Every Detail on AU Savings Account

A savings account is mandatory if you want to manage your finances without any worry. These accounts not only offer a safe place to store money but also provide opportunities for it to grow through interest rates and various benefits. AU Small Finance Bank offers a variety of savings accounts designed to meet the different needs of its customers.

AU’s savings accounts are designed to offer high interest rates, along with monthly interest payouts, allowing users to watch their savings grow. These accounts come with multiple features, such as digital banking access, exclusive debit card offers, and dedicated relationship managers to provide personalized assistance. Whether it’s for hassle-free digital banking, to empower women financially, or to help the elderly, AU Small Finance Bank has a savings account for everybody, which guarantees that each account is rewarding and beneficial for its account holders.

AU Digital Savings Account

The AU Digital Savings Account offers a hassle-free way to manage your finances in today’s fast-paced world. With this account, you can open an account instantly through the AU app or NetBanking, terminating the need to visit a physical branch. This account has an annual fee of ₹299 plus taxes and is eligible for residents of India above the age of 18 years. One of the standout features of this account is the high interest rates of up to 7.25% per annum, along with monthly interest payouts, helping you grow your savings. You can enjoy 24×7 access to your funds through digital banking, allowing you to make transactions and manage your account at any time. The account also comes with a feature-rich Rupay Platinum Debit Card, providing purchase protection, insurance coverage, and exclusive offers and discounts. There is no minimum balance requirement, and you can benefit from free unlimited RTGS/NEFT fund transfers through digital channels. With the AU Digital Savings Account, you can bank at your ease, make paperless transactions, and access a variety of additional products and services.

AU Royale Savings Account

The AU Royale Savings Account is designed to provide multiple benefits for you and your family. With this account, you can enjoy high interest rates of up to 7.25% per annum on your savings, with the added advantage of receiving monthly interest payouts directly into your account. You will have access to a dedicated Relationship Manager who can assist with all your banking needs. As a privileged member, you will receive perks such as a BOGO free offer on movie tickets through BookMyShow, two complimentary domestic airport lounges which can only be accessed after spending ₹5,000 in the previous quarter, and a VISA Signature Debit Card with insurance coverage and higher withdrawal limits. The Family Banking Program allows you to combine the accounts of up to five family members so that their personal banking needs are taken care of. You can enjoy special pricing on locker rentals, foreign exchange rates, and no annual fees for your Demat Account. With modern digital banking, you can instantly access funds through the AU app or NetBanking.

AU Women’s Savings Account

The AU Women Savings Account, introduced by AU Small Finance Bank, is designed to empower women so that they can achieve their financial goals and manage their finances without any problems. The annual fee of this account is ₹200 plus taxes. One of the standout features of this account is the high interest rates, allowing account holders to earn up to 7.25%* per annum on their savings balances. Account holders can benefit from the services of a dedicated Relationship Officer who serves as a single point of contact for all banking and financial needs.

The AU Women’s Savings Account provides video banking facilities, 24×7 access to funds through the AU app or NetBanking, and the ability to conduct banking transactions and service requests directly through your home. The account includes a Visa Gold Debit Card with purchase protection, insurance coverage, and multiple offers and discounts across leading brands. With the AU Women’s Savings Account, women can enjoy paperless banking, instant transaction alerts, and the versatility to meet account balance requirements through savings balances or fixed deposits.

AU Senior Citizen Savings Account

The AU Senior Citizen Savings Account has been introduced for the elderly aged 60 and above. With an annual fee of ₹200 plus taxes, this account offers high interest rates, allowing account holders to earn up to 7.25% per annum interest with monthly interest payouts. Customers can also earn an extra 0.5% p.a. on fixed deposits. Due to video banking and doorstep banking facilities, all banking transactions and service requests are to be executed from the comfort of one’s home. Account holders can enjoy a flat 50% discount on locker rentals and priority servicing at dedicated senior citizen desks available at every branch. Paperless banking adds the extra perk of allowing funds to be deposited into the account without using a deposit slip.

The program benefits include a complimentary MediBuddy membership, providing access to multiple wellness services such as free doctor consultations, pharmacy discounts, and free health check-ups. Account holders also receive a complimentary Swiggy One Lite membership with exclusive discounts and free deliveries on meals, as well as discounts on Swiggy Genie for instant pick-up and drop-off services. Professional assistance is available to create a legally binding will, and account holders can enjoy discounts on various home services offered by No Broker. This account comes with a VISA Gold Debit Card, providing special offers from leading brands and insurance coverage, as well as discounts on OTT subscriptions, gifting, flight tickets, and hotel bookings.

AU Student Savings Account

AU Small Finance Bank also offers a savings account for students so that they can manage their finances with ease. This helps students in realizing the value of money and how being financially stable is important. With a joining fee of ₹200 plus taxes, this card offers a high interest rate of 7.25%, and users receive monthly interest payouts. Students above the age of 18 years are eligible for this savings account. One of the best features of this account is the 24×7 access to funds through the AU App, making banking hassle-free. There’s no minimum balance requirement so that students can focus on their studies without worrying about maintaining a certain amount in their account. The account also comes with a RuPay debit card that provides purchase protection and offers discounts at various brands across. This account is a great way for students to start their financial journey and prepare for a stable and secure future.

AU Kids Savings Account

Parents today are opting for kids savings accounts for a secure future for their kids. The AU Small Finance Bank offers a kid’s savings account for children under the age of 18 years with an annual fee of ₹200 plus taxes. This account offers high interest rates with monthly interest payouts, along with a VISA Gold Debit Card that children above 10 years of age can use. It allows for easy fund transfers from family accounts and easy money management. The account also comes with added insurance benefits and family banking options. Applying for this account is simple, as it can be done online by filling out an online form, after which a representative will contact you to initiate the application process. You can even visit the nearest AU Small Finance Bank branch with your KYC documents and passport-sized photographs to fill in the application form and get the process started.

Bottom Line

AU Small Finance Bank has different savings accounts to meet your financial needs. Potential account holders have the option to choose any account since AU Small Finance Bank offers multiple savings accounts, some of which are mentioned above. Each account offers high interest rates, digital banking features, and dedicated relationship managers. Users can pick the preferred account of their choice that matches their financial goals.