When Meera launched her boutique design studio with just ₹50,000 in initial capital, she needed a current account that would not eat into her funds with maintenance charges.

She opted for the AU Zero2One Program, which waived the average monthly balance (AMB) requirement for three years and provided her with an overdraft facility of up to ₹2,00,000, precisely what she needed to manage early expenses.

AU Small Finance Bank, a trusted name in India’s financial landscape, is known for its innovative, customer-first approach and a wide range of tailored banking solutions.

Types of AU Bank Current Accounts

AU Bank offers a variety of current accounts tailored to different business needs. Some of the key current accounts include:

AU Zero2One Program (Startup Current Account): A specialised account for startups, offering an AMB waiver for three years, an FD-backed corporate credit card, overdraft facilities, and integrated cash management solutions.
AU Platinum Business Current Account: Designed for high-volume businesses, this account provides high cash deposit limits, exclusive AU QR/POS offers, a dedicated relationship officer, and complimentary domestic airport lounge access.
AU Royale Business Program - Agri: Ideal for agricultural businesses, it features a high cash deposit limit (up to 25 times AMB), free AU QR solutions, preferential loan rates, overdraft facilities, and premium banking services.
AU Royale Business Program - Doctors: A premium banking solution for medical professionals, offering preferential loan pricing, a high-limit business debit card, transaction reward points, extended banking hours, and a dedicated relationship manager.
AU Swadesh Current Account: A transaction-based account with balance flexibility, cashback on debit card spends, 10 free cheque pick-ups per month, extended banking hours, and doorstep banking services.

Key Features of AU Bank's Current Accounts:

Each current account variant offers distinct features that cater to specific business needs.

1. AU Zero2One Startup Current Account

AMB (Average Monthly Balance) waiver for the first three years.
Overdraft facility with a 1% spread for financial flexibility.
FD-backed corporate credit card for better credit access.
Free chequebook issuance and doorstep banking services.
Visa Signature Business Debit Card with high transaction limits.
Access to a dedicated relationship manager for personalised banking support.
Payment gateway solutions with no setup and AMC fees.

Scenario: How AU Zero2One Startup Current Account Benefits Entrepreneurs

Rahul, the founder of TechNova Solutions, a startup specialising in AI-powered chatbots, needs a cost-effective banking solution. He chooses the AU Zero2One Startup Current Account, which helps him manage finances efficiently.

Read More – AU Bank Net Banking

1. AMB Waiver for Three Years

Many banks require a minimum AMB of ₹1,00,000, charging ₹1,000 per month if not maintained.
Since TechNova Solutions is new, Rahul maintains only ₹50,000 on average.
Thanks to AU Bank’s AMB waiver for three years, he saves ₹12,000 per year (₹1,000 × 12 months); a total of ₹36,000 over three years.

2. Overdraft Facility at 1% Spread

Rahul receives a bulk order worth ₹10,00,000 but needs ₹5,00,000 upfront for materials.
He uses the AU overdraft facility at a 1% spread over the base rate, keeping his costs low.
If the base rate is 7%, he pays only 8% interest instead of 12%-15% on a business loan.
For a 45-day overdraft, his interest cost is ₹4,931 (₹5,00,000 × 8% × 45/365), saving at least ₹5,000 compared to a traditional loan.

3. FD-Backed Corporate Credit Card

Rahul needs ₹1,50,000 for software subscriptions.
With no credit history, AU Bank issues a ₹3,00,000 corporate credit card backed by a ₹3,30,000 FD.
He enjoys 45 days of interest-free credit, which improves his cash flow.

4. Free Cheque Book Issuance & Doorstep Banking

Rahul issues 100 cheques per year to vendors.
Many banks charge ₹2 per cheque after a certain limit, but AU Bank offers them free, saving him ₹2,000 per year.
He deposits ₹8,00,000 in cash monthly, and AU Bank’s doorstep cash pickup saves him at least ₹1,500 per trip (₹18,000 per year) in logistics costs.

