Hello guys, today I am going to share my opinion about digibank brought up by DBS.
There are many cons and pros about using this bank as your daily bank.
First of all, you can not send or transfer funds or withdraw more than 1 lakh from ATM’s or through digibank app( if you had opened your account through aadhar card OTP)
Also if you want to make a demand draft or cheques for your collage fees or for your benificiary then you can’t do so with digibank.
Above all you can not use two digibank account or check balance in the same phone, even if you want to creat a new account for your mom and dad you can not open in the same phone in which your account was opened.
Actually there are lots of limitations in digibank terms and conditions which makes its user seek for other banks.
So that was my experience about digibank no strings attached.
Write your’s experiences as well in the comment section below, I would loved to read it.
THANK YOU.