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Savings Accounts
Open a Savings Account with Ujjivan Small Finance Bank and enjoy the perfect blend of higher interest rates, attractive rewards, and other exclusive benefits designed to make your money work harder for you.
Ujjivan SFB offers a range of savings accounts — from digital-first to senior citizen-friendly — each with specific features, debit card benefits, and easy access via mobile, branch, or net banking.
Get started today and earn up to 7.15%* on your account balance.
Ujjivan SFB offers a range of savings accounts — from digital-first to senior citizen-friendly — each with specific features, debit card benefits, and easy access via mobile, branch, or net banking.
Get started today and earn up to 7.15%* on your account balance.
Savings Account Interest Rates
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 Points:
There is no additional interest rate on Savings Account for Senior Citizen
The SA rates are also applicable for NRO & NRE savings accounts
The higher interest rate will be paid basis incremental balances maintained as per defined slabs
How It Works
Interest is calculated on your daily closing balance
Credited to your account at the end of each month
For the latest rates, please click here
Choose Your Preferred Savings Account
Ujjivan SFB offers a range of savings accounts tailored for different customer profiles. Whether you're looking for a digital-first experience, added benefits for women, or zero balance options, there’s an account for you.
Low Minimum Monthly Average Balance of ₹ 1,000
Free debit card for the first year
5 free transactions at both Ujjivan SFB and other bank ATMs
Monthly Average Balance – ₹25,000 & above
Unlimited free fund transfer through Internet and mobile banking
Unlimited free transactions at Ujjivan bank ATMs
Zero charges on commonly used banking services*.
Enhanced POS & E-commerce limit of ₹5 lakhs.
Personal Accident and Total Permanent Disability cover of up to ₹10 lakhs.
RuPay Classic Debit Card
No charges on non-maintenance of minimum balance
4 Free Number of withdrawals (across all channels including at branch, IB/MB & ATM – monthly)
No average monthly balance criteria
RuPay Classic Debit Card
Operated by parent/guardian
Low Minimum Monthly Average Balance of ₹1,000
RuPay Classic Debit Card
No charges for non-home branch transactions
Choice of Debit Card - RuPay Classic or RuPay Platinum Debit Card
Daily shopping limit of up to ₹1,00,000
One free cheque book per quarter
Special assistance at branches with dedicated senior citizen desk
No charges on non-maintenance of minimum balance
Free 25 cheque leaves per quarter
Flexible eligibility criteria and balance maintenance options
Minor account linked to the primary with a Standing Instruction of ₹2,000 per month
Free RuPay Classic Debit Card
Key Features & Benefits of our Savings Account
Higher interest rates up to 7.15%*
Enjoy reward points every time you open an account, bank or transact
Multiple accounts tailored for your unique financial goals
Feature-packed Debit Cards with multiple offers & discounts
Access your account via our user-friendly mobile app
State-of-the-art mobile banking in 9 regional languages
*T&C Apply
Introducing Ujjivan Rewardz Loyalty Program
From Opening Your Account to Everyday Transactions – Get Rewarded Every Time!
With Ujjivan Small Finance Bank, every time you bank or every action you take brings you closer to exciting rewards. Visit Ujjivan Rewardz – an exclusive loyalty program designed to add value to your everyday banking.
Savings Account Calculator
Calculate the interest income on your Savings Account balance with our easy-to-use Savings Account Calculator.
₹1 Thousand
Principal amount₹1,00,000.00
Monthly interest amount₹616
*Interest is calculated on a monthly basis.
*The above interest calculation shown is indicative, the actual interest paid out may vary.
*Interest Rates Up to ₹ 3 lakh - 2.50% p.a. | Above ₹3 lakh to ₹5 lakhs- 3.00% p.a. | Above ₹5 lakhs to ₹25 lakhs - 6.50% p.a. | Above ₹25 lakh to ₹25 Crore - 6.75% p.a. | Above ₹25 Crore - 7.15% p.a.
How to Open a Savings Account
Step-1: Click on Open Account Now
Step-2: Enter your information and choose your account variant
Step-3: Deposit funds into your account
Eligibility Criteria
Eligibility criteria may differ based on the type of Savings Account. Select the type of account you want to open to check.
Documents Required
To open a Digital/Online Savings Account, you would need:
Aadhar Card
PAN Card
Kindly note that your mobile number should be linked to Aadhar. Once you provide the details, the same would be verified via Video KYC. Please ensure you have a stable internet connection and a compatible device to experience a hassle-free online account opening process.
For offline account opening, you would need to visit any of our branches with KYC documents (PAN and Aadhar), Savings Account form and passport-size photographs. Use our Branch Locator to find your nearest Ujjivan branch.
Factors to Consider Before Opening a Savings Account
Select the Right Savings Account
We offer a wide variety of Savings Accounts. Open an account that’s aligned to your financial goals.
Read the Fine Print
Consider the fees and charges, minimum balance requirement and other such factors before opening an account.
Provide Correct Details
Ensure to provide accurate contact and other details at the time of opening your bank account to enjoy a seamless experience.
Be Video KYC Ready
In case you’re applying for an Online/Digital Savings Account, make sure your mobile number is linked to Aadhaar and that you have a stable Internet connection and a compatible device.
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FAQs
A Savings Account is a type of bank account that helps you park your money in a safe and secure way. The account balance keeps earning interest based on the prevailing rate and amount. Additionally, with a Savings Account, you have 24/7 access to funds via ATMs and Online Banking services. Explore Ujjivan SFB’s different types of Savings Accounts – our products offer higher interest rates and are designed to make your financial life better.
The minimum balance or monthly average balance (MAB) criteria varies based on the account variant.
Each Savings Account offered by Ujjivan SFB serves a specific purpose. Sign up for the account that best fits your financial goals. Kindly explore our products to know more.
As per the RBI (reserve Bank of India) mandate, Savings Account interest rate is determined every day based on your account closing balance. Use our Savings Account calculator to instantly calculate the interest earned on your Savings Account balance.
Ujjivan SFB Savings Accounts come with feature-rich RuPay Debit Cards. Enjoy multiple offers and discounts on your purchases at select merchants, health insurance coverage, complimentary lounge access, and more with your card. Terms & Conditions apply.
You can view our fees and charges section for more details.
If you’re looking for the best Savings Accounts, your search stops here. Ujjivan SFB offers a wide range of high-interest Savings Accounts meticulously designed to meet the ever-evolving financial goals of modern Indian customers. Experience a seamless digital banking journey, exceptional customer support with door step banking services, an innovative Chatbot to answer your doubts in real time, convenient money transfers, and more benefits with us.
For details regarding fund transfer limit pertaining to your account, please click here