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Classic Savings Account
Introducing our Classic Savings Account – a savings account tailored to give you the classic edge in your everyday life. It’s the savings account you need, with higher interest rates and convenient banking benefits.
Explore Your RuPay Debit Card Benefits
Minimal Requirements
Aadhaar card
PAN Card
Mobile number linked with Aadhaar
*For the comprehensive Service Charges and Fees, click here
Latest Interest Rates
Below mentioned are the Interest Rates with effective from 05th June 2026
| Account balance | Rate of Interest (p.a.) |
|---|---|
| Up to ₹ 3 lakh | 2.50% |
| > ₹3 lakh to ₹5 lakhs | 3.00% |
| > ₹5 lakhs to ₹25 lakhs | 6.50% |
| > ₹25 lakh to ₹25 Crore | 6.75% |
| > ₹25 Crore | 7.15% |
Important Point:
No additional interest rate for Senior Citizens.
Calculation methodology applicable for Savings Accounts:
Calculation methodology applicable for Savings Accounts:
Interest is calculated on day-end balances maintained in the savings account and paid out on a monthly basis.
The higher interest rate will be applied and paid basis the balances maintained as per slabs.
Example: If a customer maintains ₹ 3,20,000/- in the savings account, 2.50% interest will be earned for ₹ 3,00,000/- and 3.00% interest will be earned for the remaining ₹ 20,000/-
Please write to customercare@ujjivan.com to know more.
Who can open a Classic Savings Account?
FAQs
Ujjivan SFB’s Classic Savings Account is a savings account that comes loaded with benefits, including higher interest rates, a RuPay Debit Card with exclusive offers, low monthly average balance requirement, and more.
You can open a Classic Savings Account as long as
You are a resident Indian between 18 to 59 years of age
You have a valid Aadhaar and PAN number
You have a working mobile linked to your Aadhaar
You need to maintain MAB of ₹5,000 or above.
Video KYC will be available from 8 AM to 8 PM.
You can earn up 7.15%* p.a. depending on your account balance.
Yes there is daily transaction limit on all Digital Savings Account variants. The limit is for first 7 days of account opening.
The transaction limit varies basis the product selected by you. Kindly visit our Net banking page to know more on the same.
You may not face any challenge if the transaction value is lower than the limit applied for your account variant.
If you want to do any transaction which is exceeding the daily transaction limit during the cooling period of 7 days, you may have to visit our branch. We would be very happy to assist you. For branches list click here.
*T&C Apply
*T&C Apply