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DBS is a Singapore based bank with foreign bank operations in India. Currently offer a pure online based saving bank account called Digibank – short for digital bank on initiative of govt’s digital India program.
On first anniversary of digibank service all new account holder would get Rs.500 Flipkart voucher.

Use Coupon code: HBDIGI while creating a new digibank wallet. Convert wallet to saving account within 15days of creation. After account conversion spend Rs.500 within next 30days and get Rs.500 flipkart voucher in registered email inbox.

Features of Digibank Saving Account

  • zero balance account – not need to maintain any balance
  • 7% interest rate for ₹1 to ₹1lac – 6% interst rate from ₹.1lac till 10lac
  • Unlimited withdrawl from any bank atm – no extra charge
  • visa paywave atm/debit card – ₹25000 daily withdrawl limit ₹1lac shopping limit
  • Debit card 1st year free ₹150+tax from second year.
  • 3.5%+tax foreign transactions markup fees.

Things to consider before opening account:

  • App only account with android/ios app. Phone lost or upgraded would require authentication again.
  • No web based login. So only app based access. Not for laptop users.
  • No physical branch. They have only few branches in major cities.
  • For support you need to depend on phone n email support only.