AU Digital Savings Account

Eligibility Criteria 

The following are the required eligibility criteria to open an AU digital savings account: 

1. The applicant must be an Indian resident and above 18 years 

1. The applicant must have all the required and valid KYC documents 

How to open an AU Digital Savings Account Work? 

The following are the steps to open an AU Digital Savings Account: 

1. Open the AU 0101 Net banking portal and select ‘Apply Now’ option 

1. Next, fill in the account opening form and upload the required documents such as identity proof, address proof, and FATCA declaration 

1. Once the form is filled submit the same and initiate the Know Your Customer (KYC) process 

1. The KYC for the account opening will be conducted online through a secured video call from the bank representative 

1. The bank representative will verify your documents on the video call after which your form will be processed for account opening 

1. Once the KYC process is completed, the Digital Savings Account is instantly opened and ready to be used 

1. The account holders can access their AU Digital Savings Account through AU 0101 App or Net Banking services 

1. The customers can also open a digital savings account by contacting customer care number 1800-1200-1200 

Required Documents 

The following are the required documents to open an AU Digital Savings Account: 

1. Aadhar Card 

1. PAN Card 

Exclusive Features of AU Digital Savings Account 

The following are the exclusive features offered by the AU Digital Savings Account: 

1. The AU digital savings account offers higher interest rate which helps the customers to generate additional income on their income 

1. The digital account is a zero-balance account and therefore account holders are not required to maintain their minimum balance in their accounts 

1. The account holders also receive a debit card to withdraw funds for ATM and to make online and offline payments 

1. The account allows customers to transfer funds from one account to another securely and instantly without any hassle. The transfer of funds can be made through third-party apps or through AU 0101 app 

1. The account can be accessed throughout the day without having to visit the bank. The account holders can also invest in mutual funds, apply for a loan, or purchase anything online through the digital account 

1. In case of any help, the account holders can also get in touch with the support executives through online chat, email or phone

Benefits of AU Digital Savings Account 

The following are the details regarding the AU Digital Savings Account: 

1. The AU digital savings account allows account holders to access all banking services from the comfort of their home 

1. Since the account is digital, the account holders can access it throughout the day 

1. The account can be opened without having to visit the bank. The digital savings account is completely online based and paperless 

1. The account holders can use their digital accounts for unlimited and free transactions through IMPS, RTGS, and NEFT 

1. The digital account is a one-stop banking services, where the account can be used for investing in mutual funds, applying loan, insurance, demat, FDs, lockers and more 

1. The account holders can get access to domestic airport lounges 

AU Small Finance Bank Savings Account Interest Rate 

The following are the interest rates offered by the AU Small Finance Bank for savings account: 

Note – The above-mentioned interest rates are in effect from 20 January 2025 and are subject to change