Key Takeaways

You can earn a maximum interest rate of 7.25% per annum on balances exceeding ₹50,00,000.
Accounts like the Senior Citizen and Minor variants are a relief because they require no minimum balance.
You get high flexibility with up to 5 free monthly transactions at other bank ATMs and unlimited access to Ujjivan SFB ATMs.

Most people keep their savings in a bank account for safety, but it also helps when the account earns a decent return. Ujjivan Small Finance Bank offers savings accounts that combine easy access to money with competitive interest rates.

Ujjivan SFB savings account is a deposit account held at a retail bank that pays interest and allows for unlimited deposits and limited withdrawals. It serves as a secure place to store your liquid cash while earning a steady return.

For example, if I keep ₹12,00,000 in my Ujjivan SFB Saving account, the first ₹1,00,000 earns 2.75% while the amount over ₹10,00,000 earns 7.00%. This tiered structure ensures that every extra rupee you save works harder for your future.

Latest Ujjvan Bank Savings Account Interest Rates 2025-26

The Ujjvan bank offers a tiered interest structure where the rate increases as your balance reaches higher slabs.

Account Balance Slab	Interest Rate (p.a.)
Up to ₹1,00,000	2.50%
Above ₹1,00,000 to ₹5,00,000	3.00%
Above ₹5,00,000 to ₹10,00,000	6.00%
Above ₹10,00,000 to ₹50,00,000	7.00%
Above ₹50,00,000	7.25%

These rates apply to the Ujjvan SFB savings account interest rate and help you earn significantly more than traditional banks.

Features & Benefits of Ujjvan SFB Savings Account

You can enjoy a variety of modern banking perks that make managing your daily finances an easier experience. The bank combines digital innovation with personalized service for your banking needs.

Feature Category	Key Benefits
Digital Banking	Mobile banking is available in 9 languages Instant Ujjivan zero balance account opening online Paperless Video KYC process
Planning Tools	Access to the Ujjivan savings account interest rate calculator Easy-to-use mobile dashboard Detailed electronic statements
Card Benefits	RuPay Classic and Platinum Debit Cards Higher daily withdrawal and shopping limits Personal accident insurance cover
Transaction Ease	Free NEFT/RTGS via digital channels 1 free cheque book every quarter SMS alerts for all transactions

You will find that these features aim to reduce your trips to the branch while keeping your money accessible. You can use the Ujjivan savings account interest rate calculator to plan your potential earnings better.

Ujjivan Bank Savings Account Fees & Charges

You must be aware of the operational costs to manage your account efficiently and avoid unnecessary deductions.

Charge	Fees Applicable
Non-Maintenance	₹25 to ₹100 based on shortfall percentage
Ujjivan Bank savings account minimum balance	Varies from Nil to ₹1,00,000 depending on the variant
Debit Card Fees	Annual Maintenance Charge starts from ₹125
Replacement Card	₹150 per instance for lost or damaged cards

You can easily avoid most of these charges by keeping the required average balance in your account.

Ujjivan Bank Savings Account Types

You can choose from a wide range of account variants according to different demographics and financial goals. Each account is designed to provide maximum value whether you are a student or a corporate professional.

Account Name	Features
Regular Savings Account	Standard savings account for individuals The Monthly Average Balance requirement applies Comes with RuPay Debit Card and net banking
Digital Savings Account	Zero-balance account opening through digital channels. Minimum balance requirement of ₹1,000 Designed for mobile and online banking users
Senior Citizen Savings Account	Higher savings account interest rate for senior citizens No minimum balance requirement Priority service at Ujjivan branches
Privilege Savings Account	Requires a Monthly Average Balance of ₹25,000 Unlimited free ATM withdrawals Higher transaction and withdrawal limits
Minor Savings Account	Savings account for children below 18 years Zero balance requirement Account operated under guardian supervision
Garima Savings Account	Exclusive savings account for women customers Includes health insurance benefits Comes with a personalised RuPay Debit Card
Salary Savings Account	Designed for salaried individuals with corporate tie-ups Zero balance account Salary credits with standard banking benefits
Basic Savings Bank Deposit Account (BSBDA)	Zero balance savings account as per RBI guidelines Limited free transactions Suitable for basic banking needs

Bonus Tip: Ujjivan Small Finance Bank was recently recognised for its robust growth in the micro-banking sector and has been expanding its digital footprint to offer better interest yields to rural customers. You should compare these options carefully to pick the one that aligns with your monthly spending and saving patterns.

Conclusion

Ujjivan SFB provides a competitive interest rate of up to 7.25% and diverse account types to suit every need. You can benefit from the high-interest slabs and user-friendly digital tools to grow your money effectively.

FAQs on Ujjvan savings account interest rate

1. How does Ujjivan Bank calculate interest on a savings account?

Ujjivan Bank calculates interest on your daily closing balance at the end of each day. The bank uses the total daily balance multiplied by the interest rate divided by 365 days to find the exact daily earnings.

2. Which is the best Ujjivan Bank savings account for building an emergency fund?

The Maxima Savings Account at Ujjivan Bank is excellent for emergency funds because it offers high interest and zero charges on the most common banking services. This ensures your fund grows quickly while remaining fully liquid without hidden costs.

3. How do Ujjivan Bank interest rates compare to major Indian banks?

Ujjivan Bank offers much higher returns than traditional banks like SBI or HDFC. While public banks usually offer 2.70% to 3.00%, Ujjivan Bank provides rates from 2.50% to 7.25% for higher balance slabs.

4. Is it safe to keep money in a Ujjivan Bank savings account?

Yes, it is very safe as Ujjivan Bank is regulated by the RBI. Your deposits are protected by the DICGC insurance for up to ₹5,00,000 per depositor, covering both principal and interest.

5. Can you have more than one nominee for a Ujjivan Bank account?

Yes, you can add up to 4 nominees to your Ujjivan Bank savings account. This allows you to split the funds among family members by percentage or set them in a specific order of succession.