Utkarsh Small Finance Bank Savings Account

Last Updated : March 3, 2025, 6:10 p.m.

Utkarsh Small Finance Bank offers banking services such as loans, accounts, deposits, and investments. It is a small finance bank headquartered in Uttar Pradesh. It caters mostly to low-income rural and urban populations in India. Utkarsh small finance bank has 111 micro banking branches, 241 micro-finance outlets, and 53 general banking branches across India. In this article, different types of savings accounts offered by Utkarsh Small finance Bank are discussed.

Utkarsh Small Finance Bank Savings Account Interest Rates 2026

Below are the savings accounts interest rates for Utkarsh Small Finance Bank:

Types of Utkarsh Small Finance Bank Savings Account

Below are the some types of savings accounts available to be opened at Utkarsh Small Finance Bank-

1) Standard Savings Account

This Savings Account provides an array of benefits for customers and significant returns as compared to the other accounts.

2) Minor Savings Account

This is one of the best savings accounts for minors offered by the bank. It prrovides previleges to minors who want to start their banking.

3) Premium Savings Account

This is a premium savings account and has benefits such as -

• convenient banking
• lifestyle rewards
• transactional offers etc.

4) Salary Account

This savings account helps customers to deposit their salary and also provides various investment options for the benefit of account holders.

5) Basic Small Savings Account

This savings account is a basic account for non KYC compliant citizens.

6) Basic Savings Account

This savings account has all the basic benefits that the bank has to offer for the savings products.

Utkarsh Small Finance Bank Savings Account Benefits

• Interest rates ranging from 3.50% to 4.00%.
• Rs 250 as minimum balance for accounts not choosing cheque facility.
• Rs 500 as minimum balance for accounts choosing cheque facility.
• A choice of debit cards to account holders.
• Internet banking and call banking available.
• Mobile banking, IMPS, utility bill payments, mobile recharges, inquiry and statement inquiries, and cheque book requests can be made.
• The Passbook service is free of charge.
• The savings account can be converted to another branch without changing the account number.
• Safe deposit account available
• Nomination service is also available.
• A Multi Option Deposit account is also available to enhance savings for customers.

Documents Required for Utkarsh Small Finance Bank Savings Account

Below are the documents to be submitted to open a savings account at Utkarsh Small Finance Bank, Savings account.

• Proof of identity - PAN card, Aadhar card, passport, driving license
• Proof of residence - Aadhar card , utility bill, passport
• Proof of salary from employer - salary slip, payment proof
• Recent photographs.

What is the Minimum Balance for Utkarsh Small Finance Bank Savings Account?

The minimum balance requirements for different types of savings accounts are stated below.

How to open a Savings Account in Utkarsh Small Finance Bank?

You can either choose to open a savings account online or offline.

The online process is simple.

Go to the official website of the Utkarsh Small Finance Bank and select accounts and deposits. Under the same, if you select the personal tab, you will be able to submit all the information and get a call back from the bank. Once you get a callback, you can talk to the bank representatives and create a savings account.

You can also visit the nearest branch and open a savings account with Utkarsh Small Finance Bank. Remember to carry all the necessary documents.