5. Visa Signature Business Debit Card with Low Forex Fees

Rahul pays an international vendor ₹4,00,000 (~ $4,800).
AU Bank’s 1.5% forex markup means he pays ₹6,000 in charges.
Many other banks charge 3.5%, which would have cost him ₹14,000, so he saves ₹8,000 per transaction.

6. No Setup & AMC Fees on Payment Gateway

Rahul integrates AU Bank’s payment gateway for online transactions.
Many banks charge ₹10,000 for setup and ₹5,000 AMC per year.
AU Bank waives these fees, saving him ₹15,000 in the first year and ₹20,000 over three years.

Note:

By using the AU Zero2One Startup Current Account, Rahul saves over ₹1,50,000 in three years while gaining access to credit, overdraft facilities, and seamless business banking, helping his startup scale efficiently without financial stress.

2. AU Platinum Business Current Account

AMB requirement: ₹1,00,000 (waived if ₹25,000 is collected via AU QR/POS transactions per month).
High cash deposit limit: Minimum ₹40,00,000 or 20 times the previous month’s AMB.
Complimentary domestic airport lounge access (4 per year).
250 free cheque leaves per month for seamless business transactions.
Dedicated relationship officer for personalised banking services.
Exclusive Visa Platinum Business Debit Card with enhanced limits and rewards.

Scenario: How AU Platinum Business Current Account Benefits Business Owners

Amit runs Elite Electronics, a wholesale electronics business with monthly transactions exceeding ₹50,00,000. He chooses the AU Platinum Business Current Account to efficiently manage high cash deposits, payments, and business expenses.

1. AMB Requirement Waiver via AU QR/POS Transactions

Most banks require a ₹1,00,000 AMB, charging ₹1,000 per month if not maintained. However, AU Bank waives this requirement if at least ₹25,000 per month is collected via AU QR/POS transactions. Since Amit’s daily retail sales total ₹2,00,000, he comfortably collects over ₹50,000 per month via AU POS, ensuring he qualifies for the waiver. This means he avoids a monthly charge of ₹1,000, which totals:₹1,000×12=₹12,000 saved annually.

2. High Cash Deposit Limit

Amit frequently deposits large sums of cash, averaging ₹45,00,000 per month. AU Bank allows free deposits up to 20 times the previous month’s AMB, so if Amit maintains an AMB of ₹2,00,000, his free deposit limit is:₹2,00,000×20=₹40,00,000.

For the extra ₹5,00,000 deposited, AU Bank charges ₹4 per ₹1,000, leading to a monthly cost of: 5,00,000÷1,000×₹4=₹2,000.

In comparison, other banks charge ₹5 per ₹1,000, which would cost: ₹5,00,000÷1,000×₹5=₹2,500.

This results in a monthly savings of ₹500, which accumulates to ₹6,000 per year.

3. Complimentary Domestic Airport Lounge Access

Amit travels twice a month for supplier meetings and typically spends ₹800 per visit on airport lounge access. With AU Bank offering 4 free lounge visits per year, Amit’s savings from this perk amount to:₹800×4=₹3,200 annually.

4. 250 Free Cheque Leaves Per Month

As a wholesaler, Amit issues 200+ cheques every month to pay vendors. Other banks charge ₹2 per cheque after the first 100 free cheques, leading to a monthly cost of:(200−100)×₹2=₹200.

Over a year, this extra cost adds up to: ₹200×12=₹2,400.

Since AU Bank provides 250 free cheque leaves per month, Amit saves this entire ₹2,400 annually.

5. Dedicated Relationship Officer

Amit applies for a ₹10,00,000 business loan to expand inventory. Most banks charge 1.5% of the loan amount as a processing fee, which would have cost him: ₹10,00,000×1.5%=₹15,000.

With AU Bank, Amit’s dedicated relationship officer helps secure a processing fee waiver, allowing him to save this full ₹15,000.

6. Visa Platinum Business Debit Card with Enhanced Limits

Amit regularly pays international suppliers and recently made a ₹3,00,000 payment for new stock imports. With AU Bank’s Visa

Platinum Business Debit Card, he benefits from a lower forex markup fee of 1.5%, leading to a forex charge of: ₹3,00,000×1.5%=₹4,500.

