AU Small Finance Bank Introduces High‑Yield Savings Account

AU Small Finance Bank has launched a savings account that rewards larger balances with slab‑based interest rates, reaching up to 7% per annum for eligible high‑value balances (specifically on account balances from INR 100 crore to less than INR 750 crore). The interest is calculated on the daily closing balance and credited every month, allowing the interest to compound as it becomes part of the principal.

The product is positioned as a liquid alternative to fixed deposits and debt mutual funds. Unlike fixed deposits, there is no lock‑in period; customers can access funds any day through the AU 0101 mobile app, UPI, IMPS, NEFT, RTGS, or by visiting a branch. Unlike debt mutual funds, the account carries no market risk, and deposits are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC) under its prevailing rules.

Target Customers

The bank highlights that the account is suitable for business owners, professionals, families, salaried earners, and senior citizens who require easy access to working capital or emergency funds while earning higher returns than traditional savings accounts.

Digital On‑boarding

Accounts can be opened digitally in minutes via the AU Small Finance Bank website or the AU 0101 app. The process requires the applicant’s mobile number, Aadhaar number, and PAN details, followed by a short video call for Video KYC. Any Indian citizen aged 18 or above with valid KYC documents is eligible.

AU 0101 App Features

The AU 0101 app offers more than 180 services, including balance checks, interest tracking, statement downloads, UPI/IMPS/NEFT/RTGS transfers, bill payments, autopay setup, fixed‑deposit and recurring‑deposit creation, mutual‑fund investments, and debit‑card management with two‑factor login, face unlock and fingerprint security.

Savings Account Variants

AU Small Finance Bank provides a range of savings‑account products to suit different customer segments:

  • AU Royale for chartered accountants and company secretaries;
  • AU Ivy and AU Eternity for premium banking;
  • AU Platinum and AU Platinum World for everyday and cross‑border banking;
  • AU Value for simple everyday banking;
  • AU Kids for children;
  • AU BSBDA for basic banking.

All variants include the monthly interest credit and full digital banking via the AU 0101 app.

Bank Profile and Regulatory Standing

AU Small Finance Bank is a Scheduled Commercial Bank regulated by the Reserve Bank of India (RBI). As of 30 June 2026, its balance‑sheet size stood at INR 1,97,125 crore, and it is rated AA+ (Stable) by CRISIL. The bank serves more than 1.25 crore customers through over 3,000 banking touchpoints across 21 states and 4 union territories, employing roughly 58,000 staff. The bank is listed on both the NSE and BSE.

Disclaimers

The advertised up‑to‑7% interest rate applies only to balances between INR 100 crore and less than INR 750 crore. Rates are subject to change at the sole discretion of AU Small Finance Bank, and standard terms and conditions apply. For the latest rates, visitors are directed to the bank’s website.