TMB Student Savings Bank Account
The TMB Student Savings Bank Account is a specialized financial stepping stone designed in line with national educational welfare frameworks. It provides students aged 17 to 24 years with an independent, zero-friction savings environment to manage educational allowances, scholarships, and daily expenses while building financial independence
Perfectly aligned with direct benefit disbursement guidelines for school and higher education students.
Students can fully sign the application forms and independently operate their own accounts
Benefit from free cash deposits and zero hidden charges at both parent and satellite branches.
Enjoy zero minimum balance requirements
Overview
The TMB Student Savings Bank Account recognizes that today's students are tomorrow's high-earners, entrepreneurs, and leaders. It eliminates the traditional financial stress of account maintenance fees so you can focus entirely on your studies.
Product Highlights
Whether you are receiving government student benefits, parental stipends, or working a part-time job, this account offers clean financial tracking. It is built to grow seamlessly alongside your academic journey from high school through university.
Features and Benefits
Enjoy independent account operations, generous transaction capacities, and clear account milestone structures. The account ensures you transition smoothly into adult banking without any sudden compliance gaps.
Eligibility
The scheme is strictly open to individual students aged between 17 and 24 years. To open the account, students must provide a valid Aadhaar Card, a current Student ID Card, and their PAN details based on their age group.
Service charges & fees
Here's a transparent view of all applicable charges for your account and related services
Frequently Asked Questions
Find answers to the most common questions about eligibility, benefits, and
features of the TMB Royal Savings Bank Account
