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From 1 July 2024, all parents can apply for Baby Bonus at LifeSG (life.gov.sg) or via LifeSG mobile app. CDA related services can be made directly to DBS, OCBC and UOB. We seek your understanding on: (a) Downtime between 22 – 30 Jun 2024 required for this website. (b) Some delay experienced for applications submitted before 22 Jun 2024.
From 1 July 2024, all parents can apply for the Baby Bonus at LifeSG (life.gov.sg) or via LifeSG mobile app. Cash Gift. You can expect to receive the cash gift within 7 to 10 working days of your child's birth registration, or after your child's enrolment into Baby Bonus Scheme, whichever is later.
Jul 28, 2023 · Instructions for joining the Baby Bonus Scheme. 1) You may need 5-10 minutes to complete this form. 2) You may submit the form as early as 8 weeks before the child is born (Estimated Date of Delivery) or after the birth registration.
Feb 14, 2023 · Baby Bonus Scheme [Enhanced: For eligible children born on or after 14 February 2023] The Baby Bonus Scheme helps you manage the costs of raising a child. It comprises the Baby Bonus Cash Gift (BBCG) and a Child Development Account (CDA) – a special co-savings scheme for your child.
Feb 14, 2023 · Under the enhanced Baby Bonus Scheme, you can receive $11,000 in cash (up from $8,000) for your first and second child, and $13,000 (up from $10,000) for your third and subsequent children. This helps to lighten the financial outlay when it comes to raising your child.
LifeSG makes life easier for parents by making it possible to register a child's birth, apply for Baby Bonus and library membership in one application.
1 found this answer helpful. How can I identify an Approved Institution (AI) for the use of Child CDA funds? You can identify an Approved Institution by the Baby Bonus sticker displayed at its premises. You can also check the list of Approved Institutions on the [ Baby Bonus Online Portal ].
The Baby Bonus Scheme, which was introduced on 1 April 2001, supports parents' decision to have more children by helping to lighten the financial costs of raising children. The Baby Bonus Scheme consists of two components - a cash gift and a Child Development Account.
5 days ago · You can register a birth online if: the child is born in Singapore; you’re the child’s biological parent ; you have a credit or debit card; If your child is eligible, you can also apply for Baby Bonus and sign up for library membership at the same time. Check your child’s Baby Bonus eligibility.
Apr 19, 2022 · How do I apply for the Baby Bonus grant? Parents can submit the online form for their child to join the scheme as early as 2 months before the estimated delivery date. Do also prepare the following documents beforehand: 1. Bank account holder’s account details to receive the Cash Gift. 2.
