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About RERA Account
For builders and developers, the RERA Current Account provides the best solutions. It gives them the option to choose a suitable mechanism. This helps utilize funds as per requirement of Real Estate (Regulation and Development) Act, 2016, while providing a hassle-free and seamless transactional experience.
Business Concerns: Builders and developers can depend on this account for their needs
Real Estate Laws: As per the law, this account helps builders/developers use their funds in an easier manner
The RERA Collection services is used for collection of funds from the sale of property of the project, in the special RERA account opened for this purpose and monitoring the flow of proceeds for specific usage
RERA account is used to meet diverse requirements of project as per specific business transaction needs
Provides specialized mode of routing cash flows from the sale proceeds
Customize account to deal with different mechanisms with or without project loan
Dedicated RERA team to facilitate smooth operations
In 2016, after the demise of her husband and two sons, Hema took charge of her husband’s Motor Driving School. AU Bank transferred the car loans in her name and provided support when Hema needed it the most. After one year, Hema became independent and her business is running better then before. She is also providing employment to four drivers in her Motor Driving School.
Owner - Motor Driving School
Raju Bhai a progressive farmer who hails from a village near Ahmedabad had understood that dependence on agriculture alone for livelihood will never be enough to fend for his family. AU Bank extended support and gave wings to his aspirations by catering to his financial requirements.
Raju Bhai is earning handsome surplus, besides the income from his agriculture income. He has a well-settled pick-up vehicle business with three vehicles and two drivers who are paid 8000 each.
Owner - Pick-up Vehicle
AU Bank was very quick. The customer service was very cheerful and helpful there. They sort everything very nicely.
Manohar Singh Rajawat
Vikas Soni, a teenager from Navalagarh — a small town in Rajasthan, has seen the hardships his father underwent to raise a family. The agricultural income was never enough to feed the family of 12 members.
All of 14, he dropped out of school and started working as a labourer. He tried his hands at selling milk and other avenues for income generation, but did not succeed. However, it did not dampen his spirits. “AU helped me when I decide to buy a pick-up van for my business in 1999,” says Vikas.
Since then there was no looking back for this progressive man. Today, Vikas owns 3 pick-up vans, runs an event management business, where he supplies flowers and makes music arrangements (DJ) at weddings, hotels and other events in and around his village.
Today, he is financially independent and is doing well.