If he had used another bank with a 3.5% markup, the fee would have been: ₹3,00,000×3.5%=₹10,500.

This means Amit saves ₹6,000 per transaction. Assuming he makes three such transactions per year, his total forex savings are: ₹6,000×3=₹18,000.

Note:

By using the AU Platinum Business Current Account, Amit saves over ₹56,000 per year while enjoying seamless banking services, waived fees, premium travel perks, and higher transaction limits. These benefits allow him to reduce operational costs, improve

cash flow management, and focus on expanding his business.

3. AU Royale Business Program - Agri

AMB requirement: ₹1,00,000 (across grouped current and savings accounts).
High cash deposit limit: Minimum ₹40,00,000 or 25 times the previous month’s AMB (up to ₹2 crores).
Complimentary domestic airport lounge access (8 per year).
Overdraft facility for financial flexibility.
Free cheque book issuance for seamless transactions.
Special processing fees on loans for agricultural businesses.
Dedicated relationship manager for business and family accounts.

Scenario: How AU Royale Business Program - Agri Benefits Agribusiness Owners

Ravi, a large-scale agricultural trader, manages multiple farms and a grain distribution business. His operations require frequent cash deposits, access to credit, and smooth financial transactions. He opens an AU Royale Business Program - Agri account, which offers features tailored to agribusiness needs.

1. AMB Requirement Across Grouped Accounts

Most banks require maintaining a ₹1,00,000 AMB per individual account, which can create cash flow strain. However, AU Bank allows the grouping of current and savings accounts to meet the ₹1,00,000 AMB requirement. This flexibility helps Ravi optimise liquidity across multiple accounts and avoid non-maintenance penalties of ₹1,000 per month. Over a year, this results in a total savings of ₹12,000 (₹1,000 × 12 months).

2. High Cash Deposit Limit

Ravi sells crops to wholesalers, receiving ₹1.2 crore in cash monthly. Many banks offer a lower free deposit limit of only 10-15 times the AMB, forcing businesses to pay additional charges. AU Bank, however, allows deposits up to 25 times the AMB. Since Ravi maintains an AMB of ₹4,00,000, his free deposit limit is ₹1 crore (₹4,00,000 × 25).

For the ₹20,00,000 that exceeds the free limit, AU Bank charges ₹4 per ₹1,000, leading to a monthly deposit fee of ₹8,000 (₹20,00,000 ÷ 1,000 × ₹4). Other banks charge ₹5 per ₹1,000, which would have cost him ₹10,000 (₹20,00,000 ÷ 1,000 × ₹5). This means Ravi saves ₹2,000 per month, or ₹24,000 annually, in cash deposit fees.

3. Complimentary Domestic Airport Lounge Access

Since Ravi frequently travels for supplier meetings and agricultural expos, he often pays ₹1,000 per visit for airport lounge access. With AU Bank offering 8 free lounge visits per year, he saves ₹8,000 annually (₹1,000 × 8 visits).

4. Overdraft Facility for Financial Flexibility

During harvest season, Ravi needs ₹15,00,000 to buy seeds and fertilizers but expects payments from buyers in 45 days. Instead of taking a high-interest business loan, he uses AU Bank’s overdraft facility at an 8% interest rate (1% spread over the base rate of 7%). The interest cost for 45 days is ₹14,794 (₹15,00,000 × 8% × 45/365).

If Ravi had taken a business loan at 12% interest, the cost would have been ₹22,191 (₹15,00,000 × 12% × 45/365). By choosing AU Bank’s overdraft, he saves ₹7,397 in interest costs.

5. Free Cheque Book Issuance

Ravi issues 150 cheques per month to pay suppliers. Many banks provide only 100 free cheques and charge ₹2 per cheque beyond that limit, meaning he would pay ₹100 per month (50 cheques × ₹2). Over a year, that adds up to ₹1,200 (₹100 × 12 months). With AU Bank offering unlimited free chequeleaves, he avoids this cost entirely.

