toto account

Baroda Toto Account 


Savings Bank Deposit Account for Children of age up to 18 years. The account is opened in the name of minor child jointly with the parents / guardian.


•    Minumum Balance – Kshs 1,000.00
•    Maximum Balance – No limit

Rate of Interest on balance:

Upto Kshs 999/- NIL
Kshs 1,000/- and up to Kshs 99,999/- @1.50% p.a.*
Kshs 1,00,000/- and above @ 2.25% p.a.*
Payable half yearly (Subject to with holding tax 15%)*
*Subject to change any time.

Issue of Bankers Cheque / Demand Draft towards payment of own (Child’s) school/college fees : Free of charge

Collection of upcountry cheques etc representing scholarship/grant from any institution : Free of charge (Provided minimum balance is maintained during the period).

Charges for not maintaining the minimum balance : NIL