How to Open digibank Savings Account by DBS

DigiBank is perfect bank account which meets all your needs, you can start with an e-wallet in 90 secs and convert to a full digiSavings bank account any time that too paperless, signature less and branchless banking.

Digibank Savings Account has many benefits like you can earn high return with 7% interest, no minimum balance, unlimited free ATM withdrawals and much more. So below we have explained the full process on How to open digibank Savings Account by DBS.

Process on How to Open digibank Savings Account by DBS

As digibank is India’s first paperless, signature less, and branchless bank. You can open digibank e-wallet within 90 seconds, and later on convert the e-wallet to zero balance digiSavings Bank account to earn higher interest rate by using your Aadhaar Number and completing the biometric verification.

• From your smartphone just open App Store and search for digibank by DBS, download and install the digibank by DBS App on your phone.

• Once you finish installing the digibank App, just tap on the app icon to open it.

• Once the app opens, just tap on signup button and register an account.

• Once you finish registering your account, just tap on login button and login by entering your credentials.

• After you login in, from home screen of the app just tap on Open DigiSavings, a prompt will appear enjoy paperless banking with just few more steps, Just tap on let’s do this.

• On next page you will be asked to enter your 12 digit Aadhaar number, just enter your Aadhar Number correctly and tap on next button.

• On next page you will be asked to enter your PAN Card Number, just enter your PAN and tap on next button.

• Next you will have to select your occupation from the list and then you will be asked to select in which industry you belong from the list.

• From next page you will have to select source of income into this account, then your annual salary range and your estimated financial assets.

• On next page you will have to answer few questions this information is needed as per the new KYC regulation from RBI like mother name, father name, marital status and tap on next button.

• In next step you will be asked to pick a nominee just in case of an unforeseen event, on next page you will have to enter nominee name and his or her date of birth and tap on next button.

• Next you will have to enter address of the nominee and tap on next button.

• That’s it the last step will be you will have to visit partner stores near you and complete your fingerprint verification.

• Just tap on let’s go button and find out nearest agent in your location or visit DBS branch or partner store near you to complete the biometric verification.

Once you complete your biometric paperless verification your account will get upgraded to digibank Savings Account and you will be able to enjoy host of benefits. This is how you can open digibank Savings Account by DBS.

Also Check: How to Request digiSavings Debit Card and Activate your VISA debit card