Curated by Elaris AI — unbiased, data-driven
Fee-light savings accounts that actually work for you.
We maintain concise, no-nonsense shortlists and refresh them quarterly, focusing on low fees, good apps, and sensible limits.
Disclosure: We may earn a commission if you open via our links. Picks remain objective and criteria-driven.
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Best Accounts — Curated by Elaris AI (updated Oct 2025)
IDFC FIRST Savings (Example)
Zero balance
UPI + NetBanking
Online opening
Good digital app • Fee-light • Useful for daily banking
Interest: Tiered interest slabs • ATM: Unlimited domestic at partner ATMs (policy varies) • Card fees: ₹0–₹500
AU Savings
Min bal: ₹5,000
UPI • BBPS
Online opening
Strong mobile app • Debit card offers (varies)
Interest: Tiered interest slabs • ATM: Free domestic ATM up to bank policy • Card fees: ₹0–₹500
Kotak 811
Zero balance
UPI • Virtual debit (varies)
Online opening
Instant online KYC • Popular for UPI
Interest: Tiered interest; digital-first • ATM: Limited free ATM withdrawals • Card fees: ₹0–₹750
Basic Savings
Zero balance
UPI • YONO
Branch opening
Wide branch/ATM reach • No frills
Interest: Standard savings rate • ATM: Limited free ATM withdrawals • Card fees: Low
Millennia Savings (Example)
Min bal: ₹10,000
UPI • NetBanking
Online opening
Bundle offers • Debit rewards (varies)
Interest: Standard savings rate • ATM: Free domestic ATM up to policy • Card fees: ₹0–₹750
Insta Save
Zero balance
UPI • NetBanking
Online opening
Instant account opening • Good netbanking
Interest: Standard savings rate • ATM: Free domestic ATM up to policy • Card fees: ₹0–₹750
Quick Compare
| Account | Min. Bal | Open | UPI/Online | Notes | |
|---|---|---|---|---|---|
| IDFC FIRST Savings (Example) | Zero | Online | UPI + NetBanking | Tiered interest slabs | Open |
| AU Savings | ₹ 5,000 | Online | UPI • BBPS | Tiered interest slabs | Open |
| Kotak 811 | Zero | Online | UPI • Virtual debit (varies) | Tiered interest; digital-first | Open |
| Basic Savings | Zero | Branch | UPI • YONO | Standard savings rate | Open |
Indicative info. Banks change features/fees; verify on the bank site/app before applying.
Need help choosing?
What to check
- Min. balance + non-maintenance charges
- ATM withdrawals & cash deposit limits/fees
- UPI limits and app quality
FAQs
Do you track rates daily?
No. We maintain a concise quarterly list. Always confirm details on the bank’s site/app.
Zero balance vs “fee-light”?
Zero balance avoids non-maintenance charges. Fee-light may allow a small balance with sensible fees.
Is there a perfect all-rounder?
No single account wins for everyone. Use filters above to match your needs.
