Open Digital Savings Account Instantly with Video KYC

Digital Savings Account

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Begin your digital savings experience smoothly with DBS BankWhy Choose a DBS Bank Digital Savings Account?Opening a bank account at a branch is now outdated. With the DBS Bank Digital Savings Account, you can open your savings account from anywhere and enjoy a seamless, paperless experience. Get access to one of the best digital savings accounts in India, offering high interest rates and smart banking features right at your fingertips.

Features and Benefits of DBS Bank Digital Savings AccountHere are the key features and benefits of a savings account that make banking easier and more rewarding with DBS Bank.

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

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

Enjoy 5X benefits with curated offers, lifestyle memberships, and annual savings on your debit card usage

Savings Account Customised for Individual Needs

Everyone saves for different reasons. Some want to grow their money. Others want better control or added perks. DBS Bank has options for all types of bank accounts, so you can choose what fits your needs. You can open a digital savings account in just a few steps. No paperwork. No branch visit. Open your savings account online anytime, from anywhere. Check the table below to see what each account offers.

Features	Growth Savings Account	Growth Plus Savings Account	Growth Max Savings Account
Best for	Everyday savings & banking	High-yield savings & financial insights	High achievers seeking premium benefits
Minimum Balance Requirement	INR 10,000	INR 25,000	INR 1,00,000
Interest Rate	Upto 5.00%	Upto 5.00%	Upto 5.00%
Exclusive Debit Card Benefits	Yes	Yes	Yes
Complimentary Lounge Access	No	No	Yes
Zero Charges on Transactions	Yes	Yes	Yes
Wealth Management	No	No	Yes

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Digital Savings Account Interest Rates

DBS Bank offers competitive savings account interest rates to help you grow your funds while enjoying the convenience of digital banking. The interest you earn is based on the balance maintained in your account, as outlined below:

Savings Account Interest Rate (Domestic)
Balance in Savings Account	Interest Rate Per Annum
Up to Rs.2L	2.50%
Above Rs.2L and up to Rs.50L	5.00%
Above Rs.50L	4.00%

Enjoy higher earnings on your deposits while managing your money with ease through your DBS Bank Digital Savings Account.

Note:

The above interest rates are effective from Oct. 24^th, 2025. Interest is calculated on the daily closing balance and paid quarterly, or as determined by the Bank from time to time. Rates are subject to change at the discretion of DBS Bank and/or as per regulatory guidelines issued by the RBI.

DBS digibank app – Your All-in-One Banking AppOpen a savings account online in minutes. No branch visits. No paperwork. The DBS digibank app gives you access to over 250 services. You can manage money, pay bills, invest, and apply for loans. Track spending and set budgets with smart tools. Send money abroad quickly with zero bank fees and great forex rates. Everything you need is in one app.Eligibility and DocumentationYou can open a digital savings account with DBS Bank if you meet the following criteria:Eligibility CriteriaYou can open a digital savings account with DBS Bank if you:

Are a resident Indian

Are 18 years or older

Maintain necessary Monthly Average Balance (MAB)

Have a valid Aadhaar and PAN card

Documents RequiredOnly Aadhaar card and Pan cardHowever any one of the following documents can be used for opening account at any of our branches

Aadhaar Card

Voter ID

Passport

Driving Licence

NREGA Card

Additionally

PAN Card

Or Form 60

Passport-sized Photographs

Two recent photos

Account Opening Form

Fill and submit at any of the DBS Bank Branches

Once verified, your savings account will be activated.How to Open a Digital Savings Account?Opening a DBS Bank digital savings account is quick and simple. No branch visits. No paperwork. Just follow these steps.

Download the App or Visit the Website
Download the digibank by DBS app on your phone or visit the DBS Bank website.

Fill the Online Form
Enter your personal details to start your digital savings account application.

Keep PAN and Aadhaar Ready
These are needed for your online KYC process.

Complete Video KYC or biometric authentication at our branches
Use your phone or laptop with a camera to finish your KYC through a quick video call or visit a branch

Once verified, your account is active. You can deposit money and make payments through the app or website.Fees & Charges for Opening a Digital Savings AccountBefore you open a digital savings account, it’s helpful to know the key charges. With a DBS Bank digital savings account, you need to maintain a Monthly Average Balance (MAB) as per product variant selected. If the balance falls short, a non-maintenance fee of 6% of the shortfall (up to ₹500) is charged. Debit card replacement, annual card fees, and charges for international ATM usage may also apply.For the complete list of charges and the latest updates, visit the DBS Bank Savings Account Fees and Charges.

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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.

What are the Benefits of Digital Savings Account.?

A digital savings account offers convenience, 24x7 access, secure transactions, and paperless banking. You can also enjoy all the standard benefits of a savings account, including interest earnings and fund transfers.

Do I need to visit a branch after opening a Digital Savings Account?

Do I need to add a nominee for my Digital Savings Account?

Can a Joint Account be opened under Digital Savings Account?

I completed VKYC for my account but I am unable to complete my application

My application was rejected in Video KYC, am I eligible to apply again?

How can I upload my signature for this account?

Which debit cards will I get with my Digital Savings Account?

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

Can I obtain loans with a Digital Savings Account?

Yes. DBS Bank allows eligible customers to apply for personal loans directly through the app linked to their digital savings account.

Can I make investments with DBS Bank?

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

Your debit card comes with cashback offers, lifestyle rewards, and international usage. It also includes core benefits of a digital savings account, like secure ATM access and online payments.