AU Bank
Earn up to 7% interest p.a. on Savings Account

AU Institution Savings Account

Seamless banking experience for institutions

Apply For AU Institution Savings Account

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Top Features of AU Institution Savings Account

About AU Institution Savings Account

    The AU Institution Savings Account is our comprehensive Account that is specifically designed to offer a seamless banking experience to Institutions.

    Designed to support non-profit entities, the  SB- TASC (Trust, Association, Society and Clubs) is savings account offering to non – profit organizations like Trusts, Associations, Societies, Clubs, NGOs, Hospitals, Educational & Research Institute, Section 25 Companies and entities eligible for Savings account as per RBI guidelines.

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Fees and Charges

A few salient features offered under the umbrella of AU Institution Savings Account, through its various packages, are as follows:
  • Enjoy transacting with the Visa Platinum Debit Card and avail a host of privileges, offers and features
  • Avail multiple insurance benefits with your Debit Card such as personal air accident insurance, card liability insurance, purchase protection and personal accident cover
  • There is no account balance non-maintenance charge
Please go through the Schedule of Charges for further details.

Benefits of Institutional Savings Account

  • Enjoy transacting with Visa Platinum Debit Card and enjoy a host of privileges and insurance benefits that come with it! To view all offers and features of the Debit Card, please click here.
  • 'Anywhere Banking' facility available with net banking and mobile banking for a seamless banking experience
  • Avail facilities such as account statement, sweep-in, locker, passbook and cash deposit
  • Increased cash deposit limits with no need for a deposit slip!
  • Manage your business payments and receivables with ease using our NEFT, RTGS, Demand Draft facility for simple funds transfer
  • Create an account with minimal documentation
  • You will have a dedicated Relationship Manager to assist and guide you through your banking experience

List of Documents

  • Application Form
  • Copy of Trust deed/ bye laws
  • Certificate of Registration in case of Registered Trust/Society
  • Letter and Resolution
  • Income tax exemption certificate if any, from the income tax department
  • Valid OVD of the persons authorized to open and operate the account
Know more about different types of savings account

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