UPI transactions – Nowadays, phone pay and Google Pay are being used faster than cash payments in the country. But on one hand people consider it safe to make payment through UPI. If you also do UPI transactions, then for your information, let us tell you that this bank gives cashback of up to Rs 75,00 annually on doing UPI transactions. Let us know in the news below how you will get its benefit-
If you do UPI transactions and want to avail the benefit of cashback on it, then this news may be useful for you. Some time ago, a private bank DCB Bank has started a Happy Savings Account. You can get annual cashback up to Rs 7,500 on this savings account. Know all the special things related to this account.
Minimum UPI transaction of Rs 500 required
To avail cashback in DCB Bank’s Happy Savings Account, you will have to do a minimum UPI transaction of at least Rs 500. Cashback will be given on the basis of transactions done in the quarter. After the end of one quarter the amount will be credited to your account.
AQB should be Rs 10 thousand
Through this account you can get cashback up to Rs 7,500 annually. In such a situation, if this amount is divided on a monthly basis, then you can take cashback of Rs 625 every month. DCB Happy Savings Account requires a minimum average quarterly balance (AQB) of Rs 10,000. To avail cashback rewards, it is necessary to maintain a minimum balance of Rs 25,000 in the account.
All customers can take advantage
All customers of DCB Bank can take advantage of this account. For this, old customers can convert their savings account into Happy Savings Account. With this special account of DCB, you will get the facility of unlimited free RTGS, NEFT and IMPS. Apart from this, you can do unlimited transactions for free from any ATM of DCB Bank.