About AU bank

 

AU Small Finance Bank is a leading small finance bank in India. It was founded in 1996 as Au Financiers, a non-banking finance company (NBFC), and converted into a small finance bank in 2017. The bank is headquartered in Jaipur, Rajasthan, and has a pan-India presence with over 800 branches.

 

AU Bank offers a wide range of banking products and services, including savings accounts, current accounts, fixed deposits, loans, insurance, and wealth management services. The bank has a strong focus on serving the underbanked and unbanked sections of society, particularly in rural and semi-urban areas.

 

AU Bank is known for its customer-centric approach and innovative products. The bank's savings accounts come with attractive interest rates, zero balance facilities, and a range of features such as mobile banking, net banking, and debit cards. The bank's loan products, including personal loans, business loans, and vehicle loans, are designed to meet the needs of both individuals and businesses.

 

AU Bank has won several awards and recognitions for its performance and innovation. In 2020, it was ranked as the 'Best Small Finance Bank' by Business Today and the 'Most Innovative Bank' by National Payments Corporation of India (NPCI). The bank was also awarded the 'Best Social Media Strategy' award at the Social Media Summit and Awards 2020.

 

In addition to its banking services, AU Bank is also committed to social and environmental causes. The bank has launched several initiatives to promote financial literacy, digital inclusion, and sustainable development. The bank's CSR initiatives include education, healthcare, and skill development programs, among others.

 

In conclusion, AU Small Finance Bank is a leading small finance bank in India with a strong focus on serving the underbanked and unbanked sections of society. With its customer-centric approach and innovative products, the bank has become a popular choice for individuals and businesses across the country.

 

How to open AU bank savings account online?

 

Opening a savings account has become much easier with the advent of online banking. It is now possible to open a savings account with just a few clicks on your computer or smartphone. In this blog, we will discuss how to open an AU bank savings account online.

 

AU Small Finance Bank is one of the leading small finance banks in India. It offers a range of savings accounts to suit the needs of different customers. AU Bank savings accounts come with attractive interest rates, zero balance facilities, and many other features.

 

To open an AU bank savings account online, follow the steps given below:

 

Step 1: Download Fayda App 

The first step to open AU 0 balance savings account online is to download Fayda App from the respective app store on your smartphone.

 

Step 2: Select the 'Open an Account' option

Once you are on the AU Bank website, look for the 'Open an Account' option. Click on the option to proceed.

 

Step 3: Choose the savings account type

AU Bank offers various types of savings accounts, such as regular savings account, digital savings account, senior citizen savings account, etc. Choose the account type that suits your needs and click on 'Apply Now.'

 

Step 4: Fill in your details

After selecting the account type, you will be directed to a page where you will be required to fill in your personal and contact details, such as your name, date of birth, mobile number, email id, address, etc. Make sure to fill in all the mandatory fields correctly.

 

Step 5: Upload your documents

Once you have filled in your details, you will be asked to upload your KYC documents, such as your Aadhaar card, PAN card, etc. Make sure to upload clear and valid documents.

 

Step 6: Choose your account features

After uploading your documents, you will be given the option to choose the features of your savings account, such as debit card, mobile banking, net banking, etc. Choose the features that you require and proceed.

 

Step 7: Review and submit your application

Before submitting your application, make sure to review all the details that you have filled in. If you find any errors, you can edit them before submitting. Once you are satisfied, click on the 'Submit' button to complete your application.

 

Step 8: Complete the e-KYC process

After submitting your application, you will be directed to complete the e-KYC process. This process involves verifying your details and documents through an OTP sent to your registered mobile number. Follow the instructions to complete the process.

 

Step 9: Receive your welcome kit

After successfully opening your savings account, you will receive a welcome kit from the bank, which will contain your account number, debit card, and other important information.

 

In conclusion, opening an AU Bank savings account online is a simple and hassle-free process. By following the above steps, you can easily open a savings account from the comfort of your home. If you face any issues during the process, you can contact the bank's customer care for assistance.

 

Why au bank savings account is better than other savings account

 

AU Bank savings account offers several benefits that make it a better choice compared to other savings accounts. Some of the key advantages of AU Bank savings account are:

 

Attractive Interest Rates: AU Bank offers attractive interest rates on its savings accounts, which are among the best in the industry. The interest rates are higher than those offered by many other banks, which means that you can earn more on your savings.

 

Zero Balance Facility: AU Bank savings accounts come with a zero balance facility, which means that you do not need to maintain a minimum balance in your account. This is particularly useful for those who do not have a regular income or those who want to keep their savings in a separate account.

 

Multiple Account Options: AU Bank offers a range of savings accounts to suit the needs of different customers. Whether you are a salaried employee, a senior citizen, or a student, there is an account option that is designed for you.

 

Digital Banking Services: AU Bank offers a range of digital banking services, including mobile banking, net banking, and UPI, which make banking more convenient and accessible. You can access your account anytime and anywhere, and carry out transactions easily.

 

Personalized Service: AU Bank is known for its customer-centric approach and personalized service. The bank's staff are friendly and approachable, and are always willing to help you with any queries or issues that you may have.

 

Easy Account Opening Process: Opening an AU Bank savings account is a simple and hassle-free process. You can open an account online, and the e-KYC process makes it faster and more convenient.

 

In conclusion, AU Bank savings account offers several advantages that make it a better choice compared to other savings accounts. With its attractive interest rates, zero balance facility, multiple account options, digital banking services, personalized service, and easy account opening process, AU Bank is a great option for those looking for a reliable and convenient savings account.