All In One Banking with DBS
23 Nov 2021

All In One Banking with DBS

What constitutes the Best All in One Bank – An overview

Key Takeaways

  • An All-in-One Bank is a bank that offers one-stop solutions for all your financial needs.
  • Such banks allow you to open your accounts remotely.
  • They enable seamless domestic and international fund transfers.
  • Lines of credit such as Personal Loans are instantly available with competitive interest rates.
  • You can also make Mutual Fund investments from top Fund Houses through such banks.

Remember your childhood days, when you used to tag along with your grandparents to the bank and wait in long, seemingly unending queues, simply to withdraw cash and update passbooks? But the banking sector has come really far in the last decade alone. Children born in the past decade may have hardly stepped foot in the bank and may not need to for years on end. Of the many banks in India, DBS Bank is one of the few to provide All-in-One Banking facilities. Let us understand what makes it one of the best.

DBS Bank - An All In One Bank

DBS Bank provides all financial services under one roof, making it an ‘All-in-One Bank’. You can access these banking services through digital and online modes. Besides a regular Current and Savings Account, the bank offers privileged and high-yield Savings Accounts, Fixed and Recurring Deposit products, International ATM-cum-debit cards, and internet and mobile banking channels. We also offer Mutual Fund investment schemes, Personal Loans, domestic and international fund transfer facilities, and more.

Essentially, the best All-in-One Bank, DBS Bank empowers you to conduct all your transactions in-house, without your having to go to other financial institutions for your investments and fund requirements.

What makes DBS Bank the Best All-In-One Bank

With DBS Bank All-in-One banking app, you can enjoy exceptional features and benefits. The characteristics that make this app are as under. DBS Bank:

  • Allows you to Open an account by downloading the All-in-One Banking app.
  • Allows you to earn interest on your Savings Account deposits
  • Comes with low minimum balance maintenance of INR 5000 for regular accounts.
  • Provides contactless debit cards and cashless payment facilities.
  • Allows free withdrawals at own and other bank ATMs
  • Provides discounts and cashback on various kinds of online and merchant store purchases.
  • Provides international access on credit and debit cards
  • Enables foreign transfers at zero fees and levies a preferential currency conversion rate.
  • Allows you to set billers for your various utility bill payments and recharge devices in seconds.
  • Sends alerts on fund transactions, loan EMI and credit card payments.
  • Provides instant and paperless Personal Loans with fast-track fund disbursals.
  • Empowers you to invest in stock market securities and high-rated Mutual Funds from the top Fund Houses.
  • Offers exclusive access and bespoke privileges along with premium debit cards.

How To Open the best All-In-One Banking Account?

Follow these simple steps to open your All-in-One DBS Bank Savings Account

  1. Download the DBS Bank mobile application.
  2. Select your preferred account.
  3. Upload scanned copies of your PAN Card, ID and address proof to complete the KYC process.

DBS Bank will process your details instantly, after which you can enjoy all the online services with internet banking. The bank also sends you your welcome kit at your home address within a few days.

Conclusion

With more and more people embracing technological advancements, the banking sector will only keep evolving. So, download the DBS Bank app all-in-one banking app to enjoy a world of exclusive banking privileges.

Download digibank today to experience the benefits of digital savings account

*Disclaimer: This article is for information purposes only. We recommend you get in touch with your income tax advisor or CA for expert advice.