While opening a Savings Account, individuals aim to save their hard-earned to secure their financial life. So, if you are looking for a safe place to save your money where should it be? Well, DBS Bank should definitely be on the priority list. The Development Bank of Singapore (DBS) is one of the largest banking and financial services companies in the world. It is also the largest bank in the Asia-Pacific region when it comes to assets.
Most people are comfortable with savings accounts as it carries zero-risk Factor, and you earn interest on your funds. DBS Bank offers DigiSavings Account and DBS Treasures Savings Account with attractive interest rates and amazing features to match your requirements.
DigiSavings Account is one of the best offerings from DBS bank. You can open your savings account in a seamless, paperless manner within a few seconds. The bank offers competitive interest rates on savings accounts, fixed and Recurring deposit accounts. With DigiSavings Account, you can avail the benefit of fund transfer 24x7 through UPI, NEFT, IMPS and RTGS.
All you have to do to open your very own DigiSavings account is to verify your details through OTP on your Aadhar card linked mobile number. Your savings account is activated in no time.
DBS Bank also offers the Facility of sending an agent over to help with it too. You can request a bank agent to come over at a time of your own choice. You can avail the complete benefit of your Digisavings account with biometric verification at any partner stores.
The DBS bank has taken every effort to make the process simple for you. Alongside that, Digibank offers automated authentication, which is safer than OTPs. To help you stay rest assured, know that the bank has been awarded the ‘Safest Bank in Asia’ for 10 continuous years by Global Finance.
To make a payment with your Digibank Debit Card, all you have to do is wave it at any POS. You don’t have to swipe or dip, just wave!
Talk to our investment specialist
Digisavings account offers the Spends Optimiser feature that allows you to keep an eye on all your spending decisions effectively.
DBS bank offers Digibank Mobile App. You can download the app on your Android or Apple smartphone via Google Playstore and Apple App Store. Sign up and enjoy the various banking benefits the bank has in store for you.
The DBS treasures savings account is one of its kind. It offers attractive interest rates with convenience of banking.
Here is a list of interest rates for savings account holders.
The rates also depends on your daily balance.
|Daily Balance||Rate of Interest (p.a.)*|
|Daily Balance up to Rs. 1 Lac||3.5%|
|Daily Balance of above Rs. 1 Lac and up to 2 Lacs||6%|
|Daily Balance of above Rs. 2 Lac and up to 5 Lacs||4%|
|Daily Balance of above Rs. 5 Lacs||4%|
Note: Rate of interest on your savings is subject to change from time to time at the discretion of the bank and/or accordance with directives from RBI. The above rates will be applicable to senior citizens.
You can easily access your savings account from your mobile device or ATM.
You can avail interest on your savings starting from 3.5% to 6% p.a. However, this also depends on your bank balance.
One of the best features of this savings account is that it provides options for NRE and NRO accounts too. Overseas savers can take complete benefit with the same interest rates.
You can Call on
1800 209 4555 for more information and queries. The bank also provides the option of virtual assistance to ask anything about DSB banking.
DBS Savings account is one of the best options available to start away with your savings today. Get all the benefits and enjoy safety and security!