Au Small Finance Digital Savings Account
Features
🔵 Earn up to 7.25% p.a* Interest with a monthly payouts
🔵 Banking at your convenience
🔵 Enjoy 24x7 access to your funds through AU 0101 App
🔵 Feature-rich Debit Card with discounts on leading brands
🔵 100% digital & paperless banking
Fees and charges
⚪ Account opening Charges - NIL
⚪ Annual Charges - NIL
⚪ Annual fee for Debit Card - ₹150 (Differ on Variants)
⚪ No need to maintain any average monthly balance.
Eligiblity Criteria
🔹 Age: 25 year and above
🔹 Type: Self-employed/ Micro business owners, Salaried
Documents required
🔹 Valid Aadhaar Card and PAN Card,
🔹 Customer’s details in PAN and Aadhar card should be same.
🔹 Mobile Number should be linked to Aadhar Card
Process
♦️ Customer need to enter the name and mobile number other required details & click on 'start now'
♦️ Customer will be redirected to AU bank website to register. First, enter the registered mobile number and verify with the OTP
♦️ Customer needs to enter PAN card number, then mark in the check box to accept T&C and click on 'Proceed'
♦️ Now enter Aadhaar card number & accept T&C. Then submit OTP received on the registered mobile number & complete Aadhaar verification
♦️ Now the customer can see 2 options on screen
1. Complete application process
2. Video call
♦️ If a customer chooses to complete the application process then click on the first option & proceed
♦️ Now a customer can see the details which are fetched by the Aadhaar card now submit the additional details like email ID, Father's & Mother's details.
♦️ On the next step customer needs to add income details like occupation & annual income & proceed.
♦️ Now customer needs to choose the saving account type from the screen, the customer can choose AU Digital saving account. After that choose a branch by selecting state & city.
♦️ Now the customer can see the summary of their details, the customer needs to verify and confirm the details.
♦️ Then the customer can see video KYC options on the screen it can be done immediately or the customer completes Video KYC.
♦️ If customer prefers Video KYC then keep the documents handy. Allow location & camera for the device.
♦️ After that AU bank authorized person will call the customer & verify a few details with their original documents.
♦️ Once the customer will complete video KYC their AU Bank saving account will open after 2-3 hours
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Rules to Follow
🔵 Applicable only for new users (not an existing AU Bank customer).
🔵 The customer should be more than 25 years of age and a resident of India.
🔵 Online VKYC is mandatory.
🔵 Your customer should open a AU Bank Savings account through this link for benefits.
🔵 If your customer are not able to finish the account opening process due to any reason, then you have to complete the process using the same link.
🔵 Customer phone number must be linked with Aadhaar Card.
🔵 You have to deposit a min. of Rs.5001 at the time of account opening.
🔵 It is mandatory for customers to keep their deposits amount for at least 3 days for benefits.
🔵 Video KYC is mandatory for account opening. Customer will have the option to do LIVE video KYC with bank executive to complete their KYC process. The timings for the same are 8am to 9pm on working days.
🔵 Customer must complete the application on their device. if more than one customer use the same device to apply, then Account gets blocked.
Frequently Asked Questions (FAQS)
1. Why do I suggest ‘AU Bank Saving Account’ to customers?
- AU Bank is India's largest Small Finance Bank, which is committed to providing banking solutions that perfectly cater to customers' needs above all else. It provides High-Interest Rate (7.25%*) with a Monthly Interest and unlimited free transactions.
2. Can I open multiple accounts from the same device?
- No, You cannot open multiple accounts from the same device.
3. How long does the application process take?
- The application process is very easy and should not take more than 15 minutes of your time.
4. What are the documents required to open AU Bank Saving Account?
- 1. Aadhaar Card
2. PAN Card
Tags
Digital Bank Account