6. Special Processing Fees on Loans

To expand operations, Ravi applies for a ₹50,00,000 loan. Other banks charge a processing fee of 1.5%, which would cost him ₹75,000 (₹50,00,000 × 1.5%). AU Bank offers preferential processing fees, reducing the fee to ₹50,000, saving him ₹25,000 on the loan.

Note:

By using the AU Royale Business Program - Agri, Ravi saves over ₹77,000 per year, benefiting from high free deposit limits, reduced loan processing fees, free cheque issuance, overdraft flexibility, and premium banking services. These savings and features help him manage cash flow efficiently and grow his agribusiness without financial strain.

4. AU Royale Business Program - Doctors

AMB requirement: ₹1,00,000 (across grouped current and savings accounts).
High cash deposit limit: Minimum ₹20,00,000 or 25 times the previous month’s AMB (up to ₹1 crore).
Complimentary domestic airport lounge access (8 per year).
Preferential loan rates and special pricing on banking services.
Exclusive Visa Signature Business Debit Card with high spending and withdrawal limits.
Rewards program: Earn points on transactions and business spending.
Dedicated relationship manager for business and family financial planning.

Scenario: How AU Royale Business Program - Doctors Benefit Medical Professionals

Dr Mehta, a renowned cardiologist, runs a multi-speciality clinic and frequently handles high-value transactions, cash deposits, and equipment financing. To streamline his financial operations, he opened an AU Royale Business Program - Doctors account, which provides premium banking services tailored for medical professionals.

1. AMB Requirement Across Grouped Accounts

Most banks require maintaining ₹1,00,000 AMB per individual account, increasing the financial burden. AU Bank, however, allows the grouping of current and savings accounts to meet the ₹1,00,000 AMB requirement, enabling Dr Mehta to optimise liquidity and avoid non-maintenance charges of ₹1,000 per month. Over a year, this saves him ₹12,000 (₹1,000 × 12 months).

2. High Cash Deposit Limit

Dr. Mehta’s clinic receives ₹25,00,000 in cash every month from patient fees and insurance reimbursements. AU Bank allows free deposits up to 25 times the AMB, so if he maintains an AMB of ₹2,00,000, his free cash deposit limit is ₹50,00,000 (₹2,00,000 × 25). Since his deposits are below this limit, he pays zero cash deposit fees.

If he were using another bank with a lower limit of 15 times the AMB, his free deposit limit would only be ₹30,00,000, and for the ₹5,00,000 excess deposits, he would pay ₹5 per ₹1,000, leading to a monthly charge of ₹2,500 (₹5,00,000 ÷ 1,000 × ₹5). This means with AU Bank, he saves ₹30,000 annually (₹2,500 × 12 months) in cash deposit fees.

3. Complimentary Domestic Airport Lounge Access

Dr. Mehta frequently travels for medical conferences and workshops, where lounge access at airports typically costs ₹1,000 per visit. With 8 free lounge visits per year, he saves ₹8,000 annually (₹1,000 × 8 visits).

4. Preferential Loan Rates and Special Pricing on Banking Services

To expand his clinic, Dr Mehta takes a ₹50,00,000 loan to purchase new medical equipment. While other banks charge 10% annual interest, AU Bank offers him a preferential rate of 8%, reducing his annual interest cost by ₹1,00,000 (₹50,00,000 × (10% - 8%)). Additionally, AU Bank offers a discounted loan processing fee, allowing him to save ₹25,000 on upfront costs.

5. Exclusive Visa Signature Business Debit Card with High Spending Limits

Dr. Mehta regularly purchases medicines and medical supplies, spending ₹5,00,000 per month on his Visa Signature Business Debit Card. Most banks charge a 2% forex markup on international transactions, while AU Bank offers a lower 1.5% markup. If he spends ₹1,50,000 annually on international purchases, his forex charges are ₹2,250 (₹1,50,000 × 1.5%) instead of ₹3,000 (₹1,50,000 × 2%) at other banks. This helps him save ₹750 per year.

