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Junior Savings Account

Give your child a head start in financial management with the MauBank Junior Savings Account. Designed for children under 18, this account encourages early saving habits while offering security, flexibility, and competitive interest rates.

Key Features & Benefits of the Junior Savings Account

Bank on the go with MauBank Current Account — smart, secure, and tailored for you.

Minimum Initial Deposit
Open a Junior Savings Account with a minimum deposit of MUR 500 with the SCS Voucher, making it easy for parents to start saving for their children.
Earn Competitive Interest
Interest is calculated daily and credited bi-annually (May & November), ensuring steady savings growth.
No Monthly Service Charges
Enjoy a fee-free savings account designed to help children save without deductions.
Junior Card Facility
Children aged 0 to 18 can access a Junior Debit Card with a daily withdrawal limit of MUR 1,000, offering financial independence while maintaining limits for responsible spending.
Automatic Fund Transfers
Set up standing orders or direct debits to make regular deposits into your child’s savings account effortlessly.
Parental Control & Accessibility
Parents or guardians can monitor and manage transactions, ensuring responsible financial management.
Financial Literacy & Early Saving Habits
Encourage children to develop healthy saving habits and learn essential money management skills.
Start Saving for Your Child Today

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