Ujjivan Small Finance Bank savings account
Hi friends!
Today mana blog lo manam review cheddam about one of the most popular banks for middle-class and salaried people — Ujjivan Small Finance Bank.
Chala mandi ki doubt untadi —
“Ee bank lo savings account open cheyyala? Safe aa? Interest rate entha?”
So ee 2025 article lo, manam in-depth Ujjivan Bank savings account review chuddam — interest, pros & cons, features, and final verdict.
🔍 What Is Ujjivan Small Finance Bank?
Ujjivan Bank started as a microfinance company, and now it’s a Small Finance Bank approved by RBI.
✅ Serving rural, semi-urban, and urban India
✅ More than 700+ branches across India
✅ Focus on financial inclusion
Ee bank lo savings account open cheyyadam chala easy and beneficial, especially for students, homemakers, and small business owners.
💰 Interest Rate – One of the Best in India
Ujjivan’s biggest attraction enti ante:
✅ Interest rate up to 7.5% on savings account balance
✅ Compared to SBI (2.7%), HDFC (3%), this is very high
✅ Quarterly interest credit, no delays
For example, if you keep ₹1,00,000 for 1 year, you’ll get approx. ₹7,500 as interest. Mana idle money ki life vastundi!
🏦 Account Types & Minimum Balance
Ujjivan offers multiple savings account options:
Account Type Minimum Balance Suitable For
Regular Savings ₹2,000 Daily usage
Zero Balance Account ₹0 Students, Housewives
Privilege Savings ₹25,000 Premium users
Mahila Account ₹1,000 Women customers
Most people choose Zero Balance or Regular Account because it’s tension-free.
Features of Ujjivan Savings Account (2025)
Let’s look at the top features that make Ujjivan account special:
✅ 1. High Interest Rate
Already discussed — you earn more even without FD.
✅ 2. Zero Balance Option
You can open & maintain without any charges.
✅ 3. Free Debit Card & Cheque Book
Comes with Rupay or Visa card.
✅ 4. Net Banking & Mobile App
UPI, IMPS, NEFT available. Simple Telugu interface too.
✅ 5. Doorstep Banking
For senior citizens & women, cash collection at home.
✅ 6. SMS Alerts & Passbook
Free balance updates and mini statements.
✅ 7. Nomination Facility
Easy to add family members as nominee.
Ujjivan Mobile App – Easy to Use
Mobile app name: Ujjivan SFB Mobile Banking
App features:
✅ Fingerprint login
✅ Balance check & statements
✅ UPI payment & QR scan
✅ Recharge, bills, EMI payments
✅ Track FD, RD & loans
Even old people can easily understand the UI. Very smooth and secure.
👍 Pros (Benefits) of Ujjivan Savings Account
Let’s talk about what we liked:
✅ Very High Interest Rates – Up to 7.5%
✅ No Pressure for Balance – Zero balance account available
✅ Fast Account Opening – KYC through Aadhaar/PAN
✅ Loan Options – Personal, gold, business loans
✅ Women-Friendly Accounts – Extra benefits for ladies
✅ Available in Rural Areas – Easy access for villagers
✅ Good Customer Service – Multiple languages support
Cons (Drawbacks) of Ujjivan Savings Account
Everything has pros & cons. So here are few things to consider:
❌ Limited ATMs – Compared to SBI/HDFC, Ujjivan has fewer ATMs
❌ Digital App Sometimes Slow – App may lag in low networks
❌ Not for Heavy Business Transactions – Meant for personal use mostly
❌ Charges for Extra Services – Like duplicate passbook, extra cheques
So, if you want international banking or premium offers, then better to go for HDFC/ICICI. But for simple savings, Ujjivan is best.
Who Should Open Ujjivan Savings Account?
This account is perfect for:
👨🎓 Students
👩 Housewives
👴 Senior citizens
👨🔧 Daily wage workers
🧑🌾 Farmers & rural users
🧕 Women SHG members
🧑💼 Salaried employees (₹10K–₹50K income range)
If you want basic + high-interest savings, this is ideal.
Is Ujjivan Bank Safe?
Yes, absolutely.
✅ Regulated by RBI
✅ Deposits insured under DICGC up to ₹5 lakhs
✅ Secure banking technology
✅ OTP login, card protection, fraud detection
So, 100% safe to keep your hard-earned money.
How to Open Ujjivan Savings Account?
Very simple process:
Visit nearby Ujjivan branch OR apply online
Carry Aadhaar, PAN, and passport photo
Fill KYC form
Select account type – Zero Balance or Regular
Done! Account open in 15–30 mins
Mobile number mandatory for OTP & SMS alerts.
Final Verdict – Should You Open?
If you’re searching for:
✅ A trusted small bank
✅ Zero balance tension
✅ High interest income
✅ Friendly staff & app support
✅ Easy loan access later
Then yes, Ujjivan Bank savings account is a top choice in 2025.
Ujjivan Small Finance Bank vs other small finance banks
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Ujjivan Small Finance Bank savings account review