AU Institution Account

• Dedicated Relationship Manager: Enjoy the services of a dedicated Relationship Manager who will act as your single point of contact across all your banking and financial needs.
• Customized & tailor-made banking solutions: Enjoy cash management solutions to manage your payables and receivables efficiently.
• Steadfast support: We offer additional benefits, including CSR activities & advisory services.
• State-of-the-art Digital Banking: Take advantage of the convenience of digital banking that also offers facilities such as bulk payments.

Benefits of AU Institution Current Account Exclusive

AU Institution Account holders get a plethora of benefits such as:

• Anywhere Banking: Use Net Banking or Mobile Banking to carry out a range of tasks from the comfort of your home or office. 
• Additional facilities: Avail multiple facilities such as accessing account statements, sweep-in account, locker, passbook as well as cash deposits for seamless banking.
• Increased cash deposit limits: Get access to increased cash deposit limits without the need for deposit slips.
• Multiple options for transferring funds: Manage your payables and receivables through various options such as NEFT, RTGS, and the demand draft facility.
• Minimal and hassle-free documentation: Set up a Savings Account for your institution with minimal documentation for a smooth banking experience. 

Eligibility criteria

The following are entities that are eligible to operate an Institutional Current Account.

• Trusts
• Associations
• Societies
• Clubs
• Section 25 companies
• Self Help Groups
• Association of Person
• Judicial Court
• Trade Unions
• Official Liquidator
• Government/Statutory Bodies

Documents required to open an AU Institution Current Account

Whether you are applying online, in-branch or at-home, here are the documents you need to keep in handy to apply for an AU Institution Account:

• Application form
• Copy of Trust deed/by-laws
• Certificate of Registration in case of Registered Trust/Society
• Board Resolution
• Valid OVD of the persons authorized to open and operate the account

If you do not have all the documentation mentioned above, you can still reach out to your nearest branch for assistance.

Fees and charges of the AU Institution Current Account Exclusive

We believe in complete transparency and provide you with a list of charges for the services offered. These include charges for your Debit Card, payment and collection services, transactions, and delivery fees. For more details, please refer to our Schedules and Charges.