Types of AU Bank Saving Account

AU Small Finance Bank offers a diverse range of savings accounts, each crafted to meet unique financial needs and aspirations. Whether you're a student, a senior citizen, an institution, or an individual seeking the utmost convenience, there's a tailored solution waiting for you. From the ease of the Digital Savings Account to the financial empowerment of the AU Women Account, and the nurturing of financial responsibility with the AU Kids Account, AU Bank ensures that your banking experience aligns with your goals. With options designed for NRIs, working professionals, and even institutions, AU Small Finance Bank's suite of savings accounts is a testament to their commitment to helping you achieve financial success, one account at a time."

AU Small Finance Bank: A World of Savings Account Options

AU Small Finance Bank offers a range of savings accounts that can suit your specific needs and financial goals. A savings account is like a safe place to keep your money, and it comes with some extra benefits. With AU Bank, you can enjoy the flexibility to withdraw money, transfer funds, pay bills, and more, all while earning attractive interest on your deposits. Let's dive into the different types of savings accounts AU Small Finance Bank has to offer and discover which one might be the best fit for you.

1. AU Digital Savings Account

Imagine being able to open a savings account in an instant, without any hassle. AU Small Finance Bank's Digital Savings Account makes it possible. It's a Zero Balance Savings Account, which means you don't need to have a minimum amount of money in your account. This account is designed to be quick and effortless, and you can even complete the process through video KYC (Know Your Customer). As long as you're 18 years or older and have the necessary KYC documents, you're eligible to open a digital savings account with AU Small Finance Bank.

2. AU Salary Account

For many working individuals, a salary account is their primary savings account. If you're an on-roll employee of a company partnered with AU Small Finance Bank, you can open a Salary Savings Account instantly. This account is tailored to meet the banking needs of modern-day professionals. What's great about it:

• No minimum savings account balance is required.
• You'll receive a feature-rich Visa Debit Card with enhanced insurance coverage, along with offers and discounts from leading brands in India.

Say goodbye to deposit slips; this account offers paperless banking.

3. AU Senior Citizen Savings Account

Banking should be convenient and hassle-free for senior citizens, and AU Small Finance Bank understands that. Their "Senior Citizen Savings Account" is designed for Indian residents aged 60 and above. Here's what it offers:

• Earn high-interest rates on your savings balance, with monthly interest payouts.
• Get a generous 50% discount on locker rentals to safeguard your important documents, gold, and valuables.
• Enjoy extended banking hours for added convenience.

4. AU NRI Account

If you're a Non-Resident Indian (NRI) or a Person of Indian Origin (PIO), AU Small Finance Bank has made it easy for you to manage your income, whether earned in India or abroad. You can choose from two types of Savings Accounts: NRE (Non-Residential External) Savings Account and NRO (Non-Residential Ordinary) Savings Account, depending on your needs. Additionally, AU Bank offers NRE and NRO Non-Interest-bearing accounts for NRIs. Here's 

what you can expect:

• Enjoy high-interest rates and receive monthly interest payouts.
• Access exclusive facilities like Hospi-Cash to cover your parent's medical expenses in India.
• Benefit from free Tax Advisory services in India with your NRE or NRO Savings Account.

5. AU Institution Account

Managing finances for institutions can be a complex task. AU Small Finance Bank simplifies it with the "AU Institution Account," specifically designed for Trusts, Associations, Clubs, NGOs, Hospitals, Educational & Research Institutes, Section 8 Companies, and other entities. Key features include:

• Free cash deposit and withdrawal services.
• Preferential rates on fixed deposit (FD) investments.
• Enhanced liquidity with an overdraft facility to meet short-term needs.

6. AU ABHI Account

Why wait in long queues to open a savings account when you can do it virtually? AU Small Finance Bank's fully digital "AU ABHI Savings Account" is a Zero Balance Saving Account that offers several benefits:

• Apply online and open an Instant Savings Account within 3 minutes using your Aadhar and PAN card.
• Enjoy convenient transactions with a Virtual RuPay Debit Card.
• Access free unlimited IMPS/RTGS/NEFT fund transfers.

7. AU Women Account

AU Small Finance Bank believes in empowering women to build financially secure futures for themselves and their loved ones. The "AU Women Savings Account" is specially designed for women aged 18 and above. It offers:

• Monthly interest payouts on your hard-earned money.
• Extended banking hours for added convenience.

8. AU Student Account

For students with dreams and aspirations, AU Small Finance Bank offers the "AU Student Account." To open this account, your educational institution needs to be partnered with AU Bank. Here's what it offers:

Monthly interest payouts and high savings account interest rates.

• A RuPay Platinum Debit Card with insurance and exciting benefits.
• Complimentary access to other bank ATMs for cash withdrawals.
• The opportunity to invest your idle funds in high-interest-bearing fixed deposits (FDs).

9. AU Kids Account

The "AU Kids Account" is specifically designed for children under 18 years of age. It helps children understand the importance of saving money while enabling parents to build a financial foundation for their child's future. Features include:

• Zero non-maintenance charges for the child's account.
• Parents can set up a recurring fund transfer facility to their kid's account.
• Visa Debit Card facility is available for children aged ten and above.

Each of these savings accounts from AU Small Finance Bank is designed to cater to specific needs and goals. Whether you're a working professional, a student, a senior citizen, an institution, or simply someone looking for a convenient and rewarding savings account, AU Bank has a solution tailored just for you. Start your journey towards financial security and growth with AU Small Finance Bank today.