New, attractive rate of 5.50% per annum for balances from Rs5 Lakhs up to Rs50 Lakhs gives customers the benefits of liquidity, growth and safety
FinTech BizNews Service
Mumbai, May 20, 2025: DBS Bank India has revised its Savings Account (SA) interest rates across
balance slabs, with the new structure offering one of the most competitive returns in the banking
industry. The updated rates reflect the bank’s ongoing efforts to provide enhanced value to its
customers, balancing safety and returns, while maintaining a forward-looking deposit strategy. Further
underlining its resilient franchise with a strong track record of recognition, DBS has been named the
Safest Bank in Asia; by Global Finance for 16 consecutive years (2009-2024).
Following the recent cuts in the repo rate, with multiple banks having lowered interest rates on
savings accounts, the higher rate on the DBS Savings Account, makes it a uniquely attractive
proposition for those looking to maximise their savings and grow their wealth. For customers residing
in India, balances between Rs5 lakh and Rs50 lakh will now earn 5.50% per annum — a rate that is
nearly twice as high as those being offered by many peer banks for the same balance slab. DBS
Bank India has a tiered rate structure, offering differentiated value as per the savings account
balances for both domestic and non-resident account holders. For non-resident account holders,
balances above rs2 lakh will earn 3.00% per annum, while balances up to rs2 lakh will continue to earn
2.75% per annum. This timely proposition combines the convenience of a savings account with the
advantage of significantly higher returns on certain balance tiers, creating a compelling reason to
open a DBS Savings Account.
DBS Savings Account Interest Rates (per annum) effective Now:
Savings Account interest per annum (domestic)
Up to Rs 2 lakh: 2.75%
Above Rs2 lakh and up to Rs5 lakhs 3.25%
Above Rs5 Lakhs and up to Rs50 lakhs 5.50%
Above Rs50 lakhs 4.00%
Savings Account interest per annum (NRI)
Up to Rs2 lakh 2.75%
Above Rs2 lakh 3.00%
