AU Small Finance Bank Abhi Savings Account vs HDFC Bank Savings Account

Interest Rate

Up to 7% p.a
3.00% - 3.50% p.a.

Minimum Balance

NIL
Rs. 10,000 for Urban branches; Rs. 5,000 for Semi Urban branches; Rs. 2,500 for Rural branches

Monthly Average balance

NIL
Rs. 10,000 for urban branches; Rs.5000 for semi-urban branches; Average quarterly balance of Rs. 2500 or FD of Rs.10,000 for minimum 1 year 1 day for rural branches

Features

* Receive monthly interest payouts into the account

* Have instant access to the account by instantly opening Savings Account electronically within three minutes by simply inserting your Aadhaar number and PAN Card details

* Easily transfer funds online through NEFT, IMPS, and UPI without any charges

* NetBanking and Mobile Banking 

* Get all banking transactions and other service requests executed from the Video Banking facilities                                 

* 24x7 online transactions facility

* Enjoy wide range of products and services such as lockers, Demat, Mutual Funds, Insurance, asset products and insurance 

* Free unlimited IMPS/RTGS/NEFT fund transfers

Sweep-In/Email and SMS Alerts

E-Statement

Payable-at-par Chequebook

BillPay

NetBanking and MobileBanking

ATM facility

Documents Required

* Open the AU ABHI Account online with zero paperwork - just feed in your PAN and Aadhaar numbers. However, within one year of opening the account, KYC verification has to be done to keep the account active

Additional documents could be:

* Duly filled application form
* Passport size photographs
* PAN Card, passport, voter ID, etc.
* Aadhaar Card, telephone bill, passport, etc.

 

* A filled-up application form

* Passport, Voter ID card, PAN card, Permanent Driving license, Aadhar card, NREGA job card, or ID card issued by central or state governments, PSUs, scheduled commercial banks

* Employment Proof

* Latest passport size photographs


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