DBS bank is still providing low interest rate on saving account when certain banks are offering interest as high as 7% when minimum balance is more than 1 Lakh. You can check out Yes bank Savings rate here which is offering the highest interest rate on savings account.
DBS bank website states that effective 5th May 2011, the interest rate on Savings account has been changed to 4% from 3.5%.
Check out DBS bank deposit interest rates which are as shown in the below screenshot: