Product Details
Bank Name
Ujjivan Small Finance Bank
Account Name
Ujjivan Garima Saving Account
Account Type
Saving
Interest Rate
Upto 1 Lakh - 3.5% Above 1 Lakh And Upto 5 Lakh 5% Above 5 Lakh And Upto 25 Lakh 7.25%
Free Debit Card
Yes -RuPay Classic Debit Card
Account Opening Fees
0
Debit Card Charges
0
Annual Maintenance Fees
0
NEFT Charges
Free
Minimum Account Balance
INR 5,000
IMPS Charges
Inward – Nil
Outward–Up to Rs.100,000- Rs.5/-
Rs.1 lac to 2 lac – Rs.15/-
Free if done online.
Fees and Charges of
Ujjivan Garima Saving Account
Ujjivan Garima Saving Account
Special Features
Tailored to serve and empower women and help plan them their finance.
Eligibility Criteria
Indian resident.
Minimum age should be 18.
Account only for women.
Minimum account balance for the account is INR 5,000.
Benefits
Features, Eligibility and Benefits of
Ujjivan Garima Saving Account
Pros & Cons of
Pros
Free RuPay Classic Debit Card specially designed for women
Free NEFT and RTGS transactions through online mode.
High interest rate.
Cons
Limited number of value add features.
Ujjivan has limited branch and ATM network.
Ujjivan Garima Saving Account
Ujjivan Garima Saving Account Review
The account comes with decent interest rate and offers average value add features.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Review of
Ujjivan Garima Saving Account
Account Opening and Procedure of
How to open an Account?
Online:
Visit the Ujjivan SFB Garima Savings Account page and select "Open Online."
Go to Ujjivan SFB Garima Savings Account page
Select "New Customer" and complete your KYC.
Verify your mobile number.
Pay the amount to open the Garima Savings Account online.