Classic Savings Account
Introducing Ujjivan SFB Classic Savings - a savings account tailored to give you the classic edge in your everyday life. It’s the savings account you need, with higher savings and convenient banking benefits. Enjoy enhanced ATM withdrawal limit, higher interest rates, the convenience of mobile banking, and more with our Classic Savings Account.
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Ujjivan SFB Classic Savings Account Interest Rates
Below mentioned are the Interest Rates with Effect from 13th Sep 2024
Account balance | Rate of Interest (p.a.) |
---|---|
Up to ₹1 lakh | 3.50% |
> ₹1 lakh to ₹5 lakhs | 5.00% |
> ₹5 lakhs to ₹25 lakhs | 7.25% |
> ₹25 lakhs | 7.50% |
Principal amount
Quarterly interest amount
*Interest is calculated on a quarterly basis.
*The above interest calculation shown is indicative, the actual interest paid out may vary.
*Interest Rates up to ₹ 1 lakh - 3.50% p.a. | Above ₹ 1 lakh to ₹ 5 lakhs - 5.00% p.a. | Above ₹ 5 lakhs to ₹ 25 lakhs - 7.25% p.a. | Above ₹ 25 lakhs - 7.50% p.a.
Eligibility Criteria
Channel Access
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FAQs
1. What is Classic Savings Account?
Loaded with convenience and exclusive benefits, Ujjivan SFB’s Classic Savings Account lets you save better for your future. The account comes with higher interest rates, a feature-rich RuPay Debit Card, Mobile and Internet Banking facilities, enhanced cash withdrawal limit, and more.
2. Which cards are available with Classic Savings Account?
The two debit cards available are – RuPay Classic Debit Card and RuPay Platinum Debit Card.
3. What is the daily ATM withdrawal limit?
You can get a daily ATM Withdrawal Limit of ₹50,000 with RuPay Platinum Debit Card and ₹25,000 with RuPay Classic Debit Card.
4. How is the Classic Savings Account interest calculated and paid out?
The interest is calculated daily (at the end-of-the-day) balances and credited to your account at the end of every quarter.
5. What are the fees for non-maintenance of the minimum average monthly balance?
The fees for non-maintenance of the minimum average monthly balance are as follows
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