DBS Bank Savings Account vs IndusInd Bank Small Savings Account

Interest Rate

3.00% - 4.00% p.a.
4.00% - 6.00% p.a.

Minimum Balance

Zero Balance Savings Account
Zero Balance Account

Monthly Average balance

Rs. 5000
NIL or The balance at any point of time does not exceed Rs. 50,000

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

Free access to IndusInd Bank ATMs across India for cash withdrawals, cash/ cheque deposits, VISA Credit Card bill payment, balance enquiry and mobile top-up

5 Free Domestic Other Bank ATM transactions in a month

Free funds transfer through NEFT or RTGS

Half-yearly statements, monthly statements through email

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

* Proof of identity as per list provided from time to time

* Proof of address as per list provided from time to time

* An Account Opening Form Duly Filled

* One passport size self-attested colour photograph

* The prospective customer should visit the branch and affix his/ her signature/ thumb impression in the Account Opening Form in front of the Branch Manager or Manager Customer Service and Operations


More comparisions with DBS Bank Savings Account

More comparisions with IndusInd Bank Small Savings Account

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