NRI Advantage Banking
Keeping in mind your unique requirements, Deutsche Bank AG, India offers you the dual benefits of planning investments and saving with db Advantage Banking.
Enjoy investment advice* through our dedicated team of analysts and relationship managers and an exclusive banking experience with db Advantage NRI SavingsAccount.
Features
db Investment Advice
db Investment Advice gives you the advantage of planning for each and every stage of your life. It is backed with a thorough understanding of your personal needs and risk profile to recommend financial solutions that aim to help you fulfill your dreams.
Advantages of db Investment Advice*
Dedicated relationship manager
Your dedicated relationship manager will not only address all your account related queries but will also recommend investment options available to you based on your risk profile.
Risk profiling+
Your relationship manager will help you assess your risk tolerance with the help of a risk profiler.
Asset allocation
After understanding your risk profile, we recommend the ideal investment avenues that would suit your objectives as well as your risk profile.
Product recommendations
Within each asset class, we help you choose the investment products that meet your requirements which include both investment and insurance products.
Portfolio review
Your dedicated relationship manager will help you in regular reviews and keep you updated on the progress of your chosen investment products. You can also enjoy the facility of checking the latest status of your investments online.
+ The risk profiler is intended for use by the customers as a tool for their risk appetite and risk taking ability. The Bank does not assure the correctness or accuracy of the risk assessment by means of the risk profiler. The risk profiler is not designed to assure or guarantee any returns or success of any particular investment alternative. Neither the Bank nor any member of Deutsche Bank group nor other respective directors, officers or employees shall be responsible for the contents of the risk profiler or the outcome of risk assessment.
NRE Savings Account
With db Advantage NRE Savings Account* you have the freedom to maintain either a minimum Average Quarterly Balance (AQB^) or a minimum Assets Under Management (AUM^^) in your account to enjoy the various privileges of a db Advantage Savings Account.
Dedicated relationship manager
Your dedicated Relationship Manager will not only give experienced expert personal guidance and address all your routine account related queries, he will also provide you with access to db Financial Planning.
Free db International Gold Debit Card
Your db Advantage NRE Savings Account comes with a free db International Gold Debit Card.
Features of gold debit card:
- Flexible withdrawal and point-of-sale limits from Rs. 25,000 to Rs. 1,50,000.
- Attractive reward points on all transactions at merchant outlets.
- 2.5% petrol surcharge waiver **.
Total Protection Experience***
Our NRI Bank Accounts offer you a Total Protection experience, with complete privacy and zero liability across a variety of transactions including:
- Protection from fraudulent transactions on your Debit Card and transaction accounts
- Protection from any unauthorized Internet Banking transactions
- Protection from intrusions on your privacy
Free of charge acceptance at all Visa ATMs
Get free acceptance of your debit card at over 27,000 Visa ATMs in India. More than 35 banks are part of the Visa network in India.
Global ATM Alliance
Global travelers can take advantage of our Global ATM Alliance and withdraw cash from over 30,000 ATMs across 40 countries without paying any cash withdrawal fee at the following banks:
Deutsche Bank ATMs worldwide
- Bank of America in USA
- Scotia Bank in Canada, Chile, Mexico and Caribbean Islands
- BNP Paribas in France
- Barclays Bank in UK and Africa
- WestPac in Australia, New Zealand and South Pacific
Payable at Par Cheque Books, Demand Drafts and Pay Orders
You can make easy outstation payments with our personalised payable at-par cheque books, which you get absolutely free, with no restrictions on usage or any limit on the amount. Your cheques will be treated as local cheques at all Deutsche Bank locations across India.
Also, enjoy the free of charge demand drafts@ and pay orders$ payable at all Deutsche Bank locations across India.
Sweep In / Sweep Out
Enjoy the safety and high returns of a fixed deposit with the liquidity of a savings account. Move your funds between your savings and deposit accounts as per requirements, without having to give instructions each time.
FREE consolidated monthly statement with payee details
Avoid the complications of collating account statements from multiple accounts. We offer consolidated monthly statements with payee details of all your Deutsche Bank accounts for your convenience.
FREE doorstep delivery of Travelers Cheques / Cash
Get free delivery of traveler’s cheques or cash at your doorstep when you are in India – just call us with your requirement.
Mandate facility for your loved ones in India
Designate your parent, friend or relative in India as your mandatee, to transact in your account with Deutsche Bank.
Repatriation****
db NRE Savings Account offers a powerful dual advantage. You can freely access your funds in Indian Rupees while you are in India and convert the same funds into foreign currency and repatriate it abroad any time you wish.
Tax Benefit*****
There is no tax liability in India on the interest earned on balances standing to the credit of your db NRE Savings Account.
E-Age Banking
Online Banking
Our online banking service provides you the ease of operating the account from your office or home at your convenience. You can, not only view your account details but also give your fixed deposit instructions, transfer funds, manage your transactions and pay your utility bills and insurance premiums.
Know more about db OnlineBanking
SMS Alerts
With db NRI SavingsAccount you get alerts through SMS and email on variety of transactions like salary credit alerts, bill presentment, payment and success or failure alerts, cheque clearing and bouncing alerts.
E-Statements
An easy way to browse, read and store monthly statements which would be emailed to you.
Phone Banking
You can call our 24/7 phone banking team at 1860 266 6601# with your requests and queries. Our well trained phone banking team will be pleased to assist you on your queries and requests.
Know more about db Phone Banking
* Terms and Conditions apply. Please refer to the respective product documentation for further details.
^ A minimum Average Quarterly Balance (AQB) of Rs.300,000 in your account.
