What is the procedure for the new-born savings scheme benefit?
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A SCR1000 voucher can be found in the booklet issued by Seychelles Commercial Bank for every new-born child. The booklet is available at the Government hospitals and at the branch of Seychelles Commercial Bank.
The parents are required to complete all formalities as required by the Civil Status Act, Chapter 34 of Law of Seychelles as well as of the bank.
The voucher may be presented to any branch of Seychelles Commercial Bank within a period of one year from the date of birth together with the following documents:
Please note that a voucher presented after one year from the date of birth will be treated as null and void.
Source: Government of Seychelles