Key Takeaways

Utkarsh Small Finance Bank Savings Account Interest Rate ranges between 3% per annum and 8% per annum. The interest rate increases with higher account balances.
The Utkarsh Small Finance Bank Savings Account Interest Rate is calculated daily and credited quarterly.
AQB requirements apply to most savings variants. The Average Minimum Balance requirement ranges from ₹2,500 to ₹5,000.

Bonus Tip: Utkarsh Small Finance Bank has appointed popular Indian sports icons Mary Kom and Sunil Chhetri as brand ambassadors. It reflects its drive toward financial inclusion and customer-focused initiatives beyond Utkarsh Small Finance Bank Savings Account interest rates.

Rohit, a school teacher from Varanasi, once wondered whether his hard-earned salary could “grow faster than his chai budget.” This is when he started exploring the Utkarsh Small Finance Bank Savings Account Interest Rates. He compared the Utkarsh Small Finance Bank Savings Account Interest Rates with the Ujjivan Small Finance Bank Savings Account Interest Rates. Utkarsh Small Finance Bank Savings Account Interest Rate ranges between 3% per annum and 8% per annum. Ujjivan Bank offers an interest rate between 2.5% and 7.25% per annum.

Think of Utkarsh Small Finance Bank interest rate as reward stars in school. The more you save in your Utkarsh Bank account, the more stars (interest) you earn. The Utkarsh Small Finance Bank saving account interest rate tells how much extra money grows every year.

Rohit said, “I deposited ₹2,00,000 in my Utkarsh Bank savings account and earned 4.25% per annum on it. My annual earnings went up till ₹8,500, which got credited every year, quarterly. It was almost enough for my Varanasi tabla class weekend treats!”

Latest Utkarsh Small Finance Bank Savings Account Interest Rates 2025-26

Here’s the Utkarsh Small Finance Bank Savings Account Interest Rate chart for 2025-26:

Balance Slab	Utkarsh Small Finance Bank Interest Rate (per annum)
Up to ₹1,00,000	3.00%
₹1,00,000-₹5,00,000	4.25%
₹5,00,000-₹10,00,000	5.50%
₹10,00,000-₹50,00,000	7.00%
₹50,00,000-₹10,00,00,000	7.25%
₹10,00,00,000-₹100,00,00,000	7.50%
Above ₹100,00,00,000	8.00%

The Utkarsh Small Finance Bank savings account interest rate rewards larger balances progressively more.

Utkarsh Small Finance Bank Savings Account Features and Benefits

Rohit often quipped that “math is good, but bank perks are better,” and Utkarsh Bank’s savings benefits truly impressed him. The bank keeps things simple with Utkarsh Small Finance Bank saving account interest rates that kick in daily and are credited quarterly. The key features of Utkarsh Small Finance Bank are:

Feature	Benefit
Daily Interest	Interest is calculated every day.
Quarterly Credit	Interest paid every three months.
Debit Card	Free debit card (varies by account).
Digital Banking	UPI, netbanking, and mobile app available for seamless digital banking.
Zero Balance Option	Available in BSBDA for basic needs.

Rohit found that the Utkarsh Small Finance Bank savings account gives tiered interest. You get higher rewards as your savings grow. He also loved unlimited ATM withdrawals and easy online banking from the school staff room. Utkarsh SFB makes saving feel more rewarding than marking homework on a Friday night.

Utkarsh Small Finance Bank Savings Account Fees and Charges

Most savings accounts require an Average Quarterly Balance (AQB), usually ₹5,000 in urban branches and ₹2,500 in rural ones. Non-maintenance penalties apply if AQB is not met. There are also nominal charges for non-maintenance and cash deposits beyond free limits. Follow the AQB rules to avoid fees and let your savings grow.

Utkarsh Small Finance Bank Savings Account Types

Rohit explored several Utkarsh Small Finance Bank Savings Account types before deciding what fits his teaching salary flows.

Account Type	Main Benefit
Standard Savings	Balanced interest + ATM/NEFT benefits.
Premium Savings	Higher services and debit card perks.
Basic Savings (BSBDA)	Zero balance and basic features.
Naveen Savings	Easy start for frequent basic savings.
Corporate Salary	Salary credit benefits, zero balance, and savings interest.

There’s a Utkarsh Bank savings account type for every need. You can differentiate between the savings account types further:

Standard Savings Account is the most common choice, requiring AQB ₹5,000 (urban) / ₹2,500 (rural). It gives tiered interest up to 8.00% and plenty of free transactions.
Premium Savings Accounts are for customers like Rohit who want more perks like a platinum debit card, premium lifestyle benefits, relaxed balance rules, and rewards.
BSBDA and Naveen are ideal for teachers just starting or those who prefer low entry requirements.
The Corporate Salary Account is perfect for employees needing an efficient salary credit and savings blend.

Utkarsh SFB gives flexible savings options for every banker, rookie or veteran.

Conclusion:

Rohit did a thorough comparison between the Utkarsh Small Finance Bank Savings Account types. He also carried out an interest rate comparison with Ujjivan Small Finance Bank Savings Account Interest Rates.

Rohit found that the Utkarsh Small Finance Bank Savings Account Interest Rate could help his savings “score extra marks” each quarter. He keeps the AQB rules in mind. With tiered interest and flexible account types, his wallet now smiles wider than a classroom full of A+ students!

FAQs Related to Utkarsh Small Finance Bank Savings Account Interest Rates

Is the Utkarsh Small Finance Bank savings account interest rate higher than that of traditional banks?
Yes, tiered rates up to 8.00% per annum often beat many conventional banks.

Can I open a Utkarsh savings account online?
Many users report digital opening options through mobile or netbanking via Utkarsh’s website, making it convenient.

Is Utkarsh SFB a good choice for saving emergency funds?
Discussion forums threads note that its interest rates are competitive, but always check updated slabs before parking large emergency funds.

What is the Utkarsh Small Finance Bank saving account interest rate 2025?
In 2025-26, Utkarsh SFB’s savings interest ranges from 3% to 8% per annum across balance slabs.

Is Utkarsh Small Finance Bank worth considering for higher-interest savings or FD parking compared to big banks?
Many Users on discussion forums note that Utkarsh Small Finance Bank offers relatively higher interest rates on savings and FDs, and deposits up to ₹5,00,000 are protected by DICGC insurance, making it a decent choice for part of your savings strategy.

What should I do if a bank closes my savings account without clear notice?
Many users advise calmly contacting the bank branch to confirm the reason for closure and tracking any issued demand drafts or funds, as quick communication often helps you recover your balance smoothly.

Can I close my Utkarsh Small Finance Bank account online without visiting a branch?
Yes, as many users on discussion forums suggest, you can initiate the closure process digitally by contacting Utkarsh’s customer care or submitting a closure request via netbanking/email, then follow up for smooth completion. Most banks require surrendering the physical chequebook/debit card at the branch, but initiating online speeds up the process.

Why do some Indian banks offer relatively high savings account interest rates compared to others?
Many users explain that small finance banks often offer higher savings interest to attract deposits and compete with larger banks, giving depositors a chance to earn more while keeping funds liquid and safe.