Schedule of charges for NRE / NRO Savings Account
Schedule of charges for NRE / NRO Savings Account
w.e.f from April 01, 2011
| Account Title | db SavingsAccount Value Plus | db Advantage SavingsAccount | db Private Banking SavingsAccount | |
| ACCOUNT MAINTAINANCE | ||||
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Assets Under Management (AUM)#
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AUM >= Rs.100,000 which includes an average quarterly balance of Rs. 20,000 in the Savings Account or AQB >=Rs. 100,000 | AUM >= Rs.500,000 which includes an average quarterly balance of Rs. 50,000 in the Savings Account or AQB >=Rs. 500,000 | Rs. 20,00,000 (AUM) | |
| Account Opening Cheque | Rs. 100,000 | Rs. 500,000 | N.A. | |
| Fall below fees (per quarter) | Rs. 1,500 | Rs. 1,800 | N.A. | |
| FAMILY ACCOUNT PROPOSITION ### | ||||
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Customer Eligibility for Tier A Cities |
db Family Account Value Plus | db Advantage Family Account |
db Private Banking Family Account |
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Grouping: Up to 2 Accounts Assets Under Management (AUM)# or Average Quarterly Balance(AQB) |
AUM >= Rs.150,000 which includes an average quarterly balance of Rs. 30,000 in the Savings Account or AQB >=Rs. 150,000 |
AUM >= Rs.750,000 which includes an average quarterly balance of Rs. 60,000 in the Savings Account or AQB >=Rs. 750,000 |
Unlimited Grouping, AUM >= 20,00,000 |
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Grouping: Up to 3 Accounts Assets Under Management (AUM)# or Average Quarterly Balance (AQB) |
AUM >= Rs.250,000 |
AUM >= Rs.10,00,000 which includes an average quarterly balance of Rs. 90,000 in the Savings Account or AQB >=Rs. 10,00,000 |
Unlimited Grouping, AUM >= 20,00,000 |
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Grouping: Up to 4 Accounts Assets Under Management (AUM)# or Average Quarterly Balance (AQB) |
AUM >= Rs.300,000 |
AUM >= Rs.12,00,000 which includes an average quarterly balance of Rs. 120,000 in the Savings Account or AQB >=Rs. 12,00,000 |
Unlimited Grouping, AUM >= 20,00,000 |
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| Fall Below Fees (per quarter) | Rs.1,500 per account | Rs.1,800 per account | N.A. | |
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Customer Eligibility for Tier B Cities |
db Family Account Value Plus | db Advantage Family Account |
db Private Banking Family Account |
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Grouping: Up to 2 Accounts Assets Under Management (AUM)# or Average Quarterly Balance (AQB) |
NA |
AUM >= Rs.225,000 which includes an average quarterly balance of Rs. 30,000 in the Savings Account or AQB >=Rs. 225,000 |
Unlimited Grouping, AUM >= 20,00,000 |
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Grouping: Up to 3 Accounts Assets Under Management (AUM)# or Average Quarterly Balance (AQB) |
NA |
AUM >= Rs.375,000 which includes an average quarterly balance of Rs. 50,000 in the Savings Account or AQB >=Rs. 375,000 |
Unlimited Grouping, AUM >= 20,00,000 |
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Grouping: Up to 4 Accounts Assets Under Management (AUM)# or Average Quarterly Balance (AQB) |
NA |
AUM >= Rs.425,000 which includes an average quarterly balance of Rs. 60,000 in the Savings Account or AQB >=Rs. 425,000 |
Unlimited Grouping, AUM >= 20,00,000 |
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| Fall Below Fees (per quarter) | NA | Rs. 1,800 per account | N.A. | |
| CHEQUE BOOK & CONSOLIDATED STATEMENT | ||||
| Payable at par cheque book - personalised | Free | Free | Free | |
| Payable at par utilization | Free | Free | Free | |
| Statement with payee details |
Free Quarterly Statements; Free Monthly E Statements |
Free Monthly Statements; Free Quarterly Investment Statements; Free Monthly E Statements |
Free | |
| Duplicate statement | Rs 50 per statement for < 3 months; Rs. 150 for per statement > 3 months | Free | Free | |
| Hold mail facility @@ | N.A | N.A | Rs. 95 per month | |
| CHEQUE RETURN AND STOP PAYMENT | ||||
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Cheque issued and returned financial reasons (per Instrument) |
Rs.350 | Rs.350 | Rs. 355 | |
|
Cheque issued and returned technical reasons (per instrument) |
Free | Free | Free | |