6. Rewards Program: Earn Points on Transactions

Dr. Mehta uses his AU Bank debit card for business expenses, earning 1 reward point per ₹200 spent. With monthly spending of ₹5,00,000, he accumulates 2,500 points per month (₹5,00,000 ÷ 200). Over a year, he earns 30,000 points (2,500 × 12 months), which he redeems for flight tickets, further saving ₹10,000 on travel expenses.

7. Dedicated Relationship Manager for Business and Family Financial Planning

Managing both business and personal finances is time-consuming, so Dr. Mehta benefits from AU Bank’s dedicated relationship manager, who assists with investments, loan approvals, and business expansion strategies. The personalised service helps him save time, avoid unnecessary charges, and optimise tax benefits, indirectly adding value to his financial planning.

Note:

By using the AU Royale Business Program - Doctors, Dr Mehta saves over ₹1,85,000 annually while enjoying premium benefits like higher cash deposit limits, preferential loan rates, free lounge access, exclusive debit card perks, and financial planning assistance. These advantages allow him to focus on growing his clinic while optimising his financial management.

5. AU Swadesh Current Account

No AMB non-maintenance charges; operates on transaction-based criteria.
Transaction-based account: Maintain a minimum of 5 transactions and a total value of ₹25,000 per month OR an AMB of ₹10,000.
High cash deposit limit: 15x the previous month’s AMB (up to ₹2 crores).
Monthly cashback: 2% cashback up to ₹100 on non-fuel Debit Card spending above ₹2,500.
150 free cheque leaves per month for business payments.
Extended banking hours and doorstep banking services.

Scenario: How AU SSwadesh'sCurrent Account Benefits Small Business Owners

Rajesh owns a small grocery store and handles daily transactions, cash deposits, and supplier payments. He chooses the AU Swadesh Current Account to efficiently manage his finances with zero AMB maintenance charges, cashback rewards, and high free deposit limits.

1. No AMB Non-Maintenance Charges

Most banks require maintaining a minimum balance of ₹10,000 to ₹25,000, charging a ₹500 monthly penalty if not maintained. AU Bank, however, allows Rajesh to skip the AMB requirement by simply making at least 5 transactions totalling ₹25,000 per month. Since he pays suppliers and deposits customer cash daily, he easily meets this condition, saving ₹6,000 per year (₹500 × 12 months) in non-maintenance charges.

2. High Cash Deposit Limit

Rajesh’s store earns ₹6,00,000 in cash every month. AU Bank offers free cash deposits up to 15 times the previous month’s AMB, so if he maintains an AMB of ₹20,000, his free deposit limit is ₹3,00,000 (₹20,000 × 15).

For the ₹3,00,000 excess deposit, AU Bank charges ₹4 per ₹1,000, leading to a monthly cost of ₹1,200 (₹3,00,000 ÷ 1,000 × ₹4). At other banks charging ₹5 per ₹1,000, he would pay ₹1,500 (₹3,00,000 ÷ 1,000 × ₹5). This means Rajesh saves ₹300 per month, or ₹3,600 annually, in cash deposit fees.

3. Monthly Cashback on Debit Card Spends

Rajesh frequently buys store supplies using his debit card. AU Bank offers 2% cashback up to ₹100 per month on non-fuel spends above ₹2,500. Since he spends ₹5,000 monthly on inventory purchases, he earns the full ₹100 cashback every month, which totals ₹1,200 per year (₹100 × 12 months).

4. 150 Free Cheque Leaves Per Month

Rajesh issues 120 cheques monthly to suppliers. Many banks provide only 50 free cheques and charge ₹2 per additional cheque, meaning he would pay ₹140 per month (70 cheques × ₹2). Over a year, this adds up to ₹1,680 (₹140 × 12 months). Since AU Bank offers 150 free cheque leaves per month, Rajesh avoids this cost entirely.

