Privilege Savings Account
Ujjivan SFB Privilege Savings Account comes with a host of benefits and privileges that gives you more value for money. Enjoy higher interest rates up to 7.50%* p.a., flexible eligibility criteria, unlimited ATM transactions, and more. Additionally, get a personalised RuPay Platinum Debit Card absolutely free.
Features & Benefits of Privilege Savings Account
*The features and benefits on RuPay Platinum Debit Card are provided by RuPay (NPCI) and can be discontinued at any time without any prior notice to the customer at the sole discretion of the Bank/Rupay. Airport lounge access facility is provided at selected locations under the RuPay (NPCI) scheme. Please refer to www.rupay.co.in for more details.
How to Open a Ujjivan SFB Privilege Savings Account Online
You just have to follow a few simple steps to open the Privilege Savings Account online. These steps are detailed below
If you are a new customer
If you are an existing customer
If you are an existing Ujjivan SFB customer, you can open the Privilege Savings Account through any of the following methods -
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.
Ujjivan SFB Privilege 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% |
You can find additional disclosures here.
Eligibility Criteria
To be eligible for Privilege Savings Account, individual needs to meet any one of the below criteria
*(Only one criterion applicable for Privilege Corporate Salary Account)
**(Should be in the name of the first holder)
Channel Access
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Access to your account across all Ujjivan SFB branches
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Speak to our 24*7 phone banking services in your preferred language at
1800 208 2121 -
User friendly – Ujjivan SFB Internet & Mobile Banking platforms
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24*7 access to Ujjivan SFB ATMs and Cash Deposit Machine
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FAQs
1. What is Privilege Savings Account?
It’s a savings account that comes with a host of benefits, including higher interest rates, free personalised RuPay Platinum Debit Card, easy-to-meet eligibility criteria, and more. Enjoy a seamless banking experience with Privilege Savings Account.
2. How is the interest calculated?
The interest is calculated daily on end of day balance. Kindly note that the interest is credited quarterly.
3. What is the minimum monthly average balance requirement for Privilege Savings Account?
Monthly Average Balance >= Rs. 25,000 in Savings Account (or) Cumulative FD >= Rs. 5,00,000 (or) Single RD >= Rs. 10,000 p.m. for minimum tenure of 12 months (Active FD or RD should be in the name of the primary holder)
4. Is there any fee I have to pay if I don’t maintain the minimum balance in my savings account?
You can check fees and charges in detail here.
5. What is RuPay Platinum Debit Card?
The RuPay Platinum Debit Card is a premium debit card designed to provide a range of benefits and features making it an attractive option for those seeking enhanced financial services and perks. Some of the benefits include insurance coverage, lounge access, higher transaction limits, among others. Ujjivan SFB Privilege Savings Account customers qualify for a free RuPay Platinum Debit Card.
Supercharge your savings! Earn up to 7.50% p.a. interest with our Digital Savings Account!
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