9 Types of Savings Account | AU Small Finance Bank
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Types Of Savings Accounts | AU Small Finance Bank

Type of Savings Accounts

    A savings bank account along with capital protection offers attractive interests on the deposits held. It gives you the flexibility to withdraw money, transfer funds, pay EMIs, credit card bills & do much more at your convenience. 

    If you want to open a savings account, AU Small Finance Bank is the best bank. At AU Small Finance Bank, we offer different types of savings account to suit your specific needs. Whether you are a student, senior citizen, woman, or an employed professional, we have unique plans tailor-made just for you. 

    Let us help you find the best savings account by guiding you through the features and benefits of the different types of savings accounts.

     

    1. AU Digital Savings Account

    Now AU Small Finance Bank lets you open a savings account instantly with video KYC. The AU Digital Savings Account is a Zero Balance Savings Account that is timesaving, fast and effortless. Any individual 18 years & above with necessary KYC documents is eligible to open a digital savings account with our Video Banking service.
     

    2. AU Salary Account

    For most working individuals, a salary account is the primary savings account. With AU Small Finance Bank, you can instantly open a Salary Savings Account if you are an on-roll employee of a company empanelled with us. Designed to suit the banking needs of modern-day professionals, the account offers a host of benefits:
    • No minimum saving account limit required
    • Complimentary feature-rich Visa Debit Card with enhanced insurance coverage, 1000 plus offers and discounts across leading brands in India.
    • Enjoy paperless banking without the need to use a deposit slip
     

    3. AU Senior Citizen Savings Account

    At AU Small Finance Bank, we believe banking should be convenient, accessible, and less hassle-free for senior citizens. Our, ‘Senior Citizen Savings Account’, is tailored to meet the needs of Indian residents who are 60 years old or above.

    • Earn high-interest rates on your savings balance with monthly interest payouts
    • Earn an additional interest at the rate of 0.5% on FD investments with the option of monthly or quarterly interest payout.
    • Avail a flat 50% discount on locker rentals to safeguard important documents, gold, and valuables
    • Enjoy extended banking hours^
     

    4. AU NRI Account

    As an NRI or PIO, it is super easy to manage your income earned in India and abroad. At AU Small Finance Bank, you can choose from two types of Savings Account options – NRE Savings Account & NRO Savings Account - depending on your needs. Additionally, we also offer NRE & NRO Non-Interest-bearing accounts for NRIs.
    • Enjoy high-interest rates & monthly interest payouts
    • Avail our exclusive Hospi-Cash facility to cover your parent’s medical expenses in India
    • Get Free Tax Advisory service in India with our NRE or NRO Savings Account
    • Any Indian citizen residing overseas for employment, studies, business or vocation can open the account. PIOs holding a foreign passport or grandparents, or parent of Indian citizenship lineage or spouse of a PIO is also eligible for our AU NRI Account
     

    5. AU Institution Account

    Managing cash payable and receivables for institutions can be a daunting task. That’s why AU Small Finance Bank offers a seamless banking facility in the form of an “AU Institution Account” to institutions. This savings account is specifically designed for Trusts, Associations, Clubs, NGOs, Hospitals, Educational & Research Institute, Section 8 Companies, and other such entities.
    • Enjoy free cash deposit and withdrawal
    • Preferential rates on FD investment is applicable.
    • Enhanced liquidity with an overdraft facility to meet short-term needs
     

    6. AU ABHI Account

    Why wait in a long queue to open savings account when you can now virtually do this with AU Small Finance Bank’s fully digital AU ABHI Savings Account. This is a Zero Balance Saving Account that provides you with a host of benefits:

    • Apply online to open Instant Savings Account within 3 mins using Aadhar and PAN card
    • Enjoy effortless transactions using Virtual RuPay Debit Card
    • Enjoy free unlimited IMPS/RTGS/NEFT fund transfers
     

    7. AU Women Account

    For women who dream of building a financially secure future for their loved ones, AU Small Finance Bank offers an AU Women Savings Account, a special savings account for Women. Any resident Indian woman of at least 18 years of age can open a savings account.

    • Enjoy monthly interest payouts on your hard-earned money
    • Enjoy extended banking hours^
     

    8. AU Student Account

    For students who want to chase excellence and make every dream a reality, AU Small Finance Bank helps financially accomplish all the goals with AU Student Account. Your educational institution needs to be empanelled with us for you to be able to open an AU Student Account.

    • Monthly interest payouts and high savings account interest rate.
    • Get a RuPay Platinum Debit Card with insurance & other exciting benefits
    • Get complimentary access to other bank ATMs for cash withdrawals
    • Park your idle funds in high interest-bearing FD & see your money grow
     

    9. AU Kids Account

    As the name suggests, AU Kids Account is a savings account specially targeted for children below 18 years of age. This savings account helps children learn the importance of saving money and enables parents to build an adequate corpus for their child’s future. Opening a savings account for kids will make them smarter with money.

    • Zero non-maintenance charges on the child’s account.
    • Parents can easily set up a recurring fund transfer facility to their kid’s accounts. The Visa Debit Card facility is available only for children ten years and above.
     

    How to open a savings account with AU Small Finance Bank?

    It is easy to open an AU Savings Account. You can choose any of these options listed below:

    1. Online form: Fill up the online form, and our representative will contact you to start your application process.
    2. Call Customer Care: You can also apply by calling on customer care number 1800-1200-1200.
    3. Visit your nearest branch: Walk into your nearest branch with your KYC documents and passport-sized photographs. Fill the application form to get the process started.

    Opening any savings account type with AU Small Finance Bank lets you earn high interest rate & get monthly interest pay-outs. Get a complimentary Debit Card with added benefits such as insurance cover, offers from various brands and much more. It is easy to access banking anytime using our AU 0101 App or AU 0101 NetBanking.

     

    ^Not applicable in some select locations. To know your branch timings, click here.


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