Standard Savings Account
The savings account comes with such unique features that makes your banking experience delightful. The interest is calculated on a daily basis and credited quarterly. To know more about, call us today!
An average quarterly balance of 5,000 in metro/urban banking outlet & 2,500 is required in semi-urban/rural banking outlet. Certain benefits of our standard savings account, include higher ATM withdrawal and purchase limits. To top it all our debit cards come with Zero Liabilities coverage .
Get
Rewards
1 reward point on every 100 spends on debit card
Get
15% discount
1 reward point on every 100 spends on debit card
Get
Free
Cash withdrawal on Utkarsh Bank ATMs
Higher ATM withdrawal and purchase limits
Host of services offered at a minimum AQB requirement
Free NEFT/RTGS
Interest Rate on Domestic Savings *:
| Balance in | Rate of Interest w.e.f. July 01, 2025 |
|---|---|
| Balance Upto 1 Lakh | 3.25% p.a. |
| Incremental balance above 1 Lakh upto 5 Lakhs | 5.00% p.a. |
| Incremental balance above 5 Lakhs upto 10 Lakhs | 6.00% p.a. |
| Incremental balance above 10 Lakhs upto 10 Crore | 7.25% p.a. |
| Incremental balance above 10 Crore upto 100 Crore | 7.50% p.a. |
| Incremental balance above 100 Crore | 7.00% p.a. |
* T&C Apply
*Important Point: No Additional Interest Rate for Senior Citizen.
Anyone residing in India can apply for an Utkarsh Standard Savings Account.
Apply for your new -age banking now and reap the benefits!
Loan calculator
|
Interest Rate 8.00% |
Interest Earned 3,50,452 |
|
Maturity Value 13,50,452 |
Maturity Date 20 Apr 2023 |
|
(Indicative interest rates for calculation only. click here for latest rates.) |
|
FAQs
Interest calculated on a Savings Account is determined on daily basis at closing balance and is credited quarterly.
The biggest advantage our customers have is that they need to maintain an Average Quarterly Balance [AQB] instead of a monthly balance. Metro/urban customers can enjoy banking services by maintaining an Average Quarterly Balance [AQB] of just 5,000 and semi-urban/rural customers can enjoy the same at 2,500 of Average Quarterly Balance [AQB].
The daily ATM withdrawal limit for our customers is 40,000 and the shopping limit is 1,00,000 [POS].
Any resident of India or a Hindu Undivided Family can apply to open a Standard Savings Account.
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You are never too far away from quick banking, check nearest Bank and ATM
Contact
Incase you wish to speak to our banking experts for resolution
Write to us
Whether it be a simple suggestion or feedback or an inquiry.