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DCB happy savings account to get assured 2-5% cb on upi transactions (credit and debit)

sidp

TF Legend
DCB bank has this happy savings account which gives assured cashback on UPI transactions. If there is any post regarding this please delete or merge it.

Any credit and debit transactions above 500 are eligible for cashback. Total cashback depends on savings balance varies from 2%(50/2500) to 5%(625/12500). And cashback of current quarter is credited in 1st month of following quarter.check the attachment for details.
 

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Sustaining the joy requires account holders to uphold an average quarterly balance of ₹25,000 in their DCB Happy Savings Account. The table provided below outlines the key features of the scheme.


Average account balance in a QuarterMinimum transaction amount forcashback eligibilityMaximum eligible UPI transactions per monthCashback per transactionMaximum cashback amount permitted per month
(in Rs)(in Rs) (in Rs)(in Rs)
25,00050051050
50,0005001015150
1,00,0005001520300
2,00,0005002525625

Alongside the attractive cashback rewards, the DCB Happy Savings Account provides a range of advantages, such as unrestricted free access to all DCB Bank ATMs in India, complimentary and limitless usage of online RTGS, NEFT, and IMPS services, as well as access to DCB Personal Internet Banking and the DCB Mobile Banking App.

more
 
It is for those people who already maintain decent sa balance for emergency. Plus dcb has good savings interest rates also. Also pays interest in current account.

Most people anyhow maintain 25k or 50k in one of the accounts.
 
DCB bank has this happy savings account which gives assured cashback on UPI transactions. If there is any post regarding this please delete or merge it.

Any credit and debit transactions above 500 are eligible for cashback. Total cashback depends on savings balance varies from 2%(50/2500) to 5%(625/12500). And cashback of current quarter is credited in 1st month of following quarter.check the attachment for details.

Pasting in text for better readability

Sustaining the joy requires account holders to uphold an average quarterly balance of ₹25,000 in their DCB Happy Savings Account. The table provided below outlines the key features of the scheme.


Average account balance in a QuarterMinimum transaction amount forcashback eligibilityMaximum eligible UPI transactions per monthCashback per transactionMaximum cashback amount permitted per month
(in Rs)(in Rs)(in Rs)(in Rs)
25,00050051050
50,0005001015150
1,00,0005001520300
2,00,0005002525625

Alongside the attractive cashback rewards, the DCB Happy Savings Account provides a range of advantages, such as unrestricted free access to all DCB Bank ATMs in India, complimentary and limitless usage of online RTGS, NEFT, and IMPS services, as well as access to DCB Personal Internet Banking and the DCB Mobile Banking App.

more
Can't even open their website 🧐
 
Can't even open their website 🧐
Where did it go ??
Confused Looking For GIF by Looney Tunes
 
What’s the point of keeping MAB >25000 in this bank as it is only offering 1.75% interest upto 1 Lakh whereas RBL is offering 4.25% for the same balance.
True. But I know some businessman who have had good experience with dcb bank.

And with this small banks all depends on which is closest to you and how is that particular branch. As there was a discussion regarding cb using rupay card in another thread, I thought to share it.
 
True. But I know some businessman who have had good experience with dcb bank.

And with this small banks all depends on which is closest to you and how is that particular branch. As there was a discussion regarding cb using rupay card in another thread, I thought to share it.
I do understand that people for their own convenience do banking relationships with respective banks, albeit it has some good FD interest rate so one can consider for FD purposes.
 
I do understand that people for their own convenience do banking relationships with respective banks, albeit it has some good FD interest rate so one can consider for FD purposes.
Fd rates wise both are similar too. Like I said it depends on proximity and branch people
Aldo if you want cc. Rbl cc >dcb's cc. But many pin codes are serviceable by one bank only.
 
What’s the point of keeping MAB >25000 in this bank as it is only offering 1.75% interest upto 1 Lakh whereas RBL is offering 4.25% for the same balance.
In dcb bank if you keep 25k you are getting 1.75+2 and for 50k it's 1.75+3 %. which is still higher. And all transactions >500rs are taken into consideration whether it is debit/credit, personal/merchant.
I myself maintain in hdfc, which has much lesser interest. Still I can extract more value from hdfc than dcb. This post is just inform people, so those who want, can extract some value.
 
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