Can I make investments with digibank by DBS?

You can book a Fixed Deposit or Recurring Deposit and invest across the top 250 mutual funds with funds parked in your digital Savings Account.

Open Digital Savings Account Instantly with Video KYC

Q: What is the minimum balance requirement for the Digital Savings Account?

As per the terms and conditions set by digibank, you must maintain a monthly average balance of at least INR 5000. Failure to do so may attract penalties.

Q: Can I obtain loans with a Digital Savings Account?

Yes, as a digibank customer, you get preferential facilities when it comes to obtaining various types of loans like home loans, personal loans, and auto loans.

Digital Savings Account

Open a DBS Bank Account Now

To begin, simply download the DBS Bank app

At a Glance

Opening a bank account by visiting the bank is now a thing of the past. With the DBS Bank Savings Account, you can now open your account from any corner of the world.

What is a Digital Savings Account?

DBS Bank's Digital Savings Account is a unique bank account that you can open online. The account is entirely digital, akin to carrying your bank in your pocket. You can access this account on your internet-enabled smartphone and conduct a wide range of banking transactions.

Features and Benefits

Access your Digital Savings Account - anywhere, anytime - with DBS Bank’s internet and mobile banking
Earn attractive interest rates on your Digital Savings Account deposits
Get a free international ATM-cum-debit card
Choose from individual or joint accounts and assign nominees
Make hassle-free remittances to foreign accounts with minimal paperwork
Enjoy exclusive privileges and benefits with the debit card linked to your Digital Savings Account

How to Open a Digital Savings Account?

Download the digibank by DBS mobile application on your smartphone, or visit the DBS Bank website and scan the QR code to download the app.
Fill out the Digital Savings Account opening form with the required personal details
Attach scanned copies of your ID and address proof (such as PAN Card and Aadhaar) to complete the KYC process.
DBS Bank will get in touch with you for the completion of the KYC (Know Your Customer) process.

Do More, Live More

Open Instant DBS Bank Savings Account in just a few minutes.

Download digibank.

Fill your details and complete KYC.

Activate your DBS Bank savings account.

Open a DBS Bank Account Now

Frequently Asked Questions

What is the minimum balance requirement for the Digital Savings Account?

As per the terms and conditions set by DBS Bank, you must maintain a monthly average balance of at least INR 10,000. Failure to do so may attract penalties.

Can I obtain loans with a Digital Savings Account?

Yes, as a DBS Bank customer, you get preferential access to obtaining various types of loans, including home loans, personal loans, and automobile loans.

Can I make investments with DBS Bank?

You can book a Fixed Deposit or Recurring Deposit and invest across the top 250 mutual funds utilising funds from your Digital Savings Account.

What benefits can I enjoy with a DBS Bank Debit Card?

With an international debit card, you can enjoy free ATM withdrawals at DBS ATMs and a limited number of free withdrawals at non-DBS ATMs. Additionally, your DBS Bank debit card offers discounts on shopping, travel, dining, utilities, wellness brands, and more.

How can I transfer money from my Digital Savings Account to another account holder?

You can conveniently transfer money via UPI, NEFT, RTGS, or IMPS.

What is the rate of interest I can earn on my savings account?

DBS Bank offers competitive interest rates on deposits. Interest rates comply with RBI regulations and are subject to change periodically.

Open a DBS Bank Account Now