DBS Bank Savings Account

Account Balance	Interest Rate (p.a.)
Up to Rs. 2 lakh	2.50%
Above Rs 2 lakh and up to Rs. 50 lakh	5.00%
Above Rs. 50 lakh	4.00%

Note: Interest rates are updated as on 8th December 2025 and are with effect from 24th Oct, 2025.

Read More: Best Savings Account Interest Rates 2025

digibank by DBS Savings Account	DBS Savings Gold Account
Savings Plus Account	Savings Power Plus Account
digibank PRIME Savings Account	Lakshmi Power Savings Account

Digibank by DBS Savings Account

• Instant account opening
• Average monthly balance to be maintained is Rs. 10,000 in the digibank account
• The customer will get Amazon Pay Gift Card worth up to Rs. 250
• Unlimited ATM withdrawals
• Share details of your account with payees in a click
• Transfer funds through NEFT, RTGS and IMPS facility

DBS Savings Gold Account

• Cheque book facility is provided for free
• Monthly account statements are provided for free
• No charges on depositing cash at the base branch
• Net banking, NEFT & RTGS facilities are provided for free
• The account holder needs to maintain monthly balance of Rs. 10,000 to avail benefits

Savings Plus Account

• Chequebook facility is provided for free
• Option to avail free monthly account statements
• Access to digibank’s digital banking services is provided for free
• Platinum Visa debit card is issued

Savings Power Plus Account

• Free cheque book facility
• Transactions at any ATM are provided for free
• Access to digibank’s digital banking services is provided for free

Digibank PRIME Savings Account

• Designed for privileged digibank PRIME customers
• Live chart support 24×7 for daily banking needs is provided
• A Premium Signature VISA Debit Card is provided
• Free personal accident insurance worth Rs. 5,00,000 is provided

Lakshmi Power Savings Account

• Average monthly balance should be Rs. 5,000
• Cash deposit in base branch is provided for free
• DBS Bank ATM cash withdrawal is free
• NEFT, RTGS, IMPS and UPI (P2P) online are provided for free

Applicants need to produce the below-mentioned documents to open a savings account in DBS Bank:

Basic documents

• Duly-filled in account opening form
• One identity proof document
• Copy of PAN card
• Address proof
• Self-attested passport size photographs

Identity proof documents

Applicants can provide any of the below-mentioned documents as an identity proof:

• Aadhaar card
• Passport
• PAN card
• Voter ID card
• Driving license
• Any government issued/defence issued ID card
• Photo ID card issued by a Post Office
• Any photo ID card of a university recognised by the UGC (University Grants Commission) or the AICTE (All India Council for Technical Education). A student’s ID will only be valid if the student is a bonafide student at the educational institute
• If you are retired Central/State Government, then you can provide pension payment orders or PSUs

Address proof documents

Any one of the following documents:

• Aadhaar card
• Passport
• Driving license
• Voter ID card
• Ration card
• Registered leave and license agreement (either a sale deed or a lease deed)
• Income tax assessment order
• Utility bill which is not older than 2 months. These can include electricity bills, telephone bills, water bills, etc
• Bank statement from another bank
• Salary slip from employer

Please note the following mentioned points:

• Applicants need to keep digital copies of the required bank documents handy so that the account opening procedure can be faster
• Applicants must ensure that they self-attest the digital copies of the documents they need to submit
• Applicant can link his/her Aadhaar card to the bank for a faster KYC approval
• If applicants do not have a PAN card, they need to fill Form 60 stating the reasons for not having a PAN card

If the applicant changes his/her residential address, they must update their address details linked to their bank account

To be eligible to open a savings account in DBS Bank, applicants need to fullfill the below-mentioned criteria:

• Should be an Indian resident
• Hindu undivided families
• Minors can open the account jointly with their guardian

Category	Fees and Charges
Non-maintenance of balance	4% shortfall up to Rs. 40
Annual fee on debit card from 2nd year	DBS Visa Classic Card – Rs. 150 DBS BigBasket Visa Classic Card – Rs. 150 DBS RuPay Classic Card – Rs. 150 DBS Visa Platinum Card – Rs. 150 DBS RuPay Platinum Card – Rs. 150 DBS Visa Signature Card – Rs. 299 DBS EMT Visa Signature Card – Rs. 299
Replacement fee on Debit Card	Rs. 150
International cash withdrawal per transaction	Rs. 125
DBS Bank ATM-cash withdrawal	Free
Non DBS Bank ATM-cash withdrawal	3 metro and 5 non-metro transactions are free. Rs. 21 will be charged per transaction beyond free limit
Revalidation/Reissuance of DD	Rs. 30

If the applicant wants to open DBS Bank savings account online, he/she will have to follow the below-mentioned process:

Step 1: Visit the digibank website or download the mobile applicant to open your instant savings account

Step 2: For a smooth online account opening process, it is advised to keep copies your documents like PAN Card, Address proof, etc. handy

Step 3: Make sure that you have smooth internet connection for Video-KYC

Step 4: Once your Video KYC is done, the bank will verify your KYC details and will open your account at the earliest

Once your account is opened, the bank will post you an account starter kit, which will contain essentials to help you operate your account and a debit card.

If the applicant wants to open an offline savings account, he/she will have to visit the nearest branch of DBS Bank. Applicants can follow the below-mentioned process to open an offline savings account in DBS Bank:

Step 1: Upon visiting the nearest branch of DBS Bank, fill in the savings account applicant form

Step 2: Provide all your basic details as asked in the application form

Step 3: Provide your self-attested PAN and Aadhaar card

Step 4: Choose the type of savings account you want to open

Step 5: Collate all the documents and submit the documents with your proof of identity

Step 6: Once you provide all the details, the bank will verify the details and open your account

The bank will provide a welcome kit which will contain all essential documents to help you operate your account.

DBS Bank Personal Loan	DBS Bank Fixed Deposit
DBS Bank Balance Enquiry

Q. What is the process to lodge a complaint in DBS Bank?

Ans. If the complaint is being raised for the first time, you can call the bank at 1860 210 3456/1860 267 1234 or can send an email at customercareindia@dbs.com. If you do not receive any satisfactory response by customer care, you can follow the grievance redressal policy of the bank.

Q. I have lost my DBS Bank debit card. What should I do?

Ans. You should lock your debit card immediately via digibank app. Upon doing this, you can request for a new debit card.

Q.cCan I opt for a loan if I have a digital savings account in DBS Bank?

Ans. Yes. You can opt for any kind of loan with a digital savings account in DBS Bank.

Q. What is the process to transfer money from my Digital Savings Account to another account holder?

Ans. You can easily transfer money through UPI, NEFT, RTGS or IMPS.

Q. Does DBS Bank charge for availing UPI services?

Ans. No. DBS Bank does not charge for availing UPI services.

Note: The information on this page may not be updated. Kindly refer to the bank website to check the latest information.