Rates and Fees

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Annual Interest Rates For Savings Account

Note:

1. *Interest rate revised as above w.e.f. 9 th May 2025.
2. Interest will be paid at quarterly rests or on any other rests as the Bank may decide from time to time.
3. Interest will be calculated on daily available balance or as required by the regulator or as a result of banks own decision.
4. Rate of interest is subject to change from time to time at the discretion of the Bank and/or in accordance with directives from RBI

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If the balance in the Domestic savings account is 1 Crores 50 Lakhs, then the Savings Account Interest will be calculated as follows:

Deposit Interest Rates

Rates with effect from 04^th July 2025

*RDs applicable from 91 days onwards

*For 600 days tenor RD rates are not applicable

*Custom tenor for RD should be multiples of 3 months

Tenor	FIXED DEPOSIT		RECURRING DEPOSIT
	Regular	Senior Citizen	Regular	Senior Citizen
7 days	2.75%	2.75%	-	-
8 days	3.25%	3.25%	-	-
9 days & up to 14 days	2.75%	2.75%	-	-
15 days & up to 29 days	3.75%	3.75%	-	-
30 days & up to 45 days	3.50%	3.50%	-	-
46 days & up to 60 days	4.00%	4.00%	-	-
61 days	4.75%	4.75%	-	-
62 days & up to 90 days	4.00%	4.00%	-	-
91 to 180 days	4.25%	4.25%	4.25%	4.25%
181 days	5.50%	6.00%	5.50%	6.00%
182 to 189 days	5.80%	6.30%	5.80%	6.30%
190 to 269 days	5.80%	6.30%	5.80%	6.30%
270 to less than 1 year	6.00%	6.50%	6.00%	6.50%
1 year to 375 days	6.30%	6.80%	6.30%	6.80%
376 days to 540 days	6.55%	7.05%	6.55%	7.05%
541 days to 599 days	6.55%	7.05%	6.55%	7.05%
600 days	6.55%	7.05%	-	-
601 days to less than 2 years	6.50%	7.00%	6.50%	7.00%
2 years to less than 2 years 6 months	6.40%	6.90%	6.40%	6.90%
2 years & 6 months	6.40%	6.90%	6.40%	6.90%
2 years 6 months 1 day to less than 3 years	6.40%	6.90%	6.40%	6.90%
3 years and less than 4 years	6.40%	6.90%	6.40%	6.90%
4 years to less than 5 years	6.40%	6.90%	6.40%	6.90%
5 years and above	6.25%	6.75%	6.25%	6.75%

Tax Saver Deposit Interest Rates

Account Maintenance

	digital Savings account	digibank e-wallet	digibank Prime
Monthly Average Balance (MAB)	INR 10,000	–	–
Monthly charges for non-maintenance of balance	4% of shortfall up to INR 400	–	–
Account closure (within 6 months of opening)	Free	–	–
TRV	–	–	INR 200,000
Quarterly charge for TRV non maintenance	–	–	1% of shortfall (Max INR 500)

**Note referring to:

• Total Relationship Value (TRV) is calculated by aggregating the average monthly balance of savings accounts and the end-of-period term deposits and investments across all accounts in a family.

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Debit Card and ATM

	digital Savings account	digibank e-wallet
Debit card replacement (lost, stolen, damaged)	INR 150	–
Debit card annual fee (second year onwards)	Classic, Platinum: INR 150 Signature: INR 299	–
International cash withdrawal	INR 125	–
International balance enquiry/non financial	INR 25	–
DBS Bank ATM – Cash Withdrawal	Free	–
DBS Bank ATM – Domestic balance enquiry / non-financial transactions	Free	–
Non-DBS Bank ATM – Cash Withdrawal	Bal < INR 2 lacs: Metro - First 3 txns / Non-Metro - First 5 txns (Free) Bal > INR 2 lacs: Metro / Non-Metro - First 10 txns (Free) INR 20 (beyond free limit till 31st Dec 2021) W.e.f. Jan 1st , 2022, charges of INR 21 will be applicable, beyond the free withdrawal limits	–
Non-DBS Bank ATM – Domestic balance enquiry / non-financial transactions	Bal < INR 2 lacs: Metro / Non-Metro - First 7 txns (Free) Bal > INR 2 lacs: Metro / Non-Metro - First 10 txns (Free) INR 8.5 (beyond free limit)	–
FX Markup	0%	–

**Please also refer to the Important Points to Note.

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Payment Services and Fund Transfer

	digital Savings account	digibank e-wallet
IMPS	Free	–
RTGS	Free	–
NEFT	Free	–
UPI P2P	Free	–
Credit to account from an overseas bank / International credit	Free	–
Cashier’s order / payment order / payable at par demand draft	INR 30	–
Revalidation / reissuance of payment order / demand draft	INR 30	–
Cancellation of DBS payment order / demand draft	INR 100	–
Cheque return charges	INR 200	–
ECS / NACH / eNACH return charges	Free	–
Standing Instruction creation	Free	–
Amendment of Standing Instruction	Free	–

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Demand Draft (DD) Issuance Fees

