AU Small Finance Bank Abhi Savings Account vs Kotak Mahindra Bank Savings Account

Interest Rate

Up to 7% p.a
3.50% - 4.00% p.a.

Minimum Balance

NIL
Zero Balance Savings Account

Monthly Average balance

NIL
Nil or Rs. 10,000

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 NEFT through Internet Banking

Free Cash Withdrawals at Domestic ATMs

Scan and Pay to make payments for shopping, groceries, and much more



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.

 

* Driving License, Passport, Voter's ID, Aadhaar Card, PAN Card

* Utility Bill, Bank Statement, Bank Account Passbook (Updated and no more than 3 months old)

* Latest Passport Size Photographs

 To open Kotak 811 Zero Balance Savings Account, please click here


More comparisions with AU Small Finance Bank Abhi Savings Account

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