| Cheque deposited and returned |
Local - Rs.75 Outstation Rs. 200 |
Local - Free Outstation Rs.150 |
Local - Rs. 55 Outstation - Rs. 95 |
|
| Stop payment - single cheque | Rs.75 | Rs.50 | Rs. 55 | |
| Stop Payment - range of cheques | Rs.150 | Rs.150 | Rs. 155 | |
| db INTERNATIONAL ATM CUM DEBIT CARD ## | ||||
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db International Gold Debit Card (annual fees) |
Rs.500 | Free | Free | |
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Add-on db International Gold Debit Card (annual fees) |
Rs.500 | Free | Free | |
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db International Classic Debit Card (Annual Fees) |
Free | N.A. | N.A. | |
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Add-on db International Classic Debit Card (Annual Fees) |
Rs.100 | N.A. | N.A. | |
| Replacement of damaged db International Debit Card / Regeneration of duplicate pin | Free | Free | Free | |
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Replacement of lost / stolen db International Debit Card (gold / classic) |
Free | Free | Free | |
| ATM Cash Withdrawal Limit at db ATMs and POS Utilisation Limit |
Default Limit: Rs.50,000 Flexible limit: Rs.25,000 / Rs.50,000 / Rs.100,000 / Rs.150,000 |
Default Limit: Rs.100,000 Flexible limit: Rs.25,000 / Rs.50,000 / Rs.100,000 / Rs.150,000 |
Default Limit: Rs. 75,000 Flexible limit: Rs. 25,000 / Rs. 50,000 / Rs. 100,000 / Rs. 150,000 |
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ATM Cash Withdrawal Limit per transaction at Other Bank ATMs |
Rs.10,000 | Rs.10,000 | - | |
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Number of Free Transactions & charges at other Bank ATMs (Domestic) |
db ATM - Free; 10 Free transactions per month on non db Visa ATMs; Above the free limit - Rs.20^ per Transaction |
Free of Charge | Free of Charge | |
| International cash withdrawal*** | Free Transaction on Global ATM Alliance Network** ATMs; Other ATMs Rs.115 per Transaction. | Free Transaction on Global ATM Alliance Network** ATMs; Other ATMs Rs.115 per Transaction. | Free Transaction on Global ATM Alliance Network* ATMs; Other ATMs Rs. 115 per Transaction. | |
| International Balance Enquiry (per transaction) | Rs.50 | Rs.50 | Rs. 35 | |
| DEMAND DRAFT, PAY ORDER AND CHEQUE COLLECTION | ||||
| Demand drafts on Deutsche Bank locations | Free of charge upto Rs. 10 lacs pm. Above the free limit Rs.1.75 per Rs.1000; Min. Rs. 150, Max. Rs. 5000 | Free of charge upto Rs.25 lacs per month. Above the free limit Rs.1.50 per Rs.1000; Min. Rs. 150, Max. Rs. 5000 | Free upto Rs. 15 lakh per month; Above the Free Limit - Rs. 2.50 per thousand. Minimum Rs. 150, Maximum: Rs. 5,000 | |
| Demand Drafts on Non - Deutsche Bank locations | Rs.2.25 per Rs.1,000; Min. Rs. 95, Max. Rs. 2495 | Rs.2.25 per Rs.1,000; Min. Rs. 95, Max. Rs. 2495 |
Rs. 1.50 per Rs. 1,000; Min. Rs. 95, Max. Rs. 2,495 |
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| Pay order |
Unlimited Free |
Unlimited Free |
Free upto Rs. 15 lakh per month; Above the Free Limit - Rs. 2.50 per thousand. Minimum Rs. 150, Maximum: Rs. 5,000 | |
| Foreign currency demand draft (per Instrument) | Rs. 300 | Rs. 300 | Free | |
| Demand draft/ pay order cancellations/ Revalidation / duplicate (per instrument) | Rs.100 | Rs.100 | Free | |
| Outstation cheque collection at Deutsche Bank branch locations | Free of charge upto Rs.10 Lacs per month & not exceeding 10 instruments per month. Above the free limit Rs 100 per instrument till Rs.100,000 Rs.150 per instrument for Rs.100,001 and above |
Free of charge upto Rs. 25 Lacs per month & not exceeding 20 instruments per month. Above the free limit Rs 100 per instrument till Rs. 100,000 Rs. 150 per instrument for Rs.100,001 and above |
Free upto Rs. 5 lakh per month; Above the free limit - Rs. 2.50 per 1,000; (Minimum Rs. 55 and Maximum Rs. 5,500) | |
| Outstation cheque Collection at Non - Deutsche Bank branch locations |
Up to Rs. 10,000 - Rs. 50 per
Rs. 10,000 to Rs. 1,00,000
Rs.1,00,001 |
Up to Rs. 10,000 - Rs. 50 per
Rs. 10,000 to Rs. 1,00,000
Rs.1,00,001 |
0.30% (Minimum Rs. 65 ) + Courier Charges | |
| National electronic fund transfer (NEFT) | Free | Free | Free | |
|
RTGS (per transaction) |
2 Free transactions per month. Above the Free Transaction Limit - Rs. 2 to 5 lacs - Rs. 25 per transaction. Rs. 5 lacs and above - Rs. 50 per transaction |
