AU Small Finance Bank offers you a superior banking experience that brings together convenience, security, and exceptional returns. With one of the highest savings account interest rates in the market, reaching up to 7.25%* p.a, AU Small Finance Bank ensures that your hard-earned money works for you. By crediting interest monthly, you can enjoy the benefits of your savings even sooner.

 

AU Small Finance Banks offers various Savings Account options to meet the unique needs of different individuals. Choose your Savings account from a range of options provided by the Bank.

 

Read on to learn about AU Small Finance Bank savings accounts, interest rates, features, and more.

Features and Benefits

Competititve Interest Rates

Earn interest up to 7.25% p.a.*

Easy Access

Monthly interest credits in your account

Video Banking Faciltity

Instant Account Opening through Video Banking

Attractive Discounts & Offers

225+ brand discount offers* on AU Debit Card 

Interest Rate and Charges

Here is an overview of AU Small Finance Bank Savings Account interest rate and charges:

AU Small Finance Bank Savings Account Interest Rates

Account Balance

AU Bank Savings Account Interest Rate (p.a.)

Less than ₹1 Lakh

3.50%

₹1 Lakh to less than ₹10 Lakhs

5.00%

₹10 Lakhs to less than ₹25 Lakhs

7.00%

₹25 Lakhs to less than ₹1 Crore

7.00%

₹1 Crore to less than ₹5 Crores

7.25%

₹5 Crore to less than ₹10 Crores

7.00%

Disclaimer: The above AU Small Finance Bank savings account interest rates are effective from 11th September, 2023 and are subject to change at the bank’s discretion. The Interest rates mentioned above are only applicable for the incremental balances corresponding to the mentioned slab amount.

AU Small Finance Bank Savings Account Charges and Fees

Particulars

Charges for Platinum Savings Account

Debit card Annual Fees

Nil

Debit card transactions at AU SFB ATMs

Free

RTGS/IMPS/NEFT – Online

Free

Cash deposits

Nil for deposits up to ₹5 Lakhs/month

Cash Withdrawal at AU SFB branch

Free

Disclaimer: The above charges are subject to change at the bank’s discretion. The charges mentioned above are for Platinum Savings Account. Charges for other product variants may vary.

Documents Required

Listed below are the general documents that you must submit to open an AU Small Finance Bank savings account.

Proof of identity and address

  • Passport

  • Aadhaar card

  • Voter ID

     

However, the bank may ask for additional documents depending on the account you choose. Before commencing the account opening procedure, it's recommended to go through the list. This will help ensure that you have a seamless application process.

Types of AU Small Finance Bank Savings Account

There are numerous AU Small Finance Bank savings account options to choose from. Some of the top account types are as follows.

AU Royale Account

The AU Royale Account is a premium account that offers various benefits such as high-interest rates, personalised services, and exclusive privileges. The account is designed to cater to individuals seeking enhanced bank experiences and additional perks compared to the standard savings account.

 

Features of AU Royale Account

 

Dedicated Relationship Manager: Access to a dedicated relationship manager who can provide personalised assistance and address your banking needs.

 

Exclusive Delights:

  • Monthly cashback of up to 1% or ₹200/- on a minimum Debit Card spend of ₹2,500 per month (applicable on non-fuel spends only)

  • Enjoy up to 8 complimentary domestic airport lounge access every year (2 visits every quarter)

  • Get a free ticket up to ₹250 on every movie ticket purchased through BookMyShow (Twice a month)

     

Milestone benefits: Achieve the annual spends target on your debit card and get vouchers up to ₹4,750.

 

Family Banking Program: Integrate and handle at least five other family members’ personal accounts.

 

Preferential pricing: Enjoy zero AMCs on your Demat account, preferential exchange rates on Forex ,and a discount of 75% on locker rentals (applicable to 1 locker per group).

 

Lowest cross-currency mark-up: Withdraw money from international ATMs. Additionally, enjoy low mark-up of up to 1.5% on international merchant purchases

 

State-of-the-art Digital Banking: Access your funds through AU 0101 NetBanking or the AU 0101 App. You can also make hotel, cab & flight bookings, and apply for various products at the comfort of your home.

 

Exclusive joining benefits: Amazon vouchers of up to ₹1,250** on select banking transactions 

AU Platinum

The AU Platinum Savings Account offers customers with enhanced benefits and privileges. It typically includes features such as higher interest rates, personalised services, and exclusive access to discounts and offers. 

 

Features of AU Platinum Account

 

Dedicated Relationship Officer:  To provide you with personalised assistance and address all your banking needs.

 

Banking at your convenience: Get access to all your transactions & other services with the Video Banking facilities.

 

State-of-the-art Digital Banking: Access your funds through AU 0101 NetBanking or the AU 0101 App. You can also make hotel, cab & flight bookings, and apply for various products at the comfort of your home.

 

Exclusive joining benefits:  Amazon vouchers of up to ₹1,250** on select banking transactions 

Voucher Amount

Particulars

₹250

On your first Debit Card purchase transaction of at least ₹1,000 (online or POS)

₹100

On your first bill payment of at least ₹500 via Netbanking or the App


₹250

On your first payment of at least ₹1,000 after scanning via AU 0101

 

₹250

On the registering your online investment account

₹250

On booking your first Fixed Deposit (at least ₹50,000 for a tenor of at least 6 months)

OR

On booking your first Recurring Deposit (at least ₹2,000 for a tenor of at least 6 months)

₹150

Issuance of FASTag with a credit of ₹400

Monthly cashback: Spend up to ₹2,500 on your debit card and enjoy monthly cashback of 1% up to ₹100 (non-fuel spends only).

AU Small Finance Bank Savings Account monthly average balance requirement varies for the product variants. To know more, visit aubank.in

 

In addition, the competitive AU Small Finance Bank savings account interest rate helps you make the most of your investment. Considering the types of accounts available, you must check their features and benefits before opening an account.

FAQs

What is the minimum balance in an AU Small Finance Bank savings Account?

The average monthly balance required to be maintained in an AU Savings Account varies from zero to ₹25 Lakhs based on product variant.

What is the interest rate for an AU Small Finance Bank Savings Account?

The AU Small Finance Bank offers interest rates of up to 7.25% p.a. on a savings account.

What are the various benefits of opening an AU Small Finance Bank Savings Account?

Joining privileges, monthly cashbacks, domestic airport lounge access, monthly interest payouts, high interest rates and family banking services are some of the benefits you can enjoy when opening a savings account with AU Small Finance Bank.

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