It is an innovative investment plan targeted at children’s educational needs. I.e. meeting unexpected future expenditure of the child’s educational needs.

1. Parent/Guardian determines personal streams of payment, i.e. daily, weekly or monthly to achieve set target.
2. Mobile banker comes around to collect contribution.
3. Attracts high earning interest i.e. fixed deposit interest rate.
4. Emergency withdrawal may be effected on condition that it is in support of the child’s education
5. Account could be used as collateral to access education loan from the bank.
6. At age 18, the account could be handed over to the child.