Classic Savings Account

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.

Key Features and Benefits

  • Choice of Debit Card - RuPay Classic Debit Card and RuPay Platinum Debit Card
  • Enjoy attractive interest rates up to 7.50%* p.a.
  • Free cash deposit limit of ₹3.5 lakh per month
  • SMS alert sent directly to your registered mobile number
  • Daily shopping limit of ₹1 lakh with RuPay Platinum Debit Card and ₹50,000 with RuPay Classic Debit Card
  • Daily ATM withdrawal limit of ₹50,000 with RuPay Platinum Debit Card and ₹25,000 with RuPay Classic Debit Card
  • Technology-driven mobile banking facility in 9 different languages
  • 1 cheque book of 10 leaves FREE per quarter (on request)
  • 5 free transactions monthly at any other bank’s ATM
  • Free Net Banking and Mobile Banking facilities
  • 24*7 customer support through phone and branch banking
  • Free NEFT transactions through online mode
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For the comprehensive Service Charges and Fees kindly click here

Get exciting RuPay Debit Card offers & discounts, click here

Ujjivan SFB Classic Savings Account Interest Rates

Below mentioned are the Interest Rates with Effect from 21st Feb 2025


 

Account balanceRate of Interest (p.a.)
Up to ₹1 lakh3.25%
> ₹1 lakh to ₹5 lakhs5.00%
> ₹5 lakhs to ₹25 lakhs7.25%
> ₹25 lakhs7.50%

Savings Account Calculator

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 - 3.25% 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.

Total Savings post 
Interest Earnings with Ujjivan SFB

 

Supercharge your wealth journey!
Earn up to 7.50% p.a. with our 
Digital Savings Account!

Eligibility Criteria

  • Status – Resident Individuals
  • Age – 18 years and above
  • Minimum Average Balance - ₹5,000

Channel Access

  • Free Mobile Banking App

    Free Mobile Banking App in 9 different languages of your choice

  • Free Net Banking Facility

    Free Net Banking Facility

  • 5 free transactions per month at any other bank’s ATM

    5 free transactions per month at any other bank’s ATM

  • Speak directly to our customer care

    Speak directly to our customer care executive in your preferred language 24*7 through our Toll Free Number 1800 208 2121

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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

  • ₹150 – MAB below ₹5000 and greater than/equal to ₹2500 or
  • ₹300 – MAB less than ₹2500

Supercharge your savings! Earn up to 7.50% p.a. interest with our Digital Savings Account!

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