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

Interest Rate

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

Minimum Balance

Rs. 5000/month
Zero Balance Savings Account

Monthly Average balance

Rs. 5,000 for Urban Branches; Rs. 2000 for Core Branches; Fixed Deposit of Rs. 25,000
Nil or Rs. 10,000

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

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

* 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 Savings Account

More comparisions with Kotak Mahindra Bank Savings Account

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