DCB Bank is a new-gen private sector bank with 436 branches across the country. The bank caters to both retail as well as corporate segments. The bank offers various financial and non-financial products and services designed to suffice the needs of its customers. Read on for detailed information about the products and services you can avail of from the bank.
Different Products and Services Provided by DCB Bank
The following are the different products and services provided by DCB Bank
- DCB Bank Deposits
- DCB Bank Loans
- DCB Bank Cards
- DCB Bank Investment Options
- DCB Bank Insurance
- DCB Bank Banking Services
DCB Bank Deposit Accounts
DCB Bank provides various deposit accounts to individuals and businesses for efficient financial management and also for investments for higher returns. The various types of deposit accounts available in the bank are:
Savings Account
The bank provides several options under Savings Accounts with several facilities and they are as mentioned in the table below
Type of Savings Account | Common Features | Other Features |
DCB Smart Cash Savings Account | 1. Unlimited free access to DCB ATMs in the country 2. Unlimited Free NEFT/RTGS transactions | 1. Resident individuals can open the account 2. Cashback up to Rs. 9600 for purchases using debit card 3. Average quarterly balance of Rs. 10000 4. Minimum AQB of Rs. 50000 AQB to qualify for cashback |
DCB Elite Savings Account | 1. The privilege of choosing the last 8 digits of your account number 2. 50% discount on locker rent 3. AQB of Rs. 1.00 lac to avail of the concession | |
DCB Privilege Account | 1. Dedicated relationship manager for assistance 2. Free debit card 3. The required minimum balance of Rs. 500 can be a combination of a fixed deposit and savings account | |
DCB Classic Savings Account | 1. Minimum Average Balance Rs. 5000 2. At par cheque book facility | |
DCB Niyo Savings Account | 1. Perfect for frequent travellers. 2. No annual charges for debit card 3. No foreign currency markup fee 4. Access to live currency convertor    | |
DCB Premium Savings Account | Average Quarterly Balance required Rs. 10000 | |
NRE SB Account NRO SB Account | 1. ATM withdrawal limit Rs. 50000 per day 2. Debit card limit enhance to 2.00 lacs for POS transactions 3. 50% concession in locker rent | |
BSBDA Account | 1. Zero balance account 2. Free Debit Card 3. Both physical and e-statements 4. Free NEFT/RTGS funds transfer |
Current Accounts
Current Accounts are primarily for business transactions. Individuals engaged in businesses, Companies, Corporates, and Educational Institutions can open Current Accounts. You can choose your preferred current account from the following.
Type of Account | Common Features | Other Features |
Elite Current Account | 1. Cash deposit limit of 3 times the average monthly balance in the previous month 2. Free RTGS/NEFT transactions 3. Free Any Branch banking 4. Unlimited access to DCB ATMs in the country. 5. Free DCB Mobile Banking and Net Banking Banking Services  | 1. Choice of the last 8 digits of the account number 2. EDC machines provided at a nominal price |
Business Saver Account | 1. Sweep-in and Sweep out facility provided. Any amount above Rs. 25000/- will be transferred to a savings account to earn interest 2. The facility is only for proprietorship and individual current account holders 3. Free DD up to Rs. 10.00 lacs in a month 4. At par cheque book with 50 leaves 5. Doorstep banking 6. EDC machines at a nominal price | |
DCB Smart Gain Account | DCB Platinum Card will be issued | |
Classic Account | 1. Payable at par cheque book facility 2. Minimum average monthly balance Rs. 1000 3. Free SMS alerts, locker facility and account statements    | |
DCB Niyo Current Account | 1. Immediate currency conversion with DCB Niyo Debit Card 2. No foreign currency markup fee 3. 24 x 7 customer support | |
DCB Shiksha | 1. Only educational institutions are eligible to open the account. 2. Fee collection made available throughPayU 3. MoneyFree doorstep cheque pick up 4. ECS facility for fee collection 5. Cheque drop facility at DCB branches 6. DCB Shiksha Scholarship for meritorious students | |
NRE Current Accounts | To park income generated abroad and investments made in foreign currency | |
NRO Current Accounts | To park income generated from investments made in Indian Rupees |
Term Deposits
The bank has various deposit schemes and you can choose to open the one that best suits you. The DCB Bank FD rates range from 3% to 7.90% p.a. depending on the period and amount. Senior citizens will be provided with an additional 0.50% of the normal DCB Bank FD rates
Type of Deposit | Primary Features |
Fixed Deposit | 1. Minimum Investment Rs. 10000 2. Period of investment: 7 days to 10 years 3. Monthly/quarterly interest payout option 4. Loan against deposit provided |
Suraksha Deposit | 1. Free life insurance cover for family 2. Free insurance cover up to Rs. 10.00 lacs for the primary account holder 3. Insurance available from 18 to 55 year 4. Period of deposit: 3 years 5. No medical test for insurance cover  |
