If you regularly make UPI payments for groceries, bills, or shopping, here’s some good news for you.
Private sector lender DCB Bank is offering a special cashback offer for its customers.
Under this offer, Happy Savings Account holders can earn up to ₹7,500 cashback every year just by making UPI payments.
How to Get the Cashback
To enjoy this offer, you’ll need to open a Happy Savings Account with DCB Bank.
Once your account is active, every time you send money through UPI (that is, a debit transaction), you’ll earn cashback.
The bank will credit the cashback every quarter (once in three months).
According to the bank, customers can earn up to ₹625 per month and a total of ₹7,500 per year through UPI transactions made from their Happy Savings Account.
Account Rules and Benefits
To qualify for the cashback and enjoy other benefits, there are a few important conditions:
You must maintain an Average Monthly Balance (AMB) of at least ₹10,000.
To receive cashback, your Average Quarterly Balance (AQB) must be ₹25,000 or more.
Each UPI transaction should be ₹500 or above.
Apart from cashback, customers also enjoy free RTGS, NEFT, and IMPS transfers.
Additionally, there are unlimited free ATM transactions at any DCB Bank ATM.
What Is UPI and How Does It Work?
Unified Payments Interface (UPI) is a real-time digital payment system developed by the National Payments Corporation of India (NPCI).
It allows you to send or receive money instantly from your mobile phone, anytime, anywhere.
You can use UPI through popular apps like Google Pay, PhonePe, Paytm, or BHIM.
Each user gets a unique UPI ID or QR code, which removes the need to enter long bank details.
For example, if you want to send ₹500 to a friend, just enter their UPI ID, the amount, and your UPI PIN — and the money will be transferred immediately.
The Bottom Line
DCB Bank’s new cashback offer makes your daily UPI payments even more rewarding.
With simple conditions and great benefits, the Happy Savings Account is a smart choice for anyone who wants to earn while they spend.
