Baby Bonus Scheme (CDA)

Supporting Your Children’s Cord Blood Banking Services

The Baby Bonus Scheme consists of two components – a Cash Gift and a Child Development Account (CDA). The CDA is a special savings account that you apply online at any OCBC, DBS/POSB or UOB bank (Singapore) for your child who is eligible for CDA.

Under the Scheme, the savings you contribute to your child’s CDA will be matched dollar-for-dollar by the Government.

StemCord Pte Ltd is an Approved Institution (AI) under the Baby Bonus Scheme. As such, you will be able to use your Baby Bonus to pay for all your cord blood banking fees i.e. Enrolment Fee & Annual Storage Fee.

Eligibility Criteria:

  • The child is a Singapore Citizen
  • The child is born on or after 17 August 2008
  • Parents of the child are lawfully married


MSF launched a new Baby Bonus Online (BBO) system after mid-July 2015. With the new online system, parents no longer need to fill up hardcopy forms to join the Baby Bonus scheme or make a trip to the bank to open CDAs. All these can be done online through the BBO system. Parents can also perform other service online, such as updating personal information or switching to another CDA bank easily and securely, using Singpass. Visit

Upon receiving the completed forms, MSF will verify your child’s eligibility and notify you of the outcome by post.


(for children born on or after 24 March 2016)

Birth Order Cash Gift Max. Matching Contribution by Government in CDA Total
1st & 2nd Child S$8,000 S$6,000 Up to S$14,000
3rd & 4th Child S$10,000 S$12,000 Up to S$22,000
5th Child & Beyond S$10,000 S$18,000 Up to S$28,000

For more information on the Ministry of Social and Family Development (MSF) Baby Bonus Scheme, visit

  • Upon enrolment, inform us that you wish to use your CDA to pay for your cord blood banking fees.
  • Following the birth of your child, StemCord will send a copy of the Giro Application Form for CDA (DBS/POSB, UOB & OCBC) to your mailing address. Alternatively, you can also download and print out the Forms here.
  • Fill up the CDA InterBank GIRO Form. Submit the Form (original, not photocopy) either via post or in person at any of our Offices, together with a copy of your child’s Birth Certificate within 1 (one) month after child’s birth.
  • The managing bank will take at least 2 months to process upon receiving the completed Form.
No. We will require a credit card payment authorization upon enrolment until the bank has approved your interbank GIRO application. In the event that your application is not approved by the bank two (2) months from the actual delivery date, we will bill all fees payable to StemCord to the credit card provided.
If you are using your child’s CDA to pay for his/her sibling’s cord blood banking service, please provide the birth certificate of his/her sibling for verification.
Yes, you need to submit the interbank GIRO form if you want to use the CDA of a different child for Cord Banking Service.
There is no restriction on the amount that can be deducted from the CDA for StemCord’s cord blood banking service.
Yes. You can visit our office during operating hours at Gleneagles Medical Centre or Mount Elizabeth Novena Hospital and pay via NETS using the Baby Bonus Card issued by your CDA Bank. Kindly note that there is a daily limit to the CDA Nets card that has been set by the managing bank.
If you wish to terminate the interbank GIRO for CDA with StemCord, please email the Termination request to and our Billing consultant will assist you.
“Sometimes the strength of the motherhood is greater than natural laws.”Barbara Kingsolver

We Care For Your Baby’s Future

Start protecting your loved ones by storing your baby’s cord blood with StemCord today!

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Due to current Covid-19 situation, our offices will be closed on Saturday until further notice.

Below are our operating hours


Mount Elizabeth Novena and Gleneagles Medical Centre sales office

Monday to Friday: 9am to 5pm
Saturday: Closed
Closed on weekends & public holidays


Gleneagles Medical Centre:

Admin & Finance Department (Main Office)
Monday to Friday: 9am to 5pm
Saturday: Closed
Closed on weekends & public holidays


Nonetheless, you can make an appointment with us at:


Book an online consultation here


Call us at 64712002 or email