Welcome to CIMB

Build the foundation of good saving habits in your children by teaching them the value of money. Our Children Savings Account-i is ideal for junior savers, as they can earn reasonable returns with no monthly balance requirements.

Features and Benefits:
	Passbook will be issued.
	Guarantees deposit's principal under the concept of Wadiah Yad Dhamanah.
	Return on deposits at the Bank's discretion by way of Hibah.
	Withdrawal is permitted once a month (unlimited amount).

Eligible for protection by PIDM. Click here for PIDM's brochure

Eligibility:
	Children below 12 years old who are either residents or non-resident.

Requirements:
	Minimum initial deposit of RM500.
	Must be operated in-trust by parent or guardian.
	A copy of utility bill for verification of address.
	Parent or trustee's NRIC or passport.
	Child's birth certificate.

Wadiah Children Savings Account-i

Product	Profit Sharing Ratio	Hibah / Net Profit Rate This is an indicative rate of return based on the previous month's performance. The actual return can be higher or lower than the indicative rate*
Up to RM25,000	NA	0.60
RM25,001 to RM100,000	NA	0.90
Above RM100,000	NA	1.30

Products/Items

Charges

1

Replacement of Lost / Spoilt Passbook

RM20 (Inclusive of Stamp Duty on Letter of Indemnity)

2

Interbranch Online Transactions

No commission

3

Transfer of Funds Within Same Branch by Instruction

RM5 per transaction

4

Transfer of Funds To Another Branch by Instruction

RM5 per transaction

5

Closing of Savings Account-i (within 6 months of account opening)

RM10

6

Account Certification for EPF Withdrawal

RM20 per certificate

7

Letter of Reference

RM30 per letter

8

Dormant Account Activities Fee

No charge

Property Financing

Personal Financing