AU Small Finance Bank Digital Savings Account vs State Bank of India (SBI) Savings Account

Interest Rate

Up to 7% p.a
2.70% p.a.

Minimum Balance

NIL
NIL or Metro & Urban: Rs. 3000, Semi-Urban: Rs. 2000, Rural: Rs. 1000

Monthly Average balance

NIL
NIL

Features

* Receive monthly interest payouts into the account

* Avail Domestic Airport Lounge Access

* Have 24x7 access to the funds through AU 0101 App/NetBanking. One can even book flights, hotels, & cabs, recharge mobile, and apply for a host of products and services

* Extended banking hours 

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

* 24x7 online transactions facility 

* Paperless banking: Deposit funds into the account without using a deposit slip

* Enjoy the wide range of products and services such as Lockers, Demat, Mutual Funds, Loans & Insurance

* Free unlimited IMPS/RTGS/NEFT fund transfers through AU Bank's digital channels

Internet banking/ mobile banking facility

SMS Alerts and e-statement facility

YONO App facility

State App Anywhere

SBI Quick Missed Call Facility

ATM facility

Documents Required

* Aadhar Card and Pan Card

 

* Application form along with Photographs

(a) Proof of identity (any of the following with authenticated photographs thereon):

(i) Passport

(ii) Voter ID card

(iii) PAN Card

(iv) Govt./Defence ID card

(v) ID cards of reputed employers

(vi) Driving Licence

(b) Proof of current address (any of the following)

(i) Credit Card Statement

(ii) Salary slip

(iii) Income/Wealth Tax Assessment Order

(iv) Electricity Bill

(v) Telephone Bill

(vi) Bank account statement

(vii) Letter from reputed employer

(viii) Letter from any recognized public authority

(ix) Ration Card


More comparisions with AU Small Finance Bank Digital Savings Account

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