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DBS Treasures- A World of Possibilities

Updated on March 26, 2024 , 5595 views

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

DBS Treasures Accounts

1. DBS Treasures Savings Account

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.

Features of DBS Treasures Savings Account

1. Easy Access

You can easily access your savings account from your mobile device or ATM.

2. Interest Rates

You can avail interest on your savings starting from 3.5% to 6% p.a. This depends on your bank balance.

3. Everyone is a Priority

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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2. DBS Treasures Fixed Deposit

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.

Features of DBS Treasures Fixed Deposit

1. Minimum Deposit

You can start your Fixed Deposit account with just Rs. 10,000. There is no upper limit for deposits.

2. High Returns on Deposit

If you deposit an amount of Rs. 20 crore and above, you can avail preferential rates from the bank.

3. Flexible Tenure

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.

4. Flexible Income Option

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.

Domestic and NRO Fixed Deposit

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

3. DBS Treasures Recurring Deposit

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.

Features of DBS Treasures Recurring Deposit Account

1. Minimum Deposit

You can start with a minimum deposit of just Rs. 1000.

2. Easy Saving

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.

3. Flexible Tenure

You can deposit money from a period of six months to 5 years. You don’t have to make lump sum payments.

4. DBS Treasures Flexi Fixed Deposit

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.

Features of Flexi Fixed Deposit

1. Deposit

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.

2. Balance Thresholds

Here are the balance thresholds for different types of savings accounts that are linked to your fixed deposit.

  • savings plus- Rs. 50,000
  • Savings Power Plus: Rs. 2 lakhs
  • Treasures Savings: Rs. 5 lakhs

Debit Card

DBS Infinite Debit Card

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.

Features of DBS Infinite Debit Card

1. High Cash Withdrawal

You can withdraw cash to match your needs with the debit card. You can withdraw and shop up to Rs. 3 lakhs per day.

2. Tap to Pay Payments

You can use the tap to pay option to pay through your DBS Treasures Infinite Card at contactless terminals.

3. Competitive Rates and Offers

You can experience lowest foreign exchange rates and great discounts and booking offers with best brands and outlets throughout Asia.

4. Travel

You can experience the best access and offers to domestic airports and International airport lounges.

5. Shop Online

With DBS Infinite Debit Card, you can shop with the best security features anytime and anywhere.

NRI Banking

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.

Eligibility for DBS Treasures Account

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:

1. Occupation

Business persons and working professionals like doctors, lawyers, etc., can take complete benefit of the bank’s offerings.

2. Age

Business persons between the age of 30-44 can register for banking requirements under DBS Treasures.

3. Working Professionals

Working professionals between the age of 40-54 can register and enjoy signature benefits under DBS treasures.

4. Portfolio Size and Income Criteria

You should have a Portfolio size of 5 lakhs- 30 lakhs with an income of 30 lakhs and above per annum.

Payments and Transfer

DBS Treasures Fund Transfer

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.

Features of Fund Transfer

1. Maximum Security

Your account is protected with maximum security with the two-Factor authentication of all the transactions along with the state-of-art-signing tokens.

2. Transfers

You can send and receive funds both nationally and overseas with NEFT and RTGS facilities.

3. Great Transfer Limit

You can transfer up to Rs. 200,000 for NEFT transactions and Rs. 500,000 for RTGS transactions.

DBS Treasures Black Elite Card

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.

  • 3.2 miles at selected luxury boutiques
  • 2.4 miles for all overseas expenses
  • 1.2 miles for all local spend
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

DBS Treasures Borrow

Apart from Savings Account and Fixed Deposits, DBS Treasures also offers Loan & insurance.

1. Home Loan

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.

2. Loan Against Property

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 Insure

1. Pure Protection Plan

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+

2. Traditional Plans

DBS Treasures Traditional insurance plans include the following:

  • Aditya Birla Sun Life Insurance Guaranteed Milestone Plan
  • Tata AIA Life Insurance Gold Income Plan
  • Aditya Birla Sun Life Insurance Income Assured Plan
  • Tata AIA Life Insurance Vital Care Pro
  • Tata AIA Life Insurance Smart Income Plus
  • Tata AIA Life Insurance Money Back Plus
  • Aditya Birla Sun Life Insurance Vision LifeIncome Plan
  • Aditya Birla Sun Life Insurance SecurePlus Plan
  • Tata AIA Life Insurance for Smart annuity Plan

3. Unit Linked Insurance Plans

The Unit Linked Insurance Plan with DBS treasures are mentioned below:

  • Tata AIA Life Insurance Wealth Pro
  • Tata AIA Life Insurance Fortune Pro
  • Tata AIA Life Insurance Wealth Maxima
  • Tata AIA Life Insurance Fortune Maxima
  • Aditya Birla Sun Life Insurance Wealth Secure Plan
  • Aditya Birla Sun Life Insurance Fortune Elite Plan

4. Travel and Business Insurance

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.

DBS Treasures Customer Care Number

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.

Conclusion

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.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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