DBS Bank Savings Account vs HDFC Bank Savings Account

Interest Rate

3.00% - 4.00% p.a.
3.00% - 3.50% p.a.

Minimum Balance

Zero Balance Savings Account
Rs. 10,000 for Urban branches; Rs. 5,000 for Semi Urban branches; Rs. 2,500 for Rural branches

Monthly Average balance

Rs. 5000
Rs. 10,000 for urban branches; Rs.5000 for semi-urban branches; Average quarterly balance of Rs. 2500 or FD of Rs.10,000 for minimum 1 year 1 day for rural branches

Features

Branchless, Signatureless, Paperless

Tap-to-pay facility

Cashback upto 10% on shopping

Free 24x7 fund transfers via UPI, NEFT, IMPS, RTGS 

Mobile and Internet banking services 

SMS Alerts and e-statement facilities 

Auto Sweep Facility 

Cheque Book

Sweep-In/Email and SMS Alerts

E-Statement

Payable-at-par Chequebook

BillPay

NetBanking and MobileBanking

ATM facility

Documents Required

* PAN card/Aadhaar card/Voter ID/Passport/Driving license/Employee ID

* Any photo ID card issued by the Central/State government/NREGA job card

* Utility bill (electricity, gas, water, telephone)

* Passport

* Bank account statement or passbook of the bank

* Ration card

* A letter stamped/signed/recognised from a gazetted officer or public authority to verify the address details of the applicant

* Latest colour passport-size photograph

* Savings Account application form

* A filled-up application form

* Passport, Voter ID card, PAN card, Permanent Driving license, Aadhar card, NREGA job card, or ID card issued by central or state governments, PSUs, scheduled commercial banks

* Employment Proof

* Latest passport size photographs


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