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The Development Bank of Singapore (DBS) is a premier banking institution to meet all your Wealth Management and banking needs. It is the banking destination with a powerful vision and unique financial offerings all over Asia.
DBS Treasures is their eminent Offering, which brings a treasure-trove of resources to suit all your financial desires. DBS Bank is recognised as Asia’s safest bank and has won multiple awards for their unprecedented work with finance and customers. A Global Finance declared DBS Bank as No. 1 in Asia and No. 12 globally. It was also awarded the best bank in Asia Pacific in 2014. The bank has received several accolades to add to its prestigious name and service.
DBS Treasures ensures your wealth is planned well and also grows over time. The bank also allows you to gain knowledge from professional award-winning investment office strategists. A number of publications and analysis is available to help you stay ahead on every front.
DBS Treasures Savings Account is a great place to save your money and get amazing interest rates. Enjoy safety and security with DBS treasures savings account.
DBS Treasures Savings Account Interest Rate mainly depends on your daily balance. Here is a list of interest rates for savings account holders.
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. This 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.
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One of the best offerings from the bank is the DBS Treasures Fixed Deposits account. You can take complete advantage of the savings with great interest rates and flexible deposit options. You can avail immediate liquidity along with a Range of deposit terms to help you with your Financial goals.
You can start your Fixed Deposit account with just Rs. 10,000. There is no upper limit for deposits.
If you deposit an amount of Rs. 20 crore and above, you can avail preferential rates from the bank.
The bank offers flexible tenure to suit your financial needs. You can choose from between seven days to more than 5 years to deposit your money.
One of the unique features of the bank is that it allows you to choose whether you want to receive your interest on a monthly, quarterly or re-investment Basis.
Here is a list of interest rates for domestic and NRO fixed deposits.
The rates are mentioned according to period and balance.
Period | Card Rates (Less than 2 crore) | Senior Citizen Card Rates (Less than 2 crore) |
---|---|---|
7 days | 3.00 | 3.00 |
8 days and up to 14 days | 3.00 | 3.00 |
15 days and up to 29 days | 3.20 | 3.20 |
30 days and up to 45 days | 3.45 | 3.45 |
46 days and up to 60 days | 3.70 | 3.70 |
61 days and up to 90 days | 3.70 | 3.70 |
91 days and up to 180 days | 4.00 | 4.00 |
181 days and up to 269 days | 4.40 | 4.40 |
270 days to less than 1 year | 4.75 | 4.75 |
1 year to 375 days | 4.90 | 4.90 |
376 days to less than 2 years | 5.00 | 5.00 |
2 years and less than 2 years 6 months | 5.15 | 5.15 |
2 years and 6 months | 5.15 | 5.15 |
2 years 6 months 1 day and less than 3 years | 5.15 | 5.15 |
3 years and less than 4 years | 5.30 | 5.30 |
4 years and less than 5 years | 5.50 | 5.50 |
5 years and above | 5.50 | 5.50 |
DBS Treasures Recurring deposit will help you invest regularly for good returns. You get the opportunity to transform your Income into a wealth reserve. Please note that you will avail interest rates as fixed deposit in your recurring deposit account.
You can start with a minimum deposit of just Rs. 1000.
The amount will be automatically debited from your existing savings account. There is no investment needed upfront and the tax is deducted at source (TDS) which is in line with ITR.
You can deposit money from a period of six months to 5 years. You don’t have to make lump sum payments.
DBS Treasures Flexi Fixed Deposit account is one of a kind. It allows you to avail the interest rates of a deposit account along with the benefits of a savings account. You can withdraw funds while receiving interest on the balance amount in your account.
You can start an account with an amount of Rs. 10,000 and can also save in the multiples of Rs. 1000 up to a maximum of Rs. 14,99,999 for 364 days.
Here are the balance thresholds for different types of savings accounts that are linked to your fixed deposit.
