Bank of Jordan - Sanabel Kids Account

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Savings Account

Plan for the future one day at a time

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What could be safer and faster than paying with your Wearable Pay smart bracelet from BOJ?

Secure your child's future, Open Sanabel savings account for your children and get the highest return up to 20%

Advantages:

Competitive annual return rates

incentive of up to 20% on the average balance and commitment period

Enter the draw for Saving Account prizes.

9,999 JOD Daily , Grand prize 100,000 JOD end of Dec

A pre-approved credit card

for the parent, with a limit of 200 JOD.

10 winners IPAD Monthly

end of month except (July, August)

10 winners School Fees

end of ( July, August ) 2,000 JOD cash

Competitive annual return rates:

Return Rate	Commitment period / year
1%	1
3%	2
5%	3
7.5%	4
10%	5
12.5%	6
15%	7
20%	8

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Terms & Conditions

Sanabel Savings Accounts for children under 18 years old.
The minimum account balance required to be eligible for the Sanabel Prize Draw is JOD 200.
Prizes are subject to 15% income tax according to the Jordanian income tax Law and are automatically deducted when the prize value is deposited into the account.
The minimum balance when opening an account or transferring it from a savings account to a Sanabel account is 200 JOD.
The minimum amount transferred or deposited in the account is 25 JOD per month.
The maximum limit of the average monthly balance that enters calculating the return rate is 50,000 JOD.
Monthly payments are made via a cash deposit in the account or monthly checks or free fixed instructions to the child’s account.
The customer can increase the deposited / transferred monthly payment to the account.
Cash withdrawals are allowed over the counter, according to the following conditions:
- Add to the account balance at the end of the month with a minimum of 25 JOD.
- The balance should not be less than 200 JOD.
In the event that the account balance does not grow at the end of the month from its beginning with a minimum of 25 JOD, the account is not entered into the prize draws, and the customer is granted a grace period until the end of the next month, after which a 5 JOD fine will be charged.
If the period exceeds 3 months, the account is automatically exited from the program, and an early closing fee of 25 JOD is charged to the client.
Sanabel renews the savings account automatically and routinely.

Required Documents

Valid ID of the parent
Valid ID of the child
Proof of residence: (Recent utility bill or a valid lease contract or registration document for the property or any document that clearly state the residence).
Proof of work: (work Contract / salary)

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Terms & conditions apply

Sanabel Kids Account

Savings Account

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Advantages:

Competitive annual return rates:

Terms & Conditions

Required Documents

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