New Delhi. If you want to get cashback on UPI Transactions, then this news is useful for you. Actually, recently ‘Happy Savings Account’ has been launched by the private sector DCB Bank. The special thing about this savings account is that you can get cashback up to Rs 625 every month by doing UPI transactions through this account. This cashback will be given by the bank only on debit transactions.
According to DCB Bank, cashback up to Rs 7,500 is given in a financial year on debit transactions through UPI from Happy Savings Account. For this, a minimum UPI transaction of Rs 500 will have to be done.
Maximum cashback of Rs 7,500 in a year
Cashback will be given on the basis of transactions done in the quarter and will be credited to the account after the end of a quarter. Happy Savings Account holders will get a maximum cashback of Rs 625 in a month and a maximum of Rs 7,500 in a year.
Features of DCB Happy Savings Account:
DCB Happy Savings Account requires a minimum average quarterly balance (AQB) of Rs 10,000. To get cashback on UPI transaction, you will have to maintain a balance of at least Rs 25,000 in the account. With this account you will get unlimited free RTGS, NEFT and IMPS facilities. Apart from this, you can do unlimited transactions for free from any ATM of DCB Bank.
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