DBS Treasures offer DBS Infinite Debit Card, which is a premium debit card option offering an easy transaction process. You will be able to easily access ATMs worldwide and also accidental death cover of up to $1 million.
You can withdraw cash to match your needs with the debit card. You can withdraw and shop up to Rs. 3 lakhs per day.
You can use the tap to pay option to pay through your DBS Treasures Infinite Card at contactless terminals.
You can experience lowest foreign exchange rates and great discounts and booking offers with best brands and outlets throughout Asia.
You can experience the best access and offers to domestic airports and International airport lounges.
With DBS Infinite Debit Card, you can shop with the best security features anytime and anywhere.
DBS Treasures’ NRI Savings account is just what you need as an Indian working abroad. Non-resident Indians (NRI) can now open an NRI savings account with the bank that can be an NRE account or NRO account. You can continue saving in Indian currency and earn a higher interest rate on your savings account.
Avail FCNR Deposit benefits along with tax benefits.
DBS Treasures is a premium banking service, is your stop for all your premium banking needs. Mentioned below is the eligibility criteria to enjoy all the premium benefits with DBS Treasures:
Business persons and working professionals like doctors, lawyers, etc., can take complete benefit of the bank’s offerings.
Business persons between the age of 30-44 can register for banking requirements under DBS Treasures.
Working professionals between the age of 40-54 can register and enjoy signature benefits under DBS treasures.
You should have a Portfolio size of 5 lakhs- 30 lakhs with an income of 30 lakhs and above per annum.
With DBS treasure fund transfer you can make money transfers in no time. The transfers are completely safe and secure at both local, national and international levels. Be it any business, professional or personal need, you can transfer money at a tap.
Your account is protected with maximum security with the two-Factor authentication of all the transactions along with the state-of-art-signing tokens.
You can send and receive funds both nationally and overseas with NEFT and RTGS facilities.
You can transfer up to Rs. 200,000 for NEFT transactions and Rs. 500,000 for RTGS transactions.
Enjoy great benefits with the Black Elite Amerian Express (Amex) Card. You can get the fastest route to rewards up to 3.2 miles. Redeem for shopping air miles and dining vouchers soon.
To redeem these rewards | Overseas spend on DBS Treasures Black Elite Card | Spend on other credit cards |
---|---|---|
Imperial Treasure $50 Dining Voucher | $2500 | $15,000 |
$100 DBS Takashimaya Department Store Gift Voucher | $5125 | $30,750 |
50,000 KrisFlyer Miles | $20,834 | $125,000 |
Apart from Savings Account and Fixed Deposits, DBS Treasures also offers Loan & insurance.
DBS Treasures Home Loan is one of the best loans you can opt for. It offers loan assistance for ready property, property under construction or refinances. It offers attractive interest rates and hassle-free loan processing.
Visit the website and check your home loan eligibility, interest rates and own your dream home today.
You can now leverage your property value with flexible repayment options. Get a loan worth up to 65% of the Market value of the residential property, DBS Treasures offer competitive interest rates so that you can repay your loan in low EMIs with a flexible repayment option. Enjoy smooth and easy processing.
DBS Treasures Pure Protection Plan includes two of the best insurance plans available in the market. Tata AIA Life Insurance Maha Raksha Supreme and Tata AIA Life Insurance Sampoorna Raksha+
DBS Treasures Traditional insurance plans include the following:
The Unit Linked Insurance Plan with DBS treasures are mentioned below:
DBS Treasures offer travel and business insurance to help you have maximum security. Bharati AXA Travel Insurance plan is available under travel insurance. Business insurance offers Keyman Insurance.
You can contact 24-hour toll-free customer service helpline number @ 1800 209 4555 / 1860 267 1234.
The overseas customer service number is +91 44 6685 4555.
DBS Bank offers the best facilities when it comes to security and transparency. Live the Signature life with DBS bank’s signature experiences. Get fine dining experience, travel privileges, medical assistance and more with signature experiences. Enjoy premium facilities with DBS bank and unlock wealth and financial services like never before.
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