Features
- Instant Account Opening ₹300 Welcome Cashback Earn up to 5.5% p.a. on Fixed Deposits Zero-Fee Fund Transfers
- Enjoy 24x7 free UPI, IMPS, NEFT, and RTGS Invest in Mutual Funds with No Fees Quick Loans & Health Insurance Access All-in-One Mobile App
- Manage savings, FDs, investments & more in one place
Fees & Charges
- Monthly Balance Required: ₹10,000.
Target Audience
- Age: 25 years or older
- New Customers Only: No existing relationship with DBS Bank
- Nationality: Must be an Indian citizen
Application Process
- Share the DBS Savings a/c link with customers, highlighting its features and benefits.
- Tell the customer to click on the link and help them enter their basic details to start the application process.
- After submitting their initial details, your customer will be directed to download the DBS app for the next steps.
- Ask them to install the app.
- Ask the customer to enter their personal details and mobile number to start the app registration, verify with OTP, and then set the username and password for easy access later.
- After this, the customer must input their PAN and Aadhaar to trigger eKYC verification.
- Ask them to verify their PAN and Adhaar with OTP.
- Next, the customer is prompted to enter their address, professional & family details, and nominee.
- Ask the customer to submit and check the tick box, agreeing to T&C and related charges.
- The customer is required to do vKYC for successful account opening; assist them in the process.
- Finally, ask the customer to verify with OTP again and add the minimum balance required to maintain the account.
- Congratulations! Your customer’s new savings account has been opened.
- They can now order their debit card from the DBS app if required.
Documents Required
- PAN card
Terms & Conditions
- Applicants must be 18 years or older to open a DBS Savings Account.
- The applicant should be new to DBS Bank and should not have any existing relationship with the bank.
- Applicant must be an Indian citizen to open the account.
- The account opening process must be undertaken and completed in a single session.
- The customer should have a valid Aadhar card and PAN card for the account opening process.
- The customer’s Aadhaar should be linked to the mobile number for a successful lead conversion.
You can earn up to 5.5% interest on your savings with the DBS Savings Account.
Yes, you receive ₹300 cashback with DBS Bank current welcome offer
