DBS Bank Hikes Savings Account Interest to 5.5% on Deposits Between ₹5–50 Lakh: Check Full Rates

A big relief has been given to the customer of DBS Bank India. The interest for the domestic customers’ saving account has been increased to 5.5% and only on the deposition of amount 5 lakh rupees to rupees 50 lakh. The rate of interest is available to both President and non resident account holder full stop the bank is climbing that they are providing almost the double rate then many other banks.

Saving account for Domestic

Upto Rs 2lakh :- 2.75% P.A.
Rs 2lakh to Rs 5 lakh: 3.25% P.A.
Rs 5 lakh to Rs 50 lakh : 5.5%P.A.
Above Rs 50 Lakh : 4% P.A.

NRI Saving Account

Upto Rs 2lakh: 2.75%P.A.
Above Rs 2Lakh : 3%P.A.

The customer can use Digibank app to open a fresh account in this bank for high interest rate, which supports over 250 banking services.

In the year 2024 the bank has provided an online solution through which the NRI can open the account in this bank digitally within an hour.