Which bank gives 7% interest on savings account in 2023

Savings account: Au Bank Saving Account, Are you want to open saving account at your home using smartphone? You are reading a write article because in this article we are sharing tips for Au Bank Saving Account opening process.

What is Saving Account?

A bank account where you can deposit your small saved money and earn interest basis on your deposit amount. People also use saving accounts for money safety and security. Banks handle your deposit money and it gives you a return as interest. A savings account is an interest-bearing account that’ll help to fulfill your financial needs.

If you open a saving account in any bank, you will get many facilities like ATM cards, sms alerts, money transfers and credit card services, which make your financial needs helpful.

Basic Facilities with Saving Account

• One bank account
• ATM Card and UPI service
• SMS alert
• Passbook
• Chequebook
• Fund Transfer

What documents should I keep handy? Are original documents mandatory?

• For Account Opening –

• For Video Banking (Servicing)

Au bank zero balance savings account

This is India’s largest Small Finance Bank which is committed to providing banking facilities that perfactly cater to custmers needs above all else. It provides a high interest rate with a monthly interest payout circle and unlimited free transactions.

It have an easier & instant way to open a Savings Account from anywhere – via Video Banking. Bank ensure that you always enjoy a superior banking experience.

au bank savings account benefits

• Earn up to 7.25% p.a* interest with a monthly payout
• Enjoy 24*7 access to your funds through AU 101 App 
• Banking at your convenience using smartphone. Enjoy a branch like experience with Video Banking
• Feature rich ATM Debit Card with discount on leading brand and cashback offers
• 100% paperless digital mode banking service
• You Can get Zero balance saving account
• Free unlimited IMPS/RTGS/NEFT fund transfer

Documents Required for account opening

• Identiy proof like Aadhar card, voter ID, Passport
• Address proof – Aadhar Card (Your details in Pan & Aadhar Card should be same)
• Pan Card
• Mobile Number
• Smartphone
• Blank white paper & Black Pen for signature

Au Bank Saving Account – open

• Choose account opening link below as  your age and enter the Name and Mobile Number other requiered  details and click on “Start Now”
• Now you will be redirected to ‘AU Bank’ website to register.
• First, enter the rgistered mobile number and verify the OTP
• You need to enter the PAN card number, then mark in the check box to accept T&C and click  ‘Proceed’
• Now enter the  Aadhar number & accept T&C.  Then  submit OTP received on  the registered mobile  number and complete Aadhar verification.
• Now  you will see  3 options choose given below option

     1. Complete application process

• After this  complete video kyc
• Now you can see details which are fetched by  aadhar card now submit the additional details like email ID, Father’s name & Mother’s name details
• On the next  step  you need to add income details like occupation & annual income  and proceed
• Now you  need to  choose saving account type from the screen, the cutomer  can choose AU Digital Saving Account after that choose a branch by selecting state &  city.
• Now you can see the summary of your details, you needs to verify and confirm the details.
• Thenyou can see video KYC options on the screen it can be done immediately or the customer can choose another option & schedule their KYC for later.
• If you prefers Video KYC then keep the documents handy.
• Allow location & camera for the device.
• After that AU bank authorized person will call you & verify a few details with their original documents.
• Onceyou will complete video KYC your AU Bank saving account will open after 2-3 hours.

Who are the ideal customers for Au Saving Account?

• Age should be 18 years or above
• Valid PAN and Aadhar Card
• Aadhar Card linked with mobile number

Au Bank Saving Account debit card charges

If you want to order this bank ATM, then you will have to pay debit card charges of ₹ 177 from your account, which will automatically be deducted from your account.

Au Bank Saving Account interest rate latest

Au Bank Saving Account interest rate latest is 7.25% p.a with  monthly  payout.

au bank savings account interest rate calculator

au finance bank savings account interest rate. Applicable Interest Rates on Savings Bank Deposits w.e.f. 12^th December, 2022

For Domestic / NRE / NRO Savings Account

au bank savings account types