AU Small Finance Bank Kids Savings Account vs AU Small Finance Bank NRI Savings Account

Interest Rate

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

Minimum Balance

NIL
Rs. 5000/month

Monthly Average balance

NIL
Rs. 5000

Features

* There is no account balance non-maintenance charges

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

* Easily set up a recurring fund transfer facility to the kid’s account

* 24x7 Banking: Use AU 0101 App / NetBanking and Phone Banking

* Customize card's limits

* Extended banking hours

* No deposit slip is required for depositing the funds in your child's account 

* Enhanced insurance coverage: Avail multiple insurance benefits such as card liability insurance, purchase protection, and personal accident cover

* Avail complimentary domestic airport lounge access in India that's powered by RuPay Platinum NRO Debit Card

* Get a Hospi-Cash facility

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

* Relationship Manager facility

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

* Free Tax Advisory service in India with AU Bank's NRE or NRO Savings Account 

* Avail wide range of products and services that includes lockers, Demat, 2-in-1 Account, Mutual Funds, Insurance, asset products and insurance

* Get a wide array of investment products and protection solutions

* Receive monthly newsletter

* Free digital payments (RTGS/NEFT/IMPS)

Documents Required

* Account application form filled with your child as the first account holder and you as the joint holder or guardian
* Passport size photographs of both the applicants
* Both applicant's: PAN Card, passport, voter ID, etc.
* Both applicant's: Aadhaar Card, telephone bill, passport, etc.

 

* Duly Filled Application Form
* Passport Size Photographs
* Indian/Foreign passport along with Pan/Form 60
* Proof of NRI/PIO Status: Valid VISA, Work/Residency permit, OCI Card, PIO declaration
* Indian and overseas address proof FATCA/CRS declaration

 


More comparisions with AU Small Finance Bank Kids Savings Account

More comparisions with AU Small Finance Bank NRI Savings Account

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