Fixed Deposit Incentive

Fixed Deposit Incentive

Offer: Book a Fixed Deposit of INR 50,000 or more (“FD”) for a tenure of 1 year or more during the offer Period and set FD Maturity to “Re-Invest it all in another deposit” and get a Flipkart Voucher worth Rs. 250 (“Voucher”).

Offer Period: Offer starts on 18th November 2020 at 00:00:00 AM and ends on 30th November 2020 at 23:59:59 PM.

Eligible Customers:

  1. Customers who have opened digiSavings accounts using biometric verification.
  2. Customers whose DigiSavings Account is not closed or frozen and
  3. Customers who have booked FD during the Offer Period and continue to maintain the FD till 90 days after the Offer Period ends.

Terms and Conditions:

  • This Offer is brought to you by DBS Bank India Limited (“DBS Bank”)
  • Eligible Customers will get the Vouchers within 90 days after the end of the Offer Period, on their registered mobile number or primary email address associated with their DBS Bank account.
  • Customers who do not keep the FD of minimum INR 50,000 active till the end of the Offer Period or prematurely close the FD, will not be eligible for the Offer.
  • Eligible Customers will be rewarded only once with a Flipkart Voucher of Rs.250/- if multiple FDs of Rs.50,000 are booked during the Offer Period
  • Usage of Flipkart Voucher is subject to Flipkart applicable terms and conditions associated with the Voucher.
  • DBS Bank shall not be held liable in any manner whatsoever for any loss or damages howsoever arising in connection with the usage of the Voucher.
  • Flipkart is solely responsible for any inquiries and complaints in relation to the Voucher.
  • Premature Closure: DBS Bank shall allow withdrawal of FD prior to the date of its maturity. The interest on prematurely withdrawn FD will be paid for the period that such FD is held, at the rate prevailing on the date of placement of such FD or the contracted rate, whichever is lower, subject to a deduction of a 1% penalty. Any recovery of interest already paid shall be adjusted from the proceeds of such FD. General terms and conditions for Fixed Deposits shall be applicable in entirety on all FDs booked under the Offer. A copy of which can be found at https://www.dbs.com/digibank/in/app/terms-and-conditions-for-digibank-term-deposit.page
  • DBS Bank reserves the right to modify, cancel, extend or discontinue the Offer, and/or these terms and conditions or any part thereof at any time without prior notification.
  • Customer consents to DBS’ collection and use of your personal data and the use and disclosure of your personal data by/to third parties for the purpose of the Offer. You agree to the terms of the DBS Privacy Policy, a copy which can be found at https://www.dbs.com/digibank/in/privacy-policy.page.
  • This Offer is voluntary and by participating in the Offer, you are deemed to have read, understood and accepted these Terms and Conditions.
  • This Offer will be governed by the laws of India and shall be subject to the jurisdiction of courts in Mumbai.
  • DBS Bank reserves the right to disqualify any Eligible Customer from the benefits of this Offer if any fraudulent activity is identified as being carried out for the purpose of availing the benefits under the Offer terms and conditions 
  • Employee of DBS Bank and their relatives will not be eligible to be a part of this Offer
  • All issues pertaining to this Offer to be raised within 90 days from the last day of the Offer fulfillment. If any dispute or complaint or query raised after 90 days, then the same will not be entertained.
  • Customers can email us their concerns at [email protected]