Conduct your daily business banking activities easily and conveniently
Carry out your daily business banking needs with an account that is easy to open and simple to manage. Our Business Accounts offer a comprehensive range of services designed to help you grow.
Why choose DBS Business Accounts?
We have three types of Business Accounts to meet the challenges of your business banking needs:
Business Entrepreneur Account – Ideal for day-to-day banking transactions for your business. An average balance of INR 100,000 per quarter is required
Business Edge Account – Suitable if you require multiple transactions and need to stay in touch with us regularly regarding your account status. An average balance of INR 500,000 per quarter is required
Business Edge Preferred Account – Highly recommended for businesses that expect the utmost in banking products and services to match your business banking demands. An average balance of INR 1,000,000 per quarter is required
We also do offer Fixed Deposit Accounts where you can earn higher interest for your surplus funds.
In order for us to better understand the nature of your business, we do require a face-to-face meeting with you before we can open your Business Account.
Yes, a minimum balance must be maintained if you open an INR account. Exchange Earner’s Foreign Currency (EEFC) accounts that are opened in foreign currency require no minimum balance.
A fall-below fee will be deducted if your average quarterly credit balance is less than the minimum quarterly balance requirement. For more information, please refer to our pricing guide.
Your end-of-day credit balance is tracked throughout each quarter of the year (every three months). These balances are then added together and divided by the number of days in the quarter in order to determine your average daily balance. If your average quarterly balance falls below the minimum balance requirement for the account, then a fall-below fee will be deducted at the end of each quarter.
Business accounts function as current accounts and do not offer interests, as recommended by the Reserve Bank of India (RBI).
There are no limits to the number of transactions per day.
How do I apply?
Simply visit us at any of our Branches and our Relationship Manager will be glad to assist you.
Apply for a DBS Business Account online in just 5 minutes and enjoy tailored, industry-specific solutions.