Mobile Transfer Program for Corporate Employees

Frequently Asked Questions

It is an incredible initiative for our valued corporate customers. Get your colleagues to experience digibank with an enhanced Mobile Transfer Program, crafted exclusively for you! It helps our existing customers to invite their colleagues to experience the digibank proposition. 
Here’s how it works: Get your colleagues to open a new digiSavings account and once they’ve spent ₹2,000 using their physical digibank Debit Card, you will receive ₹250! And that’s not all - your colleague earns ₹250 cashback too. Also, once your colleagues get their salary credited in the newly opened digiSavings account, you both get ₹250. All of this is valid only for the first 45 days of opening a digiSavings account.


The program is from 3rd June, 2019 till 31st December, 2019 (both days inclusive).


You can transfer funds to all your colleagues from the same organisation who are over 18 years old to open a digiSavings account. In case your colleague is an existing digibank account holder (e-wallet or digiSavings) and it is before the launch of the program, you will not be eligible for any incentive.


Transfer money (Re. 1 onwards) to your colleague using ‘TRANSFER TO’ > ‘ADD NEW PAYEE’ > ‘PAY TO MOBILE’ option in the digibank app & then transfer it by using the mobile number of your colleague during the Mobile Transfer Program Period.


Well, there are no limitations on the number of colleagues you may want to transfer funds & invite under this program. However, the maximum number of successful credits is 20 per calendar month e.g. if the program is launched on 15th July, you will get credit for 20 successful colleagues availing this offer for the Calendar month i.e. till 31st July post that day the new calendar month will start till the end of next month. The incentive is payable only for successful conversion to digiSavings account and spend of ₹2,000 or more within first 45 days of opening a digiSavings account. Additional incentive of ₹250 is payable once the colleagues gets their salary credited in their respective digiSavings account within first 45 days of opening the digiSavings account. DBS Bank India Limited reserves the right to debit your account at its sole discretion in case credits/cashback posted in a customer’s digiSavings account exceed 20 (twenty) number of eligible Mobile Transfers per calendar month.


Only the existing digiSavings account holders under the Corporate Employee Program (customers who get their salary credited in their digiSavings account), of select organisation, can be a part of this program.


Existing digiSavings customers can earn upto ₹500 by transferring funds to their colleague who is not a digibank customer under this program. The maximum incentive which can be earned under this program is ₹10,000 per calendar month, e.g. if you have successfully transferred funds to your colleagues who are not digibank customers and they have availed the offer by spending ₹2,000 using physical digibank debit card within first 45 days of opening a digiSavings account, your incentive will be 20*₹250=₹5,000. Additionally, if your colleagues get their salary credited in their respective digiSavings within first 45 days of opening a digiSavings account, your incentive will be 20*₹250=₹5,000. So, in total you can earn upto ₹10,000 every month under this program.


The fixed incentive of ₹250 will be credited in digiSavings account of the eligible customer within 15 working days of the colleague completing debit card transaction of ₹2,000 during the Mobile Transfer Program Period. Your colleague will also be eligible for a cashback of ₹250 on transacting minimum of ₹2000 or more in one or more transactions on his / her physical digibank Debit Card within first 45 days of opening the digiSavings account. Additional incentive of ₹250 will be credited in the digiSavings account of the eligible customer & his / her invited colleague, if the colleague gets his / her salary credited in his / her respective digiSavings account within 45 days of opening the digiSavings account. This cashback will be credited with 15 working days from the day of salary credit.


Yes, your colleague is eligible for a cashback of ₹250, just by transacting minimum of ₹2,000 or more with his / her physical digibank Debit Card within first 45 days of opening a digiSavings account. Your colleague will also be eligible for an additional cashback of ₹250 once he / she gets his salary credited in his / her digiSavings account with 45 days of opening the digiSavings account.


Cashback will be credited to your colleague’s digiSavings account within 15 working days from the date of completion of transactions worth ₹2000, through POS/ ePOS (i.e. transactions at merchant outlet and online transactions) using digibank debit card. Additional cashback of ₹250 will be credited to your colleague’s digiSavings account with 15 days of salary credit in his / her digiSavings account.



No, your colleague should not be an existing digibank account holder under digibank Mobile Transfer Program.


Your colleague should open the digiSavings account within 15 days of receiving the mobile transfer from the digibank existing customer, else the money will be credited back to the customer’s account.


Post 15 days of the fund transfer, you will not be eligible for any incentive even if your colleague were to open a digiSavings account during the Mobile Transfer Program Period.


Only colleagues who is invited through the digibank Mobile Transfer Program by existing digibank customers under the corporate employee program of select organisations, are eligible for this program.


Debit Card transactions for funding wallets will not be considered a transaction for earning cashback under this program. Customer will get cashback only on purchase transaction on POS/e-POS (i.e. transaction at merchant outlet and online transaction) made using digibank physical debit card within 45 days of opening digiSavings account. Any transaction to fund a digibank (wallet or savings account) using digibank Debit card, cash withdrawals at ATMs or DBS Bank branches, void transactions, tax payments or mutual fund purchase will not be considered as a spend under this Program.


Tax liability arising from the Mobile Transfer Program, if any, will be solely borne by the Customer/Colleague. The Bank will have the right to deduct TDS as per existing regulations.