	Fee	Limits
At an RBI location	0.05%	Min. 75 Max. 2000
Non-RBI location (correspondent bank Cat I)	0.10%	Min. 75 Max. 2000
Any other location not covered by the correspondent bank – purchase	0.25%	Min. 75 Max. 2000
Cancellation of correspondent bank DD	INR 100
Revalidation/reissuance of DD – per instruction	Cancellation charges INR 100 + DD issuance charges as given above
Stop payment for lost DD – per instrument	Free
DD issuance in foreign currency	0.10%	Min. 550 Max. 2000
Cancellation of foreign currency DD	INR 750
Courier charges	Domestic - INR 50; Overseas - INR 1000
Remote location payment – payable at correspondent bank location	INR 30 + Courier charges, if any

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Other Services

Ad-hoc balance / TDS / Interest certificates and Miscellaneous certificates	Free
Duplicate account statement	Free
Telex / Swift Inquiry	Free
Postages (Regd Post)	Actuals
Investments in Mutual Fund through digibank – Transaction Fees*	Free
Internet Banking services	Free

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Remittances Fees and Charges

Please note below charges for online outward remittance / overseas transfer for following currency and country combinations.

*Please be aware that additional charges may be applied by intermediary or correspondent banks in certain cases.

^#GST (Goods and Services Tax) will be applied to the converted gross INR amount. This charge will be deducted from the amount to be paid to the beneficiary. Below is the slab-wise GST structure and calculation for your reference.

Gross amount of currency exchanged	Derived Value on which GST will be charged	GST on derived Value (for rate@ 18% w.e.f July 1, 2017)
Up to INR 100,000	1% of gross amount exchanged, subject to minimum amount of INR 250	INR 180 (For exchange amount of INR 1,00,000)
From INR 100,001 to INR 10,00,000	INR 1,000 for Exchange amount of INR 1,00,000 plus 0.5% on remaining amount exchanged	INR 990 (For exchange amount of INR 10,00,000)
Above INR 10,00,000	INR 5,500 for Exchange amount of INR 10,00,000 plus 0.1% on remaining amount exchanged, subject to maximum of INR 60,000	INR 1,170 (For exchange amount of INR 20,00,000)

Return charges

If a payment is returned or rejected by the beneficiary bank, return charges, including any correspondent banking fees, will be applied. The net amount, after deducting these charges, will be credited back to your account at the prevailing exchange rate.

Other charges - Some banks may impose a tracer fee. If a payment tracer is requested by the customer, the applicable charges will be levied by the intermediary, correspondent bank, or partner.

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**Important Points to Note:

1. All monetary values are given in Indian rupees, unless otherwise specified.
2. Charges will be applied based on the extent of the shortfall in the balance. For example, if the required Monthly Average Balance (MAB) is INR 10,000 and the actual balance maintained is INR 4,000, the shortfall is 60%. Therefore, the charge will be 60% of the applicable fee (e.g., 60% of INR 400 = INR 240). If the charge for the shortfall is less than Re. 1, it will be rounded up to a minimum of Re. 1.
3. The bank will levy Goods and Service Tax (GST) in addition to all other charges.
4. The bank reserves the right to change these rates or charges or re-negotiate them depending on the relationship with a customer.
5. Please go through the bank’s website, dbs.com/in, for the updated commission structure payable to the Bank by AMCs for different competing schemes of various Mutual Funds.
6. For corporate employees, charges such as the monthly average balance, debit card annual fee, and ATM transactions may be waived based on the overall relationship consideration for the Corporate.
7. Total Relationship Value (TRV) encompasses all family accounts and is calculated by summing the average monthly balances of savings accounts along with the end-of-period term deposits and investments.
8. For customers maintaining TRV >= INR 2 Lacs, charges will not be levied for monthly account balance, debit card annual fee, ATM transactions, and payment services.
9. Customers with a digital savings account who have an outstanding loan product (personal or mortgage loan) with DBS will not incur charges for non-maintenance of the monthly average balance. After the loan account is closed, customers must maintain the required minimum monthly average balance. Failure to do so will result in the appropriate charges being applied as specified above.
10. If there is insufficient balance in your account, the bank will be unable to recover the applicable fees and GST. GST-related details will be available in your bank statement.
11. Debit Card Annual Fee for a particular year will be waived off if a customer spends INR 50,000 or more in a membership year (one year from the date of issuance of the card) on the digibank debit card. Spends include domestic as well as international merchant transactions carried out on the digibank debit card either via online channels or at a physical POS. Spends do not include ATM withdrawals.
12. Charges such as the monthly average balance, debit card annual fee, and ATM transactions will not be levied for empaneled corporates and/or customers receiving salary credit.
13. Charges for customers with 'Financial Inclusion' accounts (such as BSBDA, Small Accounts, PMJDY) or 'Rural Accounts' will be governed by the Schedule of Charges applicable to their specific account type

For the most up-to-date fees and charges for all Savings Accounts, please click here.

The rates and fees listed are effective from April 1, 2021.

• To view the schedule of benefits from October 1, 2020, to March 31, 2021, please click here.
• To view the schedule of benefits prior to October 1, 2020, please click here.

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