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Do something amazing for your child today: open an MCB Rupys account and pave the way for a brighter future.

Sowing for Tomorrow
It’s never too early to think about your child’s future. Save and we’ll make sure the money grows as fast as your kid does!

  • minimum deposit to open an account: : Rs 500
  • minimum balance generating interest: Rs 500

12 to 18 year-olds: growing ambitions
Teenagers have different expectations so MCB Rupys has what it takes to cater for your child’s evolving needs.

  • eligibility: 12 to 18 years
  • annual Point Plus draw: The more you save, the more chances your child has to win one of 150 prizes, including a Star Prize of Rs 125,000 and 130 iPod Shuffles.

winners

prizes

1st Prize

Rs 125,000

2nd Prize

Rs 75,000

3rd Prize

Rs 25,000

4th – 8th Prize

Rs 10,000

9th – 20th  Prize

Rs 5,000

21st – 150th Prize

iPod shuffle

Held every year, the Point Plus draw is based on the Points Plus formula -

  • one Point Plus is awarded for each multiple of Rs 1,000 held on the account. The balance should not drop for three consecutive months.
  • one Point Plus is offered as a gift on your child’s birthday
  • the Points Plus collected during the year relate to lottery numbers which will be communicated to the account holder prior to the draw

[ key to freedom ]
Encourage your child to learn the art of managing money responsibly. We provide you with a useful tool, the Mr. Best Junior card. And it’s free of charge too!

  • access to MCB ATMs for deposits, withdrawals, balance verification and MCB ReFill
  • you fix the withdrawal limit

[ total mobility ]
By registering for MCB ReFill, your child will be able to recharge mobile phone credits on both Cellplus and Emtel  prepaid accounts.

  • instant refill anytime, anywhere
  • a choice of recharge options: a call from a mobile or landline, an SMS from a mobile, or at one of our ATMs

[ new horizons ]
When your child turns 18, fresh challenges are on the menu. You can count on us when it comes to providing relevant and helpful solutions to snap up those new opportunities.

  • the MCB Rupys account is automatically converted into a regular MCB Savings Account
  • the Mr. Best card is replaced by a full-fledged MCB Maestro card
  • your child is eligible for a preferential rate on the Prêt Avenir*, the perfect solution to finance further studies, property acquisition or the launch of a start-up…

* terms and conditions apply

remember
enjoy the Point Plus scheme, currently involving access to an exciting lottery draw
you can obtain a special loan package [ Prêt Avenir ], at the age of 18, with a preferential interest rate

important notes...

-no joint accounts are allowed
-transfers via ATM's are not authorised
-any request for a [Prêt Avenir] will be carefully studied and will have to meet with generally accepted evaluation criteria set by the Bank
-Interest payment is made on a half yearly basis
-the Bank can cancel this plan without notice or alter its terms and conditions






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