Garima Savings Account

Garima Savings Account

Introducing Garima Savings Account - a savings account tailored to serve and empower women and help plan your finances better and choose a lifestyle that you desire. The account comes loaded with benefits including higher interest rates, low minimum balance requirement, free debit card, and more.

Key Features and Benefits

  • Higher interest rates up to 7.50%* p.a.
  • Lifetime free RuPay Classic Debit Card
  • Flexible eligibility criteria and balance maintenance options
  • Free Cash Deposit up to ₹5 lakh per month or 8 transactions, whichever is earlier at any Ujjivan SFB branch
  • Exclusive merchant offers
  • 1 cheque book of 10 leaves FREE per quarter (on request)
  • Up to 5 Demand Drafts free per calendar month subject to a maximum cumulative DD amount of ₹2 lakh
  • Free SMS alert facility to your registered mobile number
  • Free NEFT and RTGS transactions through online mode
  • Every branch is your home branch – no extra charges levied at any Ujjivan SFB branches
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How to Open a Ujjivan SFB Garima Savings Account Online

You just have to follow a few simple steps to open the Garima Savings Account online. These steps are detailed below -

 

If you are a new customer -

  • Visit the Ujjivan SFB Garima Savings Account page and select 'Open Online'
  • Select 'New Customer' and complete your KYC
  • Get Aadhaar OTP and verify it
  • Pay the amount to open the Garima Savings Account online

If you are an existing customer

If you are an existing Ujjivan SFB customer, you can open the Garima Savings Account through any of the following methods -

  • Internet banking
  • Mobile banking application
  • Give a missed call at 799 666 6663
  • Visit the nearest bank branch
  • Visit the online account opening page and complete your KYC

For assistance you can call our 24/7 customer support or visit your nearest branch.

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 - 3.50% 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.

Total Savings post 
Interest Earnings with Ujjivan SFB

 

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

Ujjivan SFB Garima Savings Account Interest Rates

Below mentioned are the Interest Rates with Effect from 13th Sep 2024


 

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


 

You can find additional disclosures here.

Eligibility Criteria

To be eligible for Garima Savings Account, individual needs to meet any one of the below criteria.

  • Monthly Average Balance in the Savings Account - ₹ 5,000/-
  • Cumulative FD - ₹2 lakh and above for minimum tenure of 12 months*
  • Single RD >= ₹5,000 per month for minimum tenure of 12 months*
  • Minor account linked to the primary with a Standing Instruction of ₹2,000/- per month.

*Should be in the name of the first holder

Channel Access

  • 5 free transactions

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

  • Net Banking

    Free Personal Net Banking facility

  • Mobile Banking

    Free Mobile Banking app in 9 different languages of your choice

  • Speak directly to our customer care

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

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FAQs

1. What is Garima Savings Account?

Ujjivan SFB’s Garima Savings Account is a savings account specifically designed for women. With low minimum balance requirement, the account comes with a plethora of benefits, including personalised debit card, higher interest rates, enhanced transaction limits, and more.

2. Which debit card is offered with Garima Savings Account?

RuPay Classic Debit Card is offered with the Garima Savings Account.  To know more about the card, you can visit this page.

3. How is the interest paid?

The interest is calculated daily (on the end-of-the-day) balances and credited to your account every quarter.

4. Are there any charges if I transact at a non-home branch?

At Ujjivan SFB, every branch is a home branch. You won’t have to pay any additional charges for non-home branch transactions.

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

Open Online