AU Small Finance Bank Salary 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

* Relationship Officer facility

* Avail higher rates on fixed deposits and earn special 0.5% extra on the investments with the option of monthly and quarterly interest payout 

* Enjoy banking at your convenience by getting all the banking transactions and other service requests executed from the Video Banking facilities 

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

* Priority servicing facility: There's a dedicated senior citizen desk available at every branch for quickly resolving any of the banking requirements 

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

* Have easy access to your account by using the bank's digital-first approach and extensive network of banking touchpoints

* Avail flat 50% discount on Locker rentals

* Tax Advisory services

* Avail special offers from leading brands with VISA Gold Debit Card

* Relationship convenience: Meet the account balance requirement either through savings balances or with Fixed Deposits

* Receive instant alerts on banking transactions for free of cost

* Increased cash deposit limits and additional insurance benefits

* Receive monthly newsletter 

* Mobile banking facility that includes interbank, mobile payment services (IMPS), utility bill payments, enquiry and statements and cheque book request 

* Internet banking

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

* Application form: Filled-up application form
* Passport size photographs
* Identity proof: Aadhaar Card, PAN Card, passport, driving license, voter ID, etc.
* Address proof: Aadhaar Card, passport, driving license, voter ID, etc.
* Employment confirmation letter from the HR/appointment letter/salary slips

 

* 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 Salary Account

More comparisions with IndusInd Bank Small Savings Account

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