through Mutual Funds.

PPF

Secure your child’s future with a tax efficient PPF Account.

Education Loans

Empower your child’s educational journey.

FAQs

What are the eligibility criteria for opening an ICICI Bank Young Star Savings Account and Smart Star Savings Account?

Young Star Savings Account is available for children in the age group of 1 day-18 years. The Guardian can open and operate the Savings Account on behalf of the Minor.

The Smart Star Savings Account is available for Minor customers above 10 years of age. Minor can independently open and operate the Savings Account.

What is the objective of an ICICI Bank Young Star Savings Account and Smart Star Savings Account?

Young Star Savings Account will help you plan for your child’s needs, right from their young age.

While with the Smart Star Savings Account, Minors above the age of 10 years can open and operate the Account all by themselves. This will inculcate a habit of saving and help them spend wisely.

What are the debit transaction limits applicable for the ICICI Bank Smart Star Savings Account?

Smart Star Savings Account with Guardian Consent – has a debit transaction limit of up to ₹ 5,00,000 in a financial year.

Smart Star Savings Account without Guardian Consent – has a debit transaction limit of up to ₹ 50,000 in a financial year.

In case of a breach of the debit transaction limit, the Account is freeze marked.

What is the minimum balance required to be maintained in the ICICI Bank Young Star Savings Account?

The minimum Monthly Average Balance (MAB) to be maintained in the Young Star Savings Account is ₹ 2,500.

Charges for Non-maintenance of Minimum MAB (NMMAB): 6% of the shortfall in required MAB or ₹ 500, whichever is lower.

What is the debit transaction limit for the ICICI Bank Young Star Savings Account?

There is no debit transaction limit for the Young Star Savings Account, as the Account is opened and operated by the Guardian. 

What happens when the debit transaction limit in the ICICI Bank Smart Star Savings Account is breached?

When the applicable debit transaction limit is breached, the Account is freeze marked.

To remove the freeze mark, the customer (Minor) along with Guardian will be required to visit the Branch and upgrade the Account variant. 

Higher limits are available with Smart Star - Guardian Consent Account and Young Star Savings Account - under Guardianship (no debit transaction limit).