Free | Free | |
| Foreign currency cheque collection | 0.25% (Minimum Rs.155 and Maximum Rs.4,495) | 0.25% (Minimum Rs.155 and Maximum Rs.4495) | Rs.195 | |
|
Foreign exchange conversions (per transaction) |
Rs.100 | Rs.100 | 0.25% (Minimum Rs. 155 and Maximum Rs. 2,495) | |
|
Outward remittance (per transaction) |
Rs.600 |
Free |
Free | |
| Foreign inward remittance certificate (FIRC) | N.A | N.A |
N.A |
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| ANY BRANCH BANKING | ||||
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Cash deposit / withdrawal (Non - domicile branch) |
Free upto Rs. 75,000 per day. Above the free limit Rs.2.00 per Rs.1000., Min. Rs. 75 | Unlimited Free | Free upto Rs. 2 lac per day. Above the free limit Rs. 2 per 1000., Min. Rs. 75 | |
| OTHER ACCOUNT RELATED | ||||
|
Standing instruction set up (per instruction) |
Rs.60 | Rs.60 | Free | |
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Standing instruction amendments (per instruction) |
Rs.60 | Rs.60 | Free | |
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Standing instruction failure (per instruction) |
Rs.350 | Rs.350 | Rs. 355 | |
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Account closure (Within 6 months of account opening) |
Rs.550 | Rs.550 | Rs. 555 | |
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Dormant account charges (Accounts not operative for more than 2 year) |
Rs.1,000 per annum | Rs.1,000 per annum | Rs. 95 per month | |
| Retrieval of documents - document upto 6 months old (per document) | Rs.100 | Free for Document upto 6 months & Rs 100 for Documents > 6 months | Free | |
|
ECS debit instructions issued by customer and returned unpaid (per instrument) |
Rs.350 | Rs.350 | Rs. 355 | |
| BALANCE CERTIFICATE, INTEREST CERTIFICATE AND BANKERS REPORT | ||||
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Certificate of balance & interest certificate (current year) |
Free | Free | Free | |
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Signature verification certificate (per verification) |
Rs.100 | Rs.100 | Rs. 95 | |
| Charge slip copy retrieval | Rs.100 | Rs.100 | Rs. 95 | |
| Retrieval of documents - document upto 6 months old (per document) | Rs.100 | Rs.100 | Rs. 95 | |
| Bankers' report | Rs.100 | Rs.100 | Rs. 95 | |
** Global ATM Alliance includes Deutsche Bank ATM 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
*** Mark-up of 3.5% on all International Transactions (Cash Withdrawals & Point-of-Sale transactions)
# AUM includes investments in all Mutual Funds (except liquid Mutual Funds), Insurance, Fixed Deposits, 20% of value of free DMAT shares & Savings Account balances right through the quarter
@@ Available for accounts more than 6 months old
Petrol surcharge waiver is applicable only on Deutsche Bank Gold Debit cards
The maximum petrol surcharge waiver per Deutsche Bank Gold Debit card in a calendar month will be restricted to Rs. 150/-
In case customer has crossed the threshold of Rs.150/- in a calendar month, his/her account will be debited for the differential amount in the same month or in the subsequent months at the discretion of the Bank. In case sufficient balance is not available in the a/c to absorb the debit, in addition to the exercise of other rights of the Bank, a lien will be marked in the customer's a/c and the debit will be posted as and when balance is available
## No debit card to be issued for NRO Accounts
### Not available for db NRO / NRE SavingsAccount
^ Charges are inclusive of Service Tax
Demand Draft / Pay Order charges to be applicable only on the incremental amounts
Service Tax and Educational Cess as applicable will be levied
These Service Charges are subject to change as per Bank's policies
Average Quarterly Balance (AQB) & Assets Under Management (AUM) calculation: AQB / AUM is a simple average of end of day balances for a calender quarter eg
Balance during the month of January - Rs.20,000 daily
Balance during the month of February - Rs.10,000 daily
Balance during the month of March - Rs.30,000 daily
In the above eg. the balance maintained in the calendar quarter January-March is Rs.20,000
+ Tier A Cities - Mumbai, Delhi, Noida, Gurgaon, Chenna, Bangalore & Kolkata
+ Tier B Cities - Aurangabad & Kolhapur