Tax Saver Deposit | 1. For tax benefit under Section 80C of the Income Tax Act 1961 2. Maximum investment Rs. 1.50 lacs 3. Period of deposit: 5 years  |
DCB Pragati | 1. Investment made in fixed monthly instalments 2. Minimum monthly deposit: Rs. 500 3. No charges for missed instalments |
Health Plus Deposit | 1. Minimum deposit: Rs. 10000 2. Period: 700 days 3. Individuals aged 18 years to 70 years are eligible 4. Medical services and benefits permitted under ICICI Lombard Group Take Care Insurance Plan |
NRE Term Deposits | 1. Deposit maintained in Indian Rupees 2. Period of deposit: 1 year to 10 years 3. No interest paid if closed before 1 year 4. Both interest and principal repatriable 5. DCB FD Rates between 3% and 7.90% depending on the amount and period  |
NRO Term Deposits | 1. Deposit maintained in Indian Rupees 2. Period of deposit: 7 days to 10 years 3. Interest earned is taxable 4. Only interest is repatriable |
FCNR (B) | 1. Deposit maintained in Foreign Currency 2. Permitted currencies are AUD, CAD, Euro, GBP and USD 3. Period of deposit: 1 year to 5 years 4. No interest if closed before 1 year 5. Both principal and interest repatriable |
DCB Bank Cards
The following cards are issued by DCB Bank
Type of Card | Features |
Platinum RuPay Card | For cashless POS and online transactionsFree Accidental Insurance and Lost Card Liability CoverWidely accepted across the globe |
Travel Smart Card | For cash withdrawal and purchases across the globeForeign currency markup fee of 2%Accidental Insurance and Lost Card Liability CoverTravel Insurance Cover for International Travel |
DCB Niyo Debit Card | Issued to DCB Niyo account holdersInstant card blocking facility for lost/stolen cardsNo foreign currency markup fee24 x 7 customer support |
DCB Bank Loans
The bank has loans designed for the individual requirement of its clients. Given below are the different types of loans available at DCB Bank
Type of Loan | Primary Features |
Home Loan | 1. For the purchase of a house/flat, construction of a house, extension and renovation to the existing property 2. Loan amount linked to the project cost and repayment capacity of the applicant 3. Against mortgage of the asset created out of the loan |
Gold Loan | 1. For any personal use except speculation 2. Against the pledge of gold 3. Loan amount: Maximum Rs. 20.00 lacs 4. Repayment period: 1 year to 5 years |
Car Loan | 1. For the purchase of a new car 2. Loan amount: 90% of the on-road price of the vehicle 3. Maximum Rs. 30.00 lacs 4. Repayment period: 7 years |
Business Loan | 1. Customised loans depending on the business projects 2. To meet business requirements and to expand the business 3. The loan amount depends on the project cost and repayment capacity |
DCB Bank Investment Options
The investment option available in DCB Bank besides term deposit is
Sovereign Gold Bonds
Invest in Sovereign Gold Bonds launched by the Government of India and get the maturity value. Customers of the Bank who have an active account and a valid PAN can invest in these bonds. This is an alternative to investing in physical gold. You can invest in about 4 kg of gold in a year. The proceeds will be in rupee equivalent to the prevailing gold rate at the time of maturity.
DCB Banking Services
DCB provides various banking services for the convenience of its customers. They are:
- DCB Bank Net Banking and Mobile Banking: These online services are provided to perform financial as well as non-financial transactions in the comfort of your home.
- Phone Banking: Call the DCB Bank Customer Care Number 022 6899 7777 or 040 6815 7777 and get your account balance, request for stop payment of cheque, update your email ID and PAN, generate ATM PIN etc.
- WhatsApp Banking: Register for WhatsApp Banking and avail of several free services like balance enquiry, request cheque book, get mini statement, etc.
- DCB Remit Online: This is a platform for easy international money transfers.
DCB Bank Customer Care
You can get in touch with DCB Bank Customer Care by
- For general queries, Resident Indians can call the DCB Bank Customer Care Number at 022 6899 7777 or 040 6815 7777
- Non-Resident Indians can call the DCB Bank Customer Care Number 022 68997777 and the DCB Bank Customer Care Number 91 22 61271000 while abroad
- For general queries, you can write to the bank at customercare@dcb.com
DCB Bank FAQ’s :-
DCB full form is Development Credit Bank Limited.
You will have the special privilege of choosing your lucky number for the last 8 digits of your account number.
The channels available for balance enquiry are DCB Bank Net Banking, Phone Banking, WhatsApp Banking, and DCB Mobile Banking.
For general queries, you can call the DCB Bank Customer Care Number 022 6899 7777 or 040 6815 7777.
Maintaining a minimum average quarterly balance of Rs. 50000/- is mandatory to avail cashback facility.