U-INSTANT

Now earn competitive interest rates on Savings Account without having to visit the Bank. Open U-INSTANT account at your convenience.

Benefits
Eligibility
FAQs
Fees and Charges

Earn competitive interest rates on Savings Account
Fast AADHAAR based account opening
No physical documentation required
Select branch of your choice

Anyone above the age of 18 years residing in India
PAN and AADHAAR are mandatory

What is the interest rate paid on the Savings Account Deposit?

Interest Rates on Domestic Savings Account Deposits with effect from October 01, 2020 as follows:

Balance in	Rate of Interest w.e.f October 1, 2021
Balance in	Rate of Interest w.e.f October 1, 2021
Balance upto 1 lakh	3.75% p.a.
Incremental balance above 1 lakh to 25 lakhs	6.00% p.a.
Incremental balance above 25 lakhs upto 10 crores	7.00% p.a.
Incremental balance above 10 crores	6.75% p.a.

* Conditions Apply

What is the minimum Balance required for U-INSTANT Account?

All benefits in U-INSTANT comes at NIL minimum balance requirement.

Is there any Transaction limitation in U-INSTANT?

U-INSTANT account opened with UIDAI based OTP, is a limited KYC account & will not be allowed to be operational for more than one year. To keep the account active, it is required that the customer completes the full KYC process within a year from date of account opening. The aggregate balance of all the deposit accounts of such limited KYC account customer shall not exceed 1.00 lakh. The aggregate of all credits in a financial year, in all the deposit accounts taken together, shall not exceed 2.00 lakh, unless the full KYC process is completed.

Refer to the Schedule of Charges. Click Here

Benefits
1. Earn competitive interest rates on Savings Account
2. Fast AADHAAR based account opening
3. No physical documentation required
4. Select branch of your choice
Eligibility
1. Anyone above the age of 18 years residing in India
2. PAN and AADHAAR are mandatory

FAQs

Fees and Charges
1. Refer to the Schedule of Charges. Click Here