AU Bank savings account interest rate is a preferred choice for individuals looking to earn a higher return on their deposits. The interest rates vary based on the balance maintained in the account, allowing customers to benefit from tiered rates. As of 2024, AU Small Finance Bank offers interest rates ranging from 3% to 7.25% per annum.
What is the AU Small Finance Bank Saving Account Interest Rate?
The interest rate slabs are structured as follows:
The incremental amount slab of savings accounts |
Rate of interest applicable (per annum) |
Balances less than Rs. 1 Lakh |
3.00% |
Balances from Rs. 1 Lakh to less than Rs. 5 Lakh |
4.00% |
Balances from Rs. 5 Lakh to less than Rs. 10 Lakhs |
5.00% |
Balances from Rs. 10 Lakhs to less than Rs. 25 Lakhs |
7.00% |
Balances from Rs. 25 Lakhs to less than Rs. 1 Crore |
7.00% |
Balances from Rs. 1 Crore to less than Rs. 5 Crores |
7.25% |
Balances from Rs. 5 Crore to less than Rs. 10 Crores |
7.00% |
The AU Small Finance Bank saving interest rate is calculated daily based on the closing balance and is credited to the account quarterly. This structure allows account holders to maximise their earnings by maintaining higher balances over time.
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What is AU Small Finance Bank Saving Account Interest Rate?
saumya
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50 days
2024-09-22T09:06:55+00:00 2024-09-22T09:06:56+00:00Comment
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