What is DCB Bank Elite Savings Account?
The DCB Bank Elite Savings Account is a premium savings account offering various benefits like cashback on debit card spends, personalized account number, and potential discounts on locker rentals.
Table of Contents
Type of Account | DCB Bank Elite Savings Account |
Minimum average quarterly balance to earn cash back | Rs.50,000 to earn a cashback of up to Rs. 20,000 per annum |
ATM access | Free ATM access to every DCB Bank and Visa enabled ATMs in the nation |
Banking facility | Branch banking, free of cost, at DCB branches across India |
Internet banking | Available absolutely free of cost |
Phone Banking | Available absolutely free of cost |
Mobile Banking | Available absolutely free of cost |
Locker facility | Yes. You can also get a 50% discount on locker fee, if you maintain average quarterly balance of Rs. 1,00,000 |
Eligible Customers | This is a unique type of savings account for privileged customers of the bank. |
Freedom to choose account number | Account holders get the freedom to choose any number, according to their preference, as their bank account number, i.e they can choose the last 8 digits of their account number. |
Calculation of Cashback | 1.60% of your purchases made through the debit card/expenses at visa merchants, forms the cashback you are entitled too. |
Discount on Locker Rent | If you maintain an average quarterly balance of Rs. 1,00,000, then you get 50% discount on the locker fee. Avail the locker facility to keep your valuables safe. |
Daily ATM withdrawal limit | Rs. 100,000 for domestic cards. Limit is the same for international cards. |
Daily POS spend limit | Rs. 150,000 for domestic cards. It is the same limit for international cards. |
Annual fee | Free of cost |
Replacement of card | Free of cost |
Account opening amount | Rs. 50,000 |
Average quarterly balance | Rs. 50,000 |
Charges | DCB Bank Elite Savings Account |
Minimum average quarterly balance to earn cash back | Rs.50,000 to earn a cashback of up to Rs. 20,000 per annum |
ATM access | Free ATM access to every DCB Bank and Visa enabled ATMs in the nation |
Banking facility | Branch banking, free of cost, at DCB branches across India |
Internet banking | Available absolutely free of cost |
Phone Banking | Available absolutely free of cost |
Mobile Banking | Available absolutely free of cost |
Locker facility | Yes. You can also get a 50% discount on locker fee, if you maintain average quarterly balance of Rs. 1,00,000 |
Eligible Customers | This is a unique type of savings account for privileged customers of the bank. |
Freedom to choose account number | Account holders get the freedom to choose any number, according to their preference, as their bank account number, i.e they can choose the last 8 digits of their account number. |
Calculation of Cashback | 1.60% of your purchases made through the debit card/expenses at visa merchants, forms the cashback you are entitled too. |
Discount on Locker Rent | If you maintain an average quarterly balance of Rs. 1,00,000, then you get 50% discount on the locker fee. Avail the locker facility to keep your valuables safe. |
Daily ATM withdrawal limit | Rs. 100,000 for domestic cards. Limit is the same for international cards. |
Daily POS spend limit | Rs. 150,000 for domestic cards. It is the same limit for international cards. |
Annual fee | Free of cost |
Replacement of card | Free of cost |
Account opening amount | Rs. 50,000 |
Average quarterly balance | Rs. 50,000 |
Clearing charges for money transfer within DCB Bank | Free and unlimited |
Outward clearing - any branch | Free and unlimited |
ATM Transaction Charges (at bank ATM) | Cash Withdrawal / balance enquiry - free of charge |
For local cheques deposited and returned (if unpaid) | Rs. 100 |
For outstation cheques deposited and returned (if unpaid) | Rs 100 |
ECS returns Charges | Rs. 500 |
Issuance of loose cheque leaves | Rs. 5 for every leaf |
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.
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