There are very few charges on the DCB Niyo Savings Account.
- International ATM charges: You will be charged INR 300 + GST. The bank whose ATM you may use also may charge a fee (the ATM should mention the fee but we would not know about it).
Note: Starting 30th May' 24 Int. ATM Fee will be ₹425 + GST - Domestic ATM charges: If you use a DCB ATM, there are no charges at all. If you use any other bank ATMs, then you will be charged as below:
- Average Monthly Balance (AMB) in DCB Niyo Savings Account maintained is less than INR 25,000: First 5 transactions free.
- Average monthly balance (AMB) in DCB Niyo Savings Account maintained is INR 25,000 or more: First 8 transactions free.
- Charges above free limit: INR 21 + GST per financial transaction & INR 8.5 + GST per non-financial transaction.
- Annual maintenance charges (after 1st year): INR 500 (waived off if Average Quarterly Balance maintained is more than INR 5000 for last 4 quarters)
- Replace your debit card: If you lose your debit card and need to replace it, you will be charged INR 249 + GST.
However, there are no charges for:
- Opening the account.
- Foreign currency conversion. Only the VISA exchange rate applies to all transactions.
- Not maintaining any balance in the account.
- Adding money to your account via NEFT/ RTGS/ IMPS/ IFT.
- No annual maintenance in the first year.
- Ordering the physical debit card while opening the account.
You can check the Schedule of Charges here.