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Punjab National BankSavings account

PNB GROW Saving Scheme

PNB's zero-MAB GROW savings scheme for minors, with guardian operation at younger ages, independent operation above 10 and a specifically named Master Grow Platinum Debit Card.

First-party evidencePublished researchReviewed September 9, 2026Active
Balance / relationshipZero Minimum Average Balance under the current PNB GROW leaflet; the guardian must hold a PNB Savings Account for guardian-operated opening.
Cost / chargesMinimum Average Balance is zero. PNB's GROW leaflet states free issuance of the Master Grow Platinum Debit Card; annual maintenance is waived when yearly average balance of ₹5,000 is maintained, otherwise current AMC rules apply.
Limits / allowancesMaster Grow Platinum: ₹10,000 daily ATM withdrawal, ₹10,000 combined POS/e-commerce and ₹5,000 contactless daily limit under the current GROW leaflet.
Ongoing relationship rulePNB explicitly names the Master Grow Platinum Debit Card and its child limits for the GROW scheme.
Research processPublished by littleden.blog

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

2 first-party sources
Last checkedSeptember 9, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: January 7, 2027.

Critical decision facts

Start with the ongoing account relationship, then price the access layer.

Balance or salary conditions, charges, allowances and downgrade rules can matter more than a promotional benefit.

01 · Balance / relationshipZero Minimum Average Balance under the current PNB GROW leaflet; the guardian must hold a PNB Savings Account for guardian-operated opening.
02 · Cost / chargesMinimum Average Balance is zero. PNB's GROW leaflet states free issuance of the Master Grow Platinum Debit Card; annual maintenance is waived when yearly average balance of ₹5,000 is maintained, otherwise current AMC rules apply.
03 · Limits / allowancesMaster Grow Platinum: ₹10,000 daily ATM withdrawal, ₹10,000 combined POS/e-commerce and ₹5,000 contactless daily limit under the current GROW leaflet.
04 · Ongoing relationship rulePNB explicitly names the Master Grow Platinum Debit Card and its child limits for the GROW scheme.
Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Cost / chargesMinimum Average Balance is zero. PNB's GROW leaflet states free issuance of the Master Grow Platinum Debit Card; annual maintenance is waived when yearly average balance of ₹5,000 is maintained, otherwise current AMC rules apply.
Balance / relationshipZero Minimum Average Balance under the current PNB GROW leaflet; the guardian must hold a PNB Savings Account for guardian-operated opening.
Core benefitsMaster Grow Platinum Debit Card, free 25 cheque leaves per year, nil SMS alert charges and unlimited-free online RTGS/NEFT under the reviewed leaflet, plus scheme rewards/offers subject to change.
Limits / allowancesMaster Grow Platinum: ₹10,000 daily ATM withdrawal, ₹10,000 combined POS/e-commerce and ₹5,000 contactless daily limit under the current GROW leaflet.
EligibilityMinor of any age through natural/legal guardian; guardian must hold PNB Savings Account. Minors above 10 can open and operate independently on satisfactory proof of age under current terms.
Ongoing relationship rulePNB explicitly names the Master Grow Platinum Debit Card and its child limits for the GROW scheme.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

PNB families wanting a zero-MAB minor account with explicit child card limits and a documented transition to independent operation above age 10.

Verify before relying
  • Zero MAB does not mean the debit card can never have AMC; the leaflet ties AMC waiver to ₹5,000 yearly average balance.
  • Guardian PNB savings relationship is required for guardian-operated opening.
  • Scheme merchant/reward offers are promotional and should not outweigh the core age, balance and card-limit rules.
Verified product relationships

Links the bank explicitly documents.

This section is narrower than the same-bank map below. Every relationship shown here has its own first-party evidence; products merely sharing a bank are not treated as linked.

GROW scheme debit card

PNB Master Grow Platinum Debit Card

PNB explicitly names the Master Grow Platinum Debit Card for its GROW minor savings scheme and publishes the child card limits in the scheme leaflet.

Issuance is free, but AMC waiver is a separate condition tied to ₹5,000 yearly average balance; the account MAB itself is zero.Verify relationship at bank ↗
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.