Online transactions have surged in the modern era. Be it shopping at a mall or dining at a restaurant, people are increasingly opting for UPI payments for their convenience. Most young people have almost done away with carrying large amounts of cash. Additionally, many banks in India offer cashback on online transactions, making it an easy benefit to enjoy.
If you want to avail cashback benefits, it’s essential to understand some key points to avoid any inconvenience. To receive substantial cashback, UPI users must have a savings account. If you have a savings account, you can earn significant returns through UPI transactions. Specifically, your account needs to be with DCB Bank for this benefit.
DCB Bank is providing facilities to its users
For those with a Happy Savings account at DCB Bank, there are cashback benefits available for UPI payments. To qualify for cashback in the Happy Savings account, you need to make a minimum UPI transaction of 500 rupees. Users will receive cashback quarterly, and it will be automatically transferred by the bank.
DCB Bank users can earn up to 7,500 rupees in cashback annually. When divided monthly, this amounts to 625 rupees in cashback. To maintain a Happy Savings account, a minimum average quarterly balance of 10,000 rupees is required.
To receive cashback rewards, an average balance of at least 25,000 rupees must be maintained in the account. The more money you keep in the account, the higher the cashback you’ll receive.
All account holders will get cashback
All account holders of DCB Bank, which has made its mark in the private sector, can avail these benefits. Existing customers can convert their accounts to a Happy Savings account to take advantage of these offers.
DCB Bank accounts provide the convenience of unlimited free RTGS, NEFT, and IMPS transactions. Customers can also make unlimited free transactions at any DCB Bank ATM, a feature that is particularly beneficial.
