There are very few charges on the DCB Niyo Savings Account. International ATM charges: You will be charged INR 425 + 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).
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 the free limit: INR 21 + GST per financial transaction & INR 8.5 + GST per non-financial transaction. Annual maintenance charges (after the 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.