AU Small Finance Bank

AU Small Finance Bank FD Features & Benefits

Attractive Interest Rates

Enjoy attractive AU Small Finance Bank FD rates of up to 8.50% per annum.

Start Your FD Journey with an Amount as Low as INR 1,000

Start investing in AU Small Finance Bank FD with an amount as low as INR 1,000.

No Maximum Investment Limit

With no maximum limit, you can invest as much as you can to raise your earnings.

Enjoy Assured Returns

Be assured as your investments stay immune from market risks.

Loan/Overdraft Facility

Meet all your liquidity needs using the loan/overdraft facility at lower interest rates.

Penalty on Premature Withdrawal

You can withdraw funds before maturity in case you face any financial emergency. This is called premature FD withdrawal in the fixed deposit terminology. However, the bank debit a penalty of 1% on interest earned till the time of premature withdrawal.

AU Small Finance Bank vs Other Bank FD Rates

Different Types of AU SFB FD Schemes

Regular Fixed Deposit

• The minimum and maximum investment period is 7 days and 10 years, respectively.

• You can open the account with a minimum of INR 1,000.

• AU Small Finance Bank FD rates range from 3.75%-8.50% per annum.

• Both regular customers and senior citizens can open this FD.

• Senior citizens get an additional 0.50% interest rate on FDs.

5-year Tax Saver Fixed Deposit

• AU Small Finance offers a 5-year tax saver fixed deposit to investors.

• The minimum and maximum investment allowed is INR 1,000 and INR 1.5 lakh, respectively, in a financial year.

• Enjoy tax deductions of up to INR 1.5 lakh in a financial year.

• You can book this FD for five years.

• AU Small Finance bank FD rates for regular customers is 7.25% per annum.

• The FD rate for senior citizens is 7.75% per annum.

Green Fixed Deposit Account

• Contribute to a sustainable environment with this fixed deposit account.

• Your investments will be used for green initiatives such as Solar Projects, Waste Management, Rainwater Harvesting, Electric Vehicles and Recycling Plastic.

• Earn interest rates of up to 8.50% per annum on Green FD.

• The minimum investment required is INR 5,000.

• Choose from Interest Payout Options - Monthly, Quarterly or Cumulatively at Maturity.

• Avail of overdraft facility available to meet your liquidity needs.

Term-wise AU Small Finance Bank Fixed Deposit Rates

Short-term Interest Rates

• The interest rate for deposits with a tenure of 7 days to a year is 3.75%-7.75% per annum.

• Regular customers can earn interest of 3.75%-7.25% per annum.

• Senior citizens can earn 4.00%-7.75% per annum.

Medium-term Interest Rates

• The interest rate for deposits with a tenure of one to five years is 7.25%-8.50% per annum.

• AU Small Finance Bank FD interest rates for regular customers range from 7.25%-8.00% per annum.

• The rate for senior citizens goes up to 7.75%-8.50% per annum.

Long-term Interest Rates

The interest rate for deposits with a tenure of above five years to 10 years is 7.25% per annum for regular customers and 7.75% per annum for senior citizens.

How to Invest in AU Small Finance Bank FD?

Investing in a fixed deposit is simple for both existing and prospective AU Small Finance Bank customers.

Steps for AU Small Finance Bank's CASA (Current & Savings Bank Account) Customers

• Download the AU 0101 App.

• Enter PAN and Aadhaar Details.

• Proceed to e-KYC.

• Confirm your personal and professional details.

• Submit FATCA declaration.

• Select your fixed deposit type and mention investment amount, tenure and bank account details.

• Confirm and proceed for FD payment.

• Confirm your details on the video KYC to complete booking.

Steps for Non-AU Small Finance Bank Customers

• Download the AU 0101 App.

• Choose 'Fixed Deposit'.

• Enter amount, tenure and debit account.

• Select the interest payout frequency.

• Click on 'Next'.

• Set the maturity instructions and select a nominee

• Book your fixed deposit.

AU Small Finance Bank Fixed Deposit Sweep-in

• The sweep-in facility helps link multiple fixed deposits with Current or Savings Account (CASA).

• With this, deposits beyond a certain threshold are converted into a fixed deposit account.

• As the CASA balance falls below the minimum threshold, you get the deficit amount from a linked fixed deposit.

• You don't need to break the entire FD.

• Enjoy higher interest rates and experience no hassles in EMI/cheque payments.

Eligibility to Open an AU Small Finance Bank FD Account

Anyone from the following is eligible to open an AU Small Finance Bank fixed deposit account.

• Resident & non-resident Indians

• Sole proprietors

• Partnership firms

• Companies

• Trusts

• Hindu Undivided Families (HUFs)

Overdraft Against AU Small Finance FD Account

Enjoy overdraft facility against AU Small Finance fixed deposit account. You can receive funds of up to 85% of the fixed deposit value. The interest rate remains 2% above the FD interest rate. You will need to pay the interest only on the utilised overdraft amount. What's more, you can pay in full or in EMIs.