Digisavings online account by DBS India pays 7% on saving bank balance

DBS india is well known singapore based bank. It has launched DigiBank e-wallet and Digisavings account recently. Csutomers can download dbs india app to use the e-wallet. These e-wallet users can upgrade to saving bank via e-lyc by using aadhar card number and verifying the finger print at any cafe coffee day shop. One gets free cup of coffee also on successful upgrade to digisaving online account.

Best features of this digisavings bank account is:

  • 7% interest rate on saving bank balance till Rs.1 lakh
  • 6% interest rate on balance from 1 lakh to 1 crore
  • Unlimited atm transaction on any atm with debit (Rs.150 annual fees)

This account best suits for users who need to build emergency corpus which need funds in saving bank all the time as interest rate being paid is one of the best in the industry. Here point to note is that this account is online only so best suited for people who hardly need to visit bank branch. For other faqs one can always ask chat support on DBS India app.

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