Development Credit Bank, or DCB is a scheduled commercial bank with modern infrastructure that includes internet or online banking for both individual and business customers. Individuals can meet their diverse banking needs with a variety of DCB Bank savings account options provided by the bank.
Here we will talk about the different types of DCB Bank Savings Account, features and types. But before that, let us first understand the latest DCB Bank Savings Account Interest Rates.
Balances |
DCB Bank Savings Interest Rate |
Rs. 1 lakh |
2.25% |
Rs. 1 lakh - Rs. 2 lakh |
4.00% |
Rs. 2 lakh - Rs. 5 lakh |
5.00% |
Rs. 5 lakhs - Rs. 10 lakhs |
6.00% |
Rs. 10 lakhs - Rs. 25 lakhs |
6.75% |
Rs. 25 lakhs - Rs. 2 crores |
7.00% |
Rs. 2 crores - Rs. 50 crores |
5.50% |
More than Rs. 50 crores |
5.00% |
Opening a savings account in DCB Bank is very simple and hassle-free. You have the option of opening a savings account online. All that you will have to do is fill out the online application form on the DCB Bank website with your information. After that, print your application form, sign it, and send it to your nearest DCB Bank branch, together with self-attested copies of your KYC documents.
You can also visit your nearest DCB Bank branch with your KYC documents to open a savings account with DCB.
All resident individuals of India are eligible to open a savings account with DCB Bank.
Opening Charges |
Rs 5,000 |
Cheque Issued and Returned Charges |
Rs 500 per instrument |
Cheque was deposited and returned with unpaid charges |
Rs 100 per instrument |
ECS Returns |
Rs 500 |
Cheque Book Request Charges |
Rs 2 per leaf |
Stop Payment Charges |
Rs 50 per cheque |
Loss of Cheque Leaf Charges |
Rs 5 per leaf |
Charges for DD non-cash transactions above the free limit |
Re. 1 for 1000 transactions |
Cash Transactions |
Rs 300 per instrument |
Visa Money Transfer |
Rs 25 per transaction |
Demand Draft / Pay Order Cancellation / Revalidation Charges |
Rs 50 per instrument |
Issue of duplicate Demand Draft |
Rs 50 per instrument |
Charges for Non-maintenance of Balance |
Rs 699 |
Charges for cash transactions at the branch |
Rs 50 per transaction |
Physical monthly statement |
Rs 200 p.a |
Following are the various types of Savings Accounts that can be opened at DCB Bank-
Every purchase you make with your DCB CashBank debit card earns you a cashback of up to Rs. 6000 each fiscal year. This benefit is exclusively available to DCB CashBack Savings account holders.
The DCB Elite Savings Account is a one-of-a-kind account for privileged customers. This account is chock-full of powerful advantages and cutting-edge services. Account holders have the option of selecting any number they like as their bank account number.
Your account number is 14 digits long, and you can choose the last eight digits. You can earn up to Rs.20,000 in cashback every year in your account.
The DCB Privilege Savings Account promises account users optimal ease, flexibility, and returns.
Customers must keep a minimum balance of Rs. 5 lakhs. However, this balance can be kept in any combination of his/her savings account, fixed deposits, and mutual funds/insurance offered by DCB Bank. If you have an average quarterly balance of Rs.50,000, you can earn up to Rs.6,000 in cashback.
A simple, no-hassle account with no minimum balance requirement. The account includes basic banking services as well as savings account features.
An account that is simple to manage offers a plethora of rewards and has all of the fundamental features of a conventional savings account. You can use this account for transactions with the simple requirement of keeping a minimum balance of Rs. 5000.
DCB Bank recognizes that opening an account is a joyous experience for each customer. The bank pays you with each transaction you make with this account to make the occasion even more spectacular, memorable, and profitable for customers.
Maintaining an Annual Quarterly Balance of up to Rs.1 lakh might earn you up to 5.65% p.a. in your account. You can also get cashback when you use your DCB debit card, as well as 3.25% of your savings account balance.
The minimum balance required in each form of DCB savings account is determined by parameters such as account type, deposit duration, and so on. As a result, it may differ from one form of savings account to the next. The detailed table below explains the minimum balance that must be kept in each type of savings account.