This is the first digital wallet based bank which has come to existence in recent times.
Technology is shifting towards mobile based banking and app instead of laptop / in person banking.
I recently opened my bank account using dbs and let me tell you it was hassle free.
Things which you require to open the account:
Adhaar Card & Pan Card. For Ekyc ( Electronic Verification )
Once you install the app you can schedule the appointment with dbs employee which will come to your desired place and time and will autheticate your identity based on your fingerprint which is enrolled in Adhar.
Once that is done you will can place your request for the physical debit card and bingo your account is open.
Good things about this is:
Interest rate which you get in this account is better than any other bank.
Transfer of fund using Neft/imps can be done without any extra charge.
You can take out money from bank inumerous times. They will not charge you anything.
Referall program can make you earn money as well.
Verdict:
You can have this account as an extra account for your savings.