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They do charge fall below fee, you will definitely need to cancel it if you have 0 balance otherwise you will be paying the fees
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There's a service charge of S$5 a month if the minimum average daily balance (MADB) of your DBS Multiplier is less than S$3,000. This service charge is automatically waived for customers up to 29 years old.
Here's our deposit guide for reference. You'll find the details under DBS Multiplier.
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I'm in depth with some company doing license money lender. Any idea to get some cash to pay the loan amount.?
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Best to check with the bank. If no use, just close the account. Less one hassle....
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Delete the account if you feel that you have no purpose with it. If not, you can keep a minimum fee inside there so that you will use it in the future.