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Ujjivan Small Finance Bank introduces Maxima Savings Account, Business Maxima Current Account

18 Sep 2023 Evaluate

Ujjivan Small Finance Bank has introduced the Maxima Savings Account and Business Maxima Current Account for the premium customer segment. These new offerings aim to improve the banking experience for both new and existing customers by providing a variety of services and benefits. The products are designed to provide customers with various benefits, superior features, and a premium experience to meet their various financial and banking needs.

The annual interest rate on the Maxima Savings Account is up to 7.5%, one of the highest in the industry, and customers can open the account with Rs 1 lakh. Customers also have the flexibility to maintain Rs 15 lakh or more in fixed deposits to meet the balance eligibility criteria of the Maxima Savings Account, an option not available with other standard savings accounts. Other exciting services offered by Maxima Savings Account include higher transaction limits, Free cheque & DD Issuances, Free transactions across all channels, and unlimited cash deposits and withdrawals at any branch. A Complimentary Health Prime Benefit is also offered with the Maxima Savings Account to applicable customers.

Business Maxima Current Account provides businesses and entrepreneurs with a comprehensive suite of services designed to meet their unique needs. It features convenient online banking, instant fund transfers, and cash management options. Notable features include the ability for businesses to define their own cash deposit limit, a higher daily ATM withdrawal limit of Rs 5 lakh per day, the provision of beyond banking services such as account services for merchants, and free installation and rental fees for POS services.

Ujjivan Small Finance Bank (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.

Ujjivan Small Fin Share Price

57.30 -1.47 (-2.50%)
20-Apr-2026 14:53 View Price Chart
Peers
Company Name CMP
HDFC Bank 797.30
ICICI Bank 1357.65
Axis Bank 1354.30
Kotak Mahindra Bank 379.35
Indusind Bank 852.40
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