How to Use Open Digibank account – All steps in full detail
Well, if you are reading this article, might be you want to a digital bank account rather than wasting time in long queues in the bank. DigiBank is powered by DBS. DBS Bank Ltd is a Singaporean multinational banking and financial services.
Digibank completely fits into your mobile phones. You can operate digibank from your mobile phones, no need to go in Bank branch for any purposes. The main advantage of being having a digibank account is you can save your precious time, energy. It is very instant and fast. So if you are wishing to open the account in Digibank then please go through the article properly. We have tried best to give in detailed information about How to Use Open Digibank account.
Let us know first what are the features of Digibank account by DBS
As the name suggest Digibank means it is a completely digital. Digibank is the india’s first Digital bank that offers Paperless, signatureless & branchless banking facilities to a customer. You can deposit money in an account in a very simpler manner, we’ll tell you ahead how to deposit money in Digibank account. For any kind of transactions you will never need to worry about a signatures of the person. It is completely paperless but yes for some limits (As the laws says you can not make a large amount of transactions without your identification).
Digibank also provides a interest rate of 7%, even if you have 1 Rs in your Digibank account. But for this you will have to submit and verify your Adhar card bio metric details in Digibank stores. Digibank provides 24X7 assistant help services, you can get help from assistant any time for any kind of queries.
No minimum balance required in your Digibank account. Unlimited money withdrawal from any ATM in India. No charges on NEFT transactions. Digibank is completely charge free bank account. Also offering various Cashback offers, Discounts and lots of deals if you will do the Payment by using Digibank account.
Digibank has inbuilt high security which will make your account secure from any kind of interruptions. Even provides high level security for transactions. The inbuilt Budget optimiser in Digibank will help you to manage your expenses.
Now How to Open Account in Digibank by DBS
⇒ As we already told you it’s very simple to use & open account in digibank. Very first you will need to have a Digibank App. It is available in your playstore. If have not downloaded, then you can download from here Digibank App.
⇒ We hope now you have successfully downloaded the Digibank App. Now just open the Digibank App. Let us first tell you, you will get first Digibank e-wallet account then you can convert it into saving account ( Don’t be panic, it is completely free and simple). Digibank e-wallet is like PayTm wallet, Freecharge and lots of wallet services are there.
⇒ So After opening Digibank App, you will see two options LOGIN or E-Wallet. For opening account in Digibank you click on E-Wallet. And Fill all necessary Biodata of your.
⇒ After adding biodata, you will required to verify by OTP. You will receive OTP on the number which you have given in biodata.
⇒ After verification process, you will need to make your username & password for your account. We will recon you to choose moderate and secure username, password. (In case you forget, Please note down your Username and password. )
⇒ After done with username and password, your account is created. Now you tap on Experience Digibank. After tapping on Experience Digibank, the app will registered your device (mobile phone). We recon you to use this app in your registered device only for security purposes.
⇒ After registration, your digibank e-wallet account has been created. You can use like you use other e-wallet services. Now to convert your digibank e-wallet to digibank saving account, you will need AADHAR CARD & PAN CARD.
⇒ To convert digibank e-wallet to digibank saving account, tap on OPEN DIGISAVINGS. Next you will need to enter your AADHAR CARD number (aadhar card number will be used for only bank detail purpose). Now agree that. Next you will need to enter PAN Card number. Enter that.
⇒ Next choose your occupation, field. After depend upon your sources of income, choose the option and annual range of salary (below 7.5 crore). Then you will need to fill the KYC (Know your customer) from RBI. If you want to give nominee details, you can give or just tap on No,thanks.
⇒ Now Tap on Let’s GO. Now you will find your reference number. This number will help in verification process. You will need to provide this ref number to an digibank agent or CCD.
⇒ Now the very important and essential process is paperless verification. Digibank provides two ,options to do it. You can call an agent or you can go to Digibank official partner CCD (Cafe coffee day). Agent may take 4-5 days and depends on your locality may exceed. Paperless verification is only verification of your bio metric detail (i.e Finger print) that was given in your Aadhar. They will verify and approve that’s it. You can find Agent near you or you can find partner stores near you.
⇒ After verification you can enjoy all the services by Digibank.
How to apply for Digibank ATM card
⇒ After verifcation only you can apply for ATM card. Actually after verification they will ask you for ATM Card and you will receive automatically.
How to add/ transfer money in Digibank account
As digibank is digital bank so adding money is also a completely digital. Just login to your account in your phone. Now tap on Options ⇒ Funds Your Account.
You can add money from 3 payment options. From First is from other banks (can be used to transfer money) second is Using Debit card and third is Using Net banking. From other bank you will need to enter the account details of third person from whom you need to take money and amount that’s it. From debit card also it is simpler just enter the Debit card details of third person and get your money. From net banking you will need to choose the Bank first and then login your account then pay the money. Using Debit card is quite simpler and easy.
Deals or Offers on Digibank Account
Digibank is offering lots of cashback, discounts in various online stores or for online payment. You can find here full details of best deals for digibank account. Deals for Digibank account
Even you can get 250 rs in your wallet for referrals through your account. Earn through digibank account