AU Small Finance Bank review

The digital savings account pays 6.75%, credited as monthly interest payouts rather than at maturity. The rate type is variable, so the bank can revise it over time, and the account kind is easy access. Opening and managing it runs through the AU app.

No. The minimum deposit is INR 0, and the account ranks 1 of 370 on that measure. For context, the median minimum deposit across savings accounts in the ranking sits at €0.17, so a low entry point is the norm here.

It is a bank in India, supervised by the Reserve Bank of India, and it has traded since 1996 under the legal entity AU Small Finance Bank. Bank status is the licence type to check when weighing the safety of savings money, rather than an e-money or payment institution licence.

Transfers run through the AU app, and the account kind is easy access, so the balance is reachable without a term. Online payments are unlimited across RTGS, NEFT, UPI and transfers inside the bank, and a RuPay Platinum debit card comes with the account for everyday spending.

Yes. The account kind is easy access and interest is paid out monthly rather than at maturity, so there is no term to serve before you touch the balance. Weigh that flexibility against the fact that the rate is variable, so the amount credited can change over time.

Support runs on phone and help centre, so a phone line and a help centre are the listed routes, and doorstep service covers the account in person. There is no listed chat or email channel, which makes the phone the quickest path for anything urgent.

The median headline rate across savings accounts in the ranking is 3.08%, and 6.75% sits above it, yet the account ranks 63 of 473 overall. Plazo ES lists 24.19% and AXI Card Tarjeta y Credito 21.59%.