5. Extended Banking Hours & Doorstep Banking

Running a grocery store keeps Rajesh busy, and visiting the bank during standard hours is inconvenient. AU Bank’s extended banking hours and doorstep banking services allow him to schedule cash pickups and deposits, saving him at least ₹500 per month in travel costs. Over a year, this convenience saves ₹6,000 (₹500 × 12 months).

Note:

By using the AU Swadesh Current Account, Rajesh saves over ₹18,000 annually, and benefits from zero balance requirements, high free deposit limits, cashback rewards, free cheque issuance, and doorstep banking. This account helps him manage his grocery store’s finances efficiently while minimising banking costs.

Benefits of AU Bank Current Accounts

AU Bank's current accounts offer a range of benefits designed to help businesses reduce costs, enhance cash flow, and streamline financial transactions. From high deposit limits to preferential merchant services, these features support businesses of all sizes.

No AMB for Startups: The Zero2One program provides an AMB waiver for three years, helping startups reduce banking costs.
High Cash Deposit Limits: Businesses can deposit up to 25 times the previous month’s AMB, ensuring seamless cash flow management.
Exclusive Debit Card Benefits: Business debit cards offer high withdrawal limits, cashback offers, and complimentary airport lounge access.
Overdraft Facilities: Businesses can access overdrafts at competitive interest rates to manage working capital needs effectively.
Special Merchant Services: Preferential pricing on AU QR and POS transactions helps businesses reduce transaction costs.
Comprehensive Digital Banking: AU Bank’s advanced mobile and net banking platforms allow businesses to manage their finances efficiently.
Premium Relationship Management: Select accounts include dedicated relationship managers who offer personalised financial guidance and support.

Scenario: How AU Bank's Current Account Benefits Businesses

Anita runs a chain of retail stores and processes ₹30,00,000 in transactions monthly. She chooses AU Bank’s Platinum Business Current Account for its high cash deposit limits, overdraft facilities, and premium digital banking services.

Since AU Bank allows deposits up to 25 times the AMB, Anita, maintaining an AMB of ₹2,00,000, can deposit ₹50,00,000 for free. Other banks cap free deposits at ₹30,00,000, meaning she would have paid ₹10,000 per month (₹20,00,000 × ₹5 per ₹1,000) elsewhere. This saves her ₹1,20,000 annually.

She also uses the AU QR and POS system to collect ₹5,00,000 monthly. With AU Bank’s 0.1% lower merchant fees, she saves ₹500 per month (₹5,00,000 × 0.1%), totalling ₹6,000 per year.

To restock inventory, she takes a ₹10,00,000 overdraft at AU Bank’s 8% interest rate instead of another bank’s 10%. Over 60 days, this saves her ₹3,287 (₹10,00,000 × 2% × 60/365) in interest costs.

With her business debit card, she earns ₹8,000 annually in cashback and saves ₹4,000 on airport lounge access. Additionally, her dedicated relationship manager helps secure a lower loan processing fee, saving ₹15,000 on a ₹50,00,000 loan.

AU Bank Current Account Charges & Fees

Charge Type	AU Zero2One (Startup)	AU Platinum Business	AU Royale Agri	AU Royale Doctors	AU Swadesh
Minimum AMB	Waived (3 years)	₹1,00,000	₹1,00,000	₹1,00,000	₹10,000
Cash Deposit Limit	15x AMB	20x AMB	25x AMB	25x AMB	15x AMB
Cash Withdrawal	Free	Free	Free	Free	Free
ATM Transactions	Free (AU Bank ATMs)	Free (AU Bank ATMs)	Free (AU Bank ATMs)	Free (AU Bank ATMs)	10 free transactions
NEFT/RTGS/IMPS	Free	Free	Free	Free	NEFT/RTGS at branch chargeable
Cheque Book Issuance	Free (Unlimited)	250 free/month	Free	Free	150 free/month
Overdraft Facility	Available	Available	Available	Available	Not Available

AU Bank Current Account Eligibility & Required Documents

Eligibility

Sole proprietors, partnership firms, LLPs, private and public limited companies, cooperative societies, and professionals.
Startups certified by DPIIT (not mandatory for all accounts).

