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Digibank by DBS

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3.0

Summary

Digibank by DBS
Praveen Singh@punshul
Aug 13, 2017 01:09 AM, 12368 Views
(Updated Aug 13, 2017)
LOVE THIS REVOLUTIONARY BANKING SYSTEM

DBS bank has launched it’s digi bank a revolutionary banking systemDBS bank is a multinational bank from Singapore , it was named Developement bank of singapore before 2003 but later on, after 2003 it was renamed as DBS bank, .   ’DBS bank offers a wide range of features Digi is a part of that Digi bank is a mobile application based bank, It allows user to use banking service throw mobile by opening an e-wallet the user can turn into saving account from e-wallet to enjoy fully banking service, It gives user a virtual debit card which user can use for online card transactions After upgrading to saving account one can apply for physical debit card DBS bank offers much better saving account service then others, there is no limit for atm transactions and it offers 7% interest on quarterly basis whereas other offers 5-6% interest p.a. The physical debit card has visa wave technology , which makes payment more easy and effortless User needs a PAN CARD and an ADHAAR CARD to open digi bank saving account Digi bank has following cons and prosPros#Offers 7% quarterly interest#No limits for atm withdrawals#No minimum balance required#Paperless verification and payment methods#Has visa paywave technology#Provides virtual assistances 24/7 for any queriesCons: -#No branch for cash deposits , user can only deposit cash from other banks

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