AU Small Finance Bank Savings Account vs HDFC Bank Savings Account

Interest Rate

Up to 7% p.a
3.00% - 3.50% p.a.

Minimum Balance

Rs. 5000/month
Rs. 10,000 for Urban branches; Rs. 5,000 for Semi Urban branches; Rs. 2,500 for Rural branches

Monthly Average balance

Rs. 5,000 for Urban Branches; Rs. 2000 for Core Branches; Fixed Deposit of Rs. 25,000
Rs. 10,000 for urban branches; Rs.5000 for semi-urban branches; Average quarterly balance of Rs. 2500 or FD of Rs.10,000 for minimum 1 year 1 day for rural branches

Features

* Receive monthly interest payouts into the account

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

* Relationship Officer facility

* 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

* Extended banking hours 

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

* Doorstep banking services: Get various doorstep banking services such as cash/cheque pick-up or delivery services

* Wide range of products & services: Lockers, Demat, Mutual Funds, Insurance, asset products and insurance 

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

* Internet banking

Sweep-In/Email and SMS Alerts

E-Statement

Payable-at-par Chequebook

BillPay

NetBanking and MobileBanking

ATM facility

Documents Required

* Duly filled application form
* Passport size photographs
* PAN Card, passport, voter ID, etc.
* Aadhaar Card, telephone bill, passport, etc.

 

* A filled-up application form

* Passport, Voter ID card, PAN card, Permanent Driving license, Aadhar card, NREGA job card, or ID card issued by central or state governments, PSUs, scheduled commercial banks

* Employment Proof

* Latest passport size photographs


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