Create a digibank Savings Account, your one-stop shop for all your banking requirements, to streamline every part of your financial life. The Basic Savings Bank Deposit Account of DBS is a straightforward, basic account for standard banking operations, as its name would imply.
When you open an account, you receive the following:
Affordable Interest Rates
On the deposits you have stored in your digibank account, earn enticing interest rates.Opening an Account Instantly
When you can create an account from the convenience of your home. You may create a paperless online savings account with Digibank from any location at any time. To create an immediate digibank account, download the app.
Lower MAB and No Deposit Caps
Easily deposit whatever amount of your choice without worrying about deposit maximums. Your digibank account must always have an average monthly balance of Rs. 10,000.
Sense-Based Platforms
With the digibank app, we've managed to fit the bank into your smartphone. With our user-friendly i-Banking systems, you may instantly access your digibank account while on the road. Digibank also provides the digibank iBanking platform.
Opening an Account in DBS
Download the form for creating an online savings account and complete it with the necessary information. Attach a photo of yourself to the form to create a savings bank account.
Identification Documents
Choose from a variety of ID verification documents that include your photo. Below is the list:
- Aadhaar Card
- Passport
- PAN Card
- Driving License
- Election ID Card
Address Verification Documents
To obtain your digibank account welcome package, present your temporary or permanent address verification documents. Below is the list:
- Aadhaar Card
- Passport
- Rental Agreement/ Lease
- Driver’s License
- Voter ID Card
- Latest Utility Bills – telephone, electricity, water, or gas.
Features of DBS Bank:
- No requirement for a minimum balance.
- There is no cap on how many deposits may be made in a calendar month.
- Including ATM withdrawals, all withdrawal methods are unlimited once per month.
- Chequebooks and fundamental financial services will be made available.
Offers of DBS Bank:
You may Live More & Bank Less here at DBS digibank. There is no documentation and no fee for fund transfers. Here is a list of other advantages you may make use of:
Add Money Offer:
Add at least Rs. 10,000 to your digibank account or start a fixed deposit of at least Rs. 10,000 to receive Rs. 150 in cashback.Validity: Ten days after your Savings Account is opened.
Rewards: Rs. 150 Cashback.
Bill Pay Offer:
Get 10% cashback up to Rs. 100 when you use the bill payment feature on the Digibank app to pay a bill eligible for a maximum of 3 billers.Validity: 30 days after your Savings Account is opened.
Rewards: Up to Rs. 300 Cashback.
Benefits of DBS:
With a digibank account, you not only stand out from the competition but also receive time-tested solutions that streamline the whole banking procedure.
Remote Universal Banking
You can easily and smoothly combine all of your applications and bank accounts onto your digibank Account. Don't bother linking several mobile apps for separate bank accounts.
No More OTP Entry
The days of waiting for OTPs to begin your banking operations are long gone. The built-in Soft Token on your digibank online account instantly and securely authenticates all of your transactions, speeding up your payments.
Continuous Investments
Utilize funds in your digibank account to set up risk-free fixed deposits and earn guaranteed returns. Use digibank recurring deposits to save money for specific goals. Choose from more than 250 Morningstar 5-Star-rated mutual funds to obtain professional investing advice.
Online Transfers of Funds
NEFT, IMPS, and RTGS payment systems can be used to start big-value transactions. Utilize online cash transfer services to send money to recipients both inside and outside of India. With the very simple digibank Remit function, you may send money instantly anywhere in the globe with no handling costs. It has favorable exchange rates and 100% credit to the beneficiaries.
Loans on a Fast Track
With Personal Loans up to Rs. 15 lakh, you can turn your wish lists into to-do lists. With the quick, paperless, and digital Fast-Track Loans from Digibank, realize all of your dreams. Enjoy free look-in periods, rapid approvals, and simple loan administration.Intelligent Bill Payments
Keep up with your payments and pay your utility bills, such as those for telecom, electricity, gas, and insurance, with ease. Create a list of your billers, check the status of your payments manually, or plan payments for three days beforehand.
Monitor Your Spending
To efficiently manage your budgets and investments, keep a close check on all of your costs and expenditures across numerous categories. Utilize the Spends Optimizer function included with your digibank Online Savings Account to effortlessly make well-informed selections.
Instant Account Details Sharing
Stop manually entering or copying and pasting your account information when communicating it to payees. Your account information may now be instantly shared with just one click.
Savings with a Purpose
With the goal-based saving options available on the digibank online Savings Account platform, give life to your large and little aspirations. With a digibank account, you can easily make all of your dreams come true, whether you want to purchase the most recent smartphone, those stunning luxury bags or shoes, or embark on a grand international journey.
Contactless Transactions
Use your RFID-enabled digibank debit cards to use the Scan & Pay and Tap to Pay capabilities. No longer is it necessary to swipe your card; only a tap will do. Assure quick, secure payments and transactions from anywhere, at any time.
You may like to read: What is Savings Account? Find its Benefits and Best Bank Branches in India
You may like to read: What is Savings Account? Find its Benefits and Best Bank Branches in India
As a digibank account holder, benefit from top-notch banking services from anywhere in the world as well as more than 100 special offerings. As you earn enticing interest rates on your savings with your digibank Savings Account, put your idle money to work.
On a single platform, the digibank by DBS Savings Account offers quick fixes for all of your banking requirements. You can get everything here, whether you want simple monthly payments, smooth investments, reward points, or exclusive brand discounts. With remote access and a variety of personalized options, you may use your digibank by DBS account to access and transact.
