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

Interest Rate

Up to 7% p.a
4.00% - 6.00% p.a.

Minimum Balance

NIL
Zero Balance Account

Monthly Average balance

NIL
NIL or The balance at any point of time does not exceed Rs. 50,000

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

Free access to IndusInd Bank ATMs across India for cash withdrawals, cash/ cheque deposits, VISA Credit Card bill payment, balance enquiry and mobile top-up

5 Free Domestic Other Bank ATM transactions in a month

Free funds transfer through NEFT or RTGS

Half-yearly statements, monthly statements through email

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.

 

* Proof of identity as per list provided from time to time

* Proof of address as per list provided from time to time

* An Account Opening Form Duly Filled

* One passport size self-attested colour photograph

* The prospective customer should visit the branch and affix his/ her signature/ thumb impression in the Account Opening Form in front of the Branch Manager or Manager Customer Service and Operations


More comparisions with AU Small Finance Bank Abhi Savings Account

More comparisions with IndusInd Bank Small Savings Account

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