^^ AUM includes a combination of Mutual Funds (excluding liquid MFs), Insurance, FDs and Savings Account Balance. A minimum Assets Under Management of Rs.3 lakh is required to be kept during a quarter of which Rs.50,000 should be the AQB in your account.
** The maximum petrol surcharge waiver will be restricted to Rs.150 per month.
*** Terms and Conditions apply. Please refer to the applicable insurance policy for further details.
**** Terms and conditions apply. Subject to prevailing laws and regulations.
***** Terms and conditions apply. Subject to prevailing laws and regulations.
@ Free of charge upto Rs.1.50 lacs per month. Above the free limit Rs.1.50 per Rs.1000; Min. Rs.150, Max. Rs.5,000
$ Free of charge upto Rs.1.50 lacs per month. Above the free limit Rs.1.50 per Rs.1000; Min. Rs.150, Max. Rs.5,000
# Customers outside India need to dial +91 22 6601 6601. Customers in Mumbai can also call at 6601 6601. Call charges apply.
NRO Savings Account
With db Advantage NRO Savings Account^ you have the freedom to maintain either a minimum Average Quarterly Balance (AQB*) or a minimum Assets Under Management (AUM**) in your account to enjoy the various privileges of a db Advantage Savings Account.
Dedicated relationship manager
Your dedicated Relationship Manager will not only give experienced expert personal guidance and address all your routine account related queries, he will also provide you with access to db Financial Planning.
Payable at Par Cheque Books, Demand Drafts and Pay Orders
You can make easy outstation payments with our personalised payable at-par cheque books, which you get absolutely free, with no restrictions on usage or any limit on the amount. Your cheques will be treated as local cheques at all Deutsche Bank locations across India.
Also, enjoy the free of charge demand drafts@ and pay orders$ payable at all Deutsche Bank locations across India.
Sweep In / Sweep Out
Enjoy the safety and high returns of a fixed deposit with the liquidity of a savings account. Move your funds between your savings and deposit accounts as per requirements, without having to give instructions each time.
FREE consolidated monthly statement with payee details
Avoid the complications of collating account statements from multiple accounts. We offer consolidated monthly statements with payee details of all your Deutsche Bank accounts for your convenience.
FREE doorstep delivery of Travelers Cheques / Cash
Get free delivery of traveler’s cheques or cash at your doorstep when you are in India – just call us with your requirement.
Mandate facility for your loved ones in India
Designate your parent, friend or relative in India as your mandate holder, to transact in your account with Deutsche Bank.
Repatriation****
Interest earned on funds held in the db NRO Savings Account is fully repatriable after paying tax at prevailing rates.
E-Age Banking
Online Banking
Our online banking service provides you the ease of operating the account from your office or home at your convenience. You can, not only view your account details but also give your fixed deposit instructions, transfer funds, manage your transactions and pay your utility bills and insurance premiums.
Know more about db OnlineBanking
SMS Alerts
With db Savings Account you get alerts through SMS and email on variety of transactions like salary credit alerts, bill presentment, payment and success or failure alerts, cheque clearing and bouncing alerts.
E-Statements
An easy way to browse, read and store monthly statements which would be emailed to you.
Phone Banking
You can call our 24/7 phone banking team at 1860 266 6601# with your requests and queries. Our well trained phone banking team will be pleased to assist you on your queries and requests.
Know more about db Phone Banking
^ Terms and Conditions apply. Please refer to the respective product documentation for further details.
* A minimum Average Quarterly Balance (AQB) of Rs.300,000 in your account.
** AUM includes a combination of Mutual Funds (excluding liquid MFs), Insurance, FDs and Savings Account Balance. A minimum Assets Under Management of Rs.3 lakh is required to be kept during a quarter of which Rs.50,000 should be the AQB in your account.
**** Terms and conditions apply. Subject to prevailing laws and regulations.
@ Free of charge upto Rs.1.50 lacs per month. Above the free limit Rs.1.50 per Rs.1000; Min. Rs.150, Max. Rs.5,000
$ Free of charge upto Rs.1.50 lacs per month. Above the free limit Rs.1.50 per Rs.1000; Min. Rs.150, Max. Rs.5,000
# Customers outside India need to dial +91 22 6601 6601. Customers in Mumbai can also call at 6601 6601. Call charges apply.
Documentation
| Documents | NRI* | PIO* |
| Photocopy of the relevant pages of applicants’ current passport where his/ her name, address, date of birth, date & place of issue, expiry date, photograph, signature & stamp regarding stay outside India appear. | ✓ | ✓ |
| Photocopy of valid work permit / employment visa. If the visa has expired, the applicant may submit duly acknowledged petitions made to the visa authorities for renewal of visa. | ✓ | ✓ |
A copy of at least one of the following for overseas proof (for all applicants):
|
✓ | ✓ |
A copy of at least one of the following for local address proof (for all applicants):
|
✓ | ✓ |
| Overseas / Indian Bank Statement Copy of PIO card or Copy of past Indian passport of self / parent / grand-parent along with a self -declaration about Indian origin | ✓ |
* In case you are sending the Customer Information Form and Account Opening Forms directly to any Deutsche Bank AG, India branches in India by post / courier then photocopies of the documents & your signatures on the form(s) should be attested by one of the following: Banker / Indian Embassy / Notary (or equivalent of notary as per applicable law in the country of residence).
Please carry your original documents for verification by bank officials, if you are visiting a Deutsche Bank AG, India branch to open an account.
Conditions apply. Facility available to residents of select countries only.
