How AU Small Finance Bank is bringing a much-needed badlaav in banking
Gateway to Digital Life. Download AU 0101.
ApplyNow_Products

AU Small Finance Bank Makes Banking Easier for All With #BadlaavHumseHai

    Over the past couple of decades, the Indian banking sector has undergone a paradigm shift. From the financial inclusivity of marginalised sections in society, to the use of digital banking platforms and paperless banking, the sector has come a long way. Several banking institutions have been instrumental in providing convenient banking experience to customers, including Small Finance Banks (SFB) like AU Small Finance Bank. 

    Since its inception as an SFB in April 2017, and gaining the Scheduled Commercial Bank status in November 2017, the Bank has focused on offering the most relevant solutions to its customers' evolving needs. This dedication of catering to the customer's needs and providing them a better banking experience is summed up in #BadlaavHumseHai, where we have questioned the old paradigms of banking, to bring change or a much-needed improvement in aspects where it is due.

    AU Small Finance Bank has embodied the 'Badlaav' or ‘Change’ in the Indian banking sector by offering a wide-range of tangible products and services, such as monthly interest payout, Video Banking, new age Credit Cards, anywhere banking, etc. 

    Today, as people live a fast-paced lifestyle, they expect banks to offer them on-the-go services. AU Small Finance Bank understands this, and with a customer-first approach, aims to help customers get freedom from tedious processes and queues. With its philosophy of 'Badlaav Humse Hai,' AU Small Finance Bank will establish its relevance and cater to people across newer geographies in India.

    The Badlaav that AU Small Finance Bank aims to introduce in the Indian banking industry keeps human well-being, happiness, and evolution at its core. It is a desirable change that was long due. Let us look at some of the highlights of the Badlaav.

     

    Monthly Interest Pay-out on Savings Account

    An excellent service that is an inherent part of the #BadlaavHumseHai initiative by AU Small Finance Bank is the monthly interest pay-out on Savings Account balance. The monthly interest payout helps customers grow their savings faster compared to their Savings Account in other banks that pay interest quarterly.

    Read More: - Monthly Interest Payout on Savings Account

     

    Video Banking Services

    AU Video Banking Service via AU 0101 App/NetBanking offers customers a branch-like banking experience from the comfort of their homes. Current Account and Saving Account customers can use the superpower of 24x7 Video Banking for 400+ non-cash banking services. From opening a Savings Account to raising a request for a Cheque Book, Video Banking allows customers to do their banking over a simple video call. Customers can connect with a bank representative or schedule a call later at their convenience.

     

    Current Account

    AU Current Account gives businesses the flexibility to conduct and manage end-to-end banking transactions. Just one Current Account covers all your business banking needs, whether customized and flexible cash deposit limits, extended banking hours for transactions, free Debit Card, Overdraft facility, sweep in and out facility, and the convenience to do this and more with 24x7 Video Banking.

     

    No Deposit Slips

    When customers visit the bank to deposit money, one of the prerequisites is to fill out a deposit slip. Many banks continue to follow this practice without realising the fact that many customers feel overwhelmed while filling these slips. A small error and they would have to redo the whole exercise. Many people think filling out a form/slip to deposit in their account is redundant.

    AU Small Finance Bank realised a pressing need to change this age-old practice and introduced Deposit Receipts. Now customers need not fill out any form or worry about carrying a pen to the bank; they can deposit the money at the bank and instead, get a Deposit Receipt immediately.

     

    No Home Branch Concept

    People often run from one bank branch to another to get simple things done. AU Small Finance Bank aims to give customers the freedom from visiting their home branch only for availing of specific services. With AU Small Finance Bank, customers can avail of any banking service they want in any branch PAN India, at no additional cost.

     

    #BadlaavHumseHai is a revolutionary idea, and it is sure to change the face of Indian banking forever.