Required Documents

Duly filled account opening form.
PAN card of entity/proprietor.
KYC documents (entity proof, address proof, authorized signatories’ documents).
Initial funding cheque (varies based on account type).
Additional documents for sector-specific accounts (e.g., Agri license for AU Royale Agri, doctor registration for AU Royale Doctors).

How to Open an AU Bank Current Account?

Online Application: Visit AU Bank’s official website, go to the current accounts section, find the one that matches your professional requirement, click on ‘Open account’ and fill in the application form.
Branch Visit: Visit the nearest AU Bank branch using the branch locator with the required documents.
Customer Care Assistance: Call AU Bank’s toll-free number for guidance.

Also Read - AU Bank FASTag

AU Bank Current Account vs Competitor Banks

Feature	AU Bank	ICICI Bank	HDFC Bank
Minimum AMB	₹10,000 - 1,00,000	₹25,000 - 1,00,000	₹10,000 - 1,00,000
Scenario: How Minimum AMB Affects Business Owners Vikram, a small business owner, maintains ₹15,000 in his current account. Since AU Bank’s minimum AMB starts at ₹10,000, he avoids any penalty. However, if he had an ICICI Bank account requiring ₹25,000, he would face a non-maintenance fee of ₹1,000 per month, costing him ₹12,000 annually (₹1,000 × 12 months).
Overdraft Facility	Yes	Yes	Yes
Free Cash Deposit Limit	Up to 25x AMB	12x AMB	10x AMB
Scenario: How Free Cash Deposit Limits Impact Business Owners Arun, who runs a wholesale business, maintains an AMB of ₹50,000. With AU Bank’s 25x AMB limit, he can deposit ₹12,50,000 for free (₹50,000 × 25), while at HDFC Bank (10x AMB), his free limit would be only ₹5,00,000, forcing him to pay ₹7,500 per month (₹7,50,000 × ₹5 per ₹1,000) in extra deposit fees.
Digital Banking	Yes	Yes	Yes
Dedicated Relationship Manager	Yes	Yes (for premium accounts)	Yes (for premium accounts)
Free Cheque Leaves	Up to 250/month	Up to 200/month	Up to 150/month
Scenario: How Free Cheque Leaves Impact Business Owners Ravi, a contractor, issues 220 cheques per month for supplier payments. With AU Bank’s 250 free cheques, he pays nothing, but at HDFC Bank (150 free cheques), he pays ₹140 per month (70 extra cheques × ₹2 per cheque), totalling ₹1,680 annually.
Business Debit Card Benefits	Premium perks, lounge access	Standard	Standard
Merchant Services	Special pricing on AU QR and POS	Limited	Limited

Conclusion

AU Bank offers a range of current accounts tailored to meet the needs of different businesses and professionals. Whether you are a startup, SME, agricultural business, or medical professional, AU Bank provides comprehensive banking solutions with high flexibility, premium services, and competitive fee structures. Choosing the right AU Bank current account can help businesses manage their financial operations efficiently while enjoying numerous benefits.

AU Bank Current Accounts (FAQs)

1. What is the minimum balance requirement for AU Bank's current accounts?

The minimum balance requirement varies from ₹10,000 to ₹1,00,000, depending on the account type.

2. Can I open an AU Bank current account online?

Yes, you can apply online through AU Bank’s official website.

3. What is the overdraft facility available on AU Bank's current accounts?

Eligible account holders can avail of an overdraft facility with competitive interest rates.

4. Are there any special offers for startups?

Yes, the AU Zero2One program offers an AMB waiver for three years, along with special banking benefits for startups.

5. What documents are required to open an AU Bank current account?

PAN card, KYC documents, entity proof, authorized signatories' documents, and initial funding cheque.

6. Does AU Bank offer free NEFT/RTGS transactions?

Yes, most digital transactions are free, while branch transactions may have nominal charges.

7. How does AU Bank compare with other banks for business accounts?

AU Bank provides competitive features like high cash deposit limits, preferential merchant services, and premium banking benefits, making it a strong choice for businesses.