The digital revolution has profoundly transformed banking in India. From online banking to mobile apps, banks use technology to offer customers improved convenience and personalised services.
AU Small Finance Bank is one bank at the forefront of this digital transformation. With innovative digital banking services, AU SFB has simplified banking and made savings easier for millions of Indians. This article explores digital banking services offered by AU Small Finance Bank.
AU Digital Savings Account
Today’s fast-paced lifestyle demands simplification to save time and increase convenience. The same holds for banking services. AU Small Finance Bank has made banking fast, secure, and effortless with the fully digital AU Digital Savings Account.
The Digital Savings Account offered by AU Small Finance Bank lets one access banking services from anywhere. It offers a power-packed Debit Card, free transactions at other Bank ATMs, free online money transfers, and monthly interest payouts.
How AU SFB Makes Savings Easy
How exactly does AU Small Finance Bank make savings easy? This section explores the top reasons:
- Seamless Digital Account Opening
Opening a savings account can be tedious, requiring extensive paperwork and physical verification.
AU Small Finance Bank has digitised the entire account opening process, enabling customers to open an account quickly through the official website or mobile app. The paperless account opening process only requires one’s Aadhaar number, PAN card, and basic KYC documents uploaded online for verification.
With AU Video Banking, you can experience the convenience of opening a savings account online from the comfort of your home. If one is 18 or older and has the necessary KYC documents, one can seamlessly open a Savings Account through AU’s virtual banking platform.
To ensure a smooth and efficient video call, it is better to be prepared with a device with a camera and speaker (for real-time interaction), a stable internet connection, a blank paper, and a pen.
- Simplified Digital Banking Platform
AU Small Finance Bank’s net banking platform and mobile app offer a clean and intuitive interface for managing finances. Customers can check account balances, view transaction history, transfer funds, pay bills, and more. Importantly, new services are frequently added to enhance the digital banking experience.
- Innovative Savings Tools
AU Small Finance Bank aims to promote savings habits among account holders. Features like automated recurring deposits facilitate regular investments towards achieving one’s financial goals. These tools let users save for specific purposes by automatically routing small sums.
- Secure Transactions
Safety and security are paramount for digital banking. AU Small Finance Bank employs the latest encryption, firewalls, and data protection to safeguard customer information and transactions. Two-factor authentication prevents unauthorised account access, while instant transaction alerts notify customers of account activity. Educating customers on best security practices further mitigates the risk of fraud.
Conclusion
By harnessing technology to simplify banking, AU Small Finance Bank is enabling millions to better manage their finances, grow savings, and access services digitally. The bank continues to explore innovative ways to meet customer needs in an increasingly digital era. As more Indians transition towards digital banking, AU Small Finance Bank aims to drive financial inclusion by providing secure and convenient banking.