Pratham Savings Account

Pratham Savings Account is designed to meet all your banking needs without the need to maintain high balances in your account. You can access your account anytime, anywhere through our mobile banking application FinoPay and also get access to 54 branches 143 customer service points and Fino’s banking outlets across 94% of India’s districts.

Eligibility: Any resident Indian individual above 18 years of age.

Key features

  • Instant account opening
  • Instant debit card activation
  • Low monthly average balance requirement of Rs.1000
  • Aadhaar seeding facility to receive government subsidies (DBT benefits) linked with Aadhaar
  • Sweep account facility with a potential to earn interest up to 6.25%# p.a. on daily end of day balances
  • Get best in class Classic/Platinum RuPay debit card with your account. Also, there is insurance cover of up to Rs.2 Lakh in case of death/permanent disability due to accident linked with Rupay Platinum debit card. Terms and conditions apply
  • Access ATMs all over India with up to five free transactions per month*
  • Instant fund transfer facility through IMPS at nominal charges to any bank account in India
  • Access your account anytime and anywhere through mobile banking application, FinoPay and internet banking
  • Free monthly e-mail statements
  • SMS alerts to track account activity

* First 3 ATM transactions free in Metro locations (Mumbai, Delhi, Bangalore, Chennai, Kolkata and Hyderabad) and first 5 ATM transactions free in other locations

#Interest on balances in Savings Bank Account with Fino Payments Bank up to INR 2 Lakhs is 2.75% p.a. with effect from 01st May 2021.

Interest on balances in sweep account opened with Partner Bank – Up to INR 1 Lakh - 4% p.a., over INR 1 lakh and up to INR 10 Lakh - 6.25% p.a. and above INR 10 Lakh - 6% p.a. Applicable interest will be calculated on the incremental amount for the slabs till 19th January 2022

Interest on balances in sweep account opened with Partner Bank - Up to INR 1Lakh - 4% p.a., over INR 1 lakh and up to INR 1 crore - 6.25% p.a. and above INR 1 crore - 5% p.a. Applicable interest will be calculated on the incremental amount for the slabs w.e.f. 20th January 2022

Note: Interest Rates are subject to change at the sole discretion of Fino Payments Bank and Partner Bank for sweep account. Balance above INR 2,00,000 on EOD will be transferred to customer’s sweep account held with Partner Bank.

Fill up the form below to apply for Pratham Savings Account

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