chat Chat

What is a Digital Savings Account & who should opt for it?

  • A Digital Savings Account is your own account - opened by you and which grows with you
  • Opening a Digital Savings Account is fast, easy and secure. All you need is your PAN and Aadhaar. And, it’s completely paperless!
  • Earn higher interest rates
  • Access your account on-the-go with best in class mobile banking platform and internet banking platform
  • Transfer funds, pay bills, recharge your phones and do a lot more, free of charge

When 23-year-old Rahil joined his employer following a campus placement, he was asked to submit his bank details. While he had all the other documents, he did not have a personal bank account. The one he had was a joint savings account with his father.

However, he did not fret. He flipped out his smartphone and logged on to a bank’s website. Within a few taps, he had opened a new digital savings bank account. All it took was his Aadhaar and PAN details and he was able to open an account instantly.

The new account detail were emailed to him, the copy of which he provided to his HR for the joining formalities!

So, what is a Digital Savings Account?

Digital Savings Account is a savings bank account that can be opened and operated from anywhere. All you need is your Aadhaar number and the PAN number. Once you fill the application form, you receive an OTP on your Aadhaar registered mobile number, using which, you can complete the process.

Once you open your account, you will be able to access our best in class mobile banking and internet banking. This hassle-free banking will make your life a whole lot easier.

Features of a Digital Savings Account:

Quick, fast and hassle-free, a Digital Savings Account gives you a host of benefits. Here are a few key features of your Digital Savings Account:

Who Should Opt for a Digital Savings Account?

Do you have your PAN and Aadhaar? Digital Savings Account by RBL Bank is just for you!. You ‘live life in the fast lane’ and prefer to bank at your own convenience.

You also get to earn higher interest rates.

What’s more? You can manage your digital account on-the-go through our best in class mobile banking and internet banking making your banking experience completely hassle free and a whole lot easy.

Right from easy fund transfers to paying for your bills and mobile recharges and setting up fixed & recurring deposits, a Digital Savings Account is a one-stop solution for all your banking needs.

A Digital Savings Account gives you the power to take charge of your banking needs, at your own convenience.

Learn more and open your own Digital Savings Account!


Disclaimer: Articles published on the website are merely indicative and suggestive in nature and do not amount to solicitation. The contents do not guarantee the desired returns and/or results. Reader is advised to exercise discretion and consult independent advisors for achieving desired result. Visitors to this blog/ website w.r.t products & services offered by RBL Bank Limited herein, shall ensure that the comments / feedback posted shall be restricted to the contents published herein and shall not contain such language that may be un-parliamentary or against any religion, caste, section of society, political view etc. While our endeavor is to publish the comments that are submitted, however, all comments/feedback shall be subject to internal review by RBL Bank Limited. We do not guarantee that the comments that are submitted will be published.

Tags


A newsletter from RBL Bank

Stay Informed on the most impactful business and financial news with analysis from our team

Archives: