Revolutionize Banking with DBS Bank

Banking globally has seen remarkable and significant turnaround when we talk about how banking is done these days, especially in this era of technology. I am myself a digital banker when it comes to core banking like money transfer thought IMPS or RTGS, atm withdrawal, issuing of account statement or maybe paying my bills. Now that everything is online and on the go, why waste time visiting the bank and waiting in long queue, when you are provided with the same service through online banking or app based banking.

On a contrary, one fine day, you decide to open a bank account to secure your hard earn money or save for you dream vacation, car or maybe a house, and once you know of the paper work and hassle involved in opening an account, you start to think otherwise, why is that so? I feel that in India to what I know and through past experiences, opening a bank account is not that easy, considering the technological advances, banking in India still lacks in adopting the technological advances when it comes to the KYC (Know your customer) process. For instance in a typical situation if you want to open an account, you will require to:

  • Fill a good 4 page form
  • 2 photos
  • 1 photo identity
  • pan card copy
  • 1 residential proof

So in all, a good time is occupied in doing all the formalities and paperwork, which can be fast tracked through loads of different technological advances which are adopted by other Asian countries.

Guess what! Recently I was searching for a Bank where I can open an account which had “no minimum balance maintenance” quarterly charges, and had all the banking core services included at no extra cost, though it was long struggle to find any, finally I came across DBS Bank, yes!


DBS Bank  which is  Singapore’s best, Asia’s Safest titled, has been in the banking industry for around 4 decades and it has evolved with time and been adopting future ready banking technology with times.

With DBS bank’s new digibank program, opening “no minimum balance maintenance account” is possible, apart from that the star feature of DBS Digibank is that you can open a saving accounts hassle free and conveniently from where you are, the first step involves registering for the DBS e-wallet, now what this e-wallet does is makes paying much more easier, may it be phone/electricity bills to making a recharge to online shopping. After the e-wallet registration you can convert you e-wallet into a digital account without paperwork or signatures! Yes, you heard me right  for authentication   all you need is your Aadhaar no., PAN CARD and biometric for authentication, after that visit one of their many partner stores or call them to meet you at a place of your convenience.  It truly is a live more, Bank Less moment, once you have completed the simple process and start enjoying the bounty of banking services which they have to offer.

Digor the Dinosaurs (which is the DBS digibank Mascot)  survived extinction and embraced digibank by DBS Bank, which not only allows him to bank virtually 24X7, it also provides many bounties like 7% interest on saving a/c and host of freebies and coupons for online shopping sites.


Apart from that we will be seeing our own legendary cricketer Sachin Tendulkar associated as brand champion with DBS Bank’s Digibanking program.


A significant top up in security is their feature where no OTP (One time password) is required, thou   a better security is assured which is powered by automated authentication, safer than OTPs. So rest assured, the money is in safe hands.

To add some topping to all the above, they are also offering a 7% interest on saving and 10% cashback on shopping from a wide range of online merchants.

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