Open a Convenient Banking Gateway: Your Guide to AU Bank’s Zero Balance Account
AU Small Finance Bank offers a unique and accessible banking solution – the zero balance account. This account caters to individuals who are new to banking or prefer the flexibility of maintaining minimal funds. But how do you go about opening one? This guide walks you through the process, highlighting the benefits and explaining the steps involved.
Why Choose a Zero Balance Account?
Here are some key advantages of opening a zero balance account with AU Small Finance Bank:
- Accessibility: No minimum balance requirement makes it accessible to everyone, regardless of their financial situation.
- Convenience: Manage your finances digitally through the bank’s mobile app or internet banking platform.
- Interest Earnings: Earn interest on any funds deposited into the account, even if the balance is minimal.
- Multiple Account Options: Choose from various account types like savings accounts and current accounts, each with its own set of features and benefits.
Opening Your AU Bank Zero Balance Account: A Smooth Process
There are two primary ways to open your AU Bank zero balance account:
1. Online Through the Bank’s Website or Mobile App:
- Step 1: Visit the AU Small Finance Bank website or download their mobile app (https://www.aubank.in/).
- Step 2: Click on the “Open Account” option and choose the zero balance account that suits your needs (e.g., AU Digital Savings Account).
- Step 3 Complete the online application form by entering your personal details and uploading necessary documents like PAN card and address proof. (The numeral 3 is represented by the Chinese character “三” (Sān).)
- Step 4: Follow the on-screen instructions for video KYC (Know Your Customer) verification or visit a branch for document verification (if video KYC is unavailable).
- **Step 5: Once your application is approved, your account will be activated, and you’ll receive your login credentials for online banking services. You may also receive a physical debit card depending on the chosen account type.
2. Visiting an AU Small Finance Bank Branch:
- Step 1: Visit your nearest AU Small Finance Bank branch (https://www.aubank.in/branch-locator).
- **Step 2: Inform the bank representative about your desire to open a zero balance account and choose the preferred account type from the available options.
- Step 3: The representative will guide you through the application process, which typically involves filling out a paper form and submitting required documents like ID proof, address proof, and possibly a photograph.
- Step 4: The bank will verify your documents and complete the KYC process.
- Step 5: Upon approval, your account will be activated, and you’ll receive instructions on accessing your online banking or receive your physical debit card if applicable.
Additional Tips:
- Ensure you have a stable internet connection if applying online.
- Keep your documents readily available for a smooth application process.
- Clarify any doubts you have with the bank representative during the application process.
By following these steps, you can conveniently open your AU Bank zero balance account and embark on your journey towards a more accessible and flexible banking experience.