Schedule of charges
Personal Banking
Private Banking
Business Banking
* Service charges applicable if AQB is not maintained
Loans
Investments
- Click here to view the rates of commission received by the Bank from Asset Management Companies for distribution of various mutual fund schemes.
Please note that an additional transactional fee at the rate of 1.5% (including applicable taxes and surcharge) is levied upfront on every applicable transaction.
Demat Account
Summary of Schedule of Charges
Please note:
- As per RBI guidelines, with effect from 4th May 2011,the interest rate applicable on Savings Bank Accounts is revised to 4.00% per annum. The interest on Savings Bank Accounts will continue to be calculated on daily product basis, at a rate of interest as specified by RBI from time to time, instead of the earlier methodology of calculating Savings Bank interest on the least balance between the 10th and the end of the month
- The interest on Savings Bank Accounts will be paid at half yearly intervals i.e. on 30th June and 31st December every year.
- Charge of Rs. 100 plus applicable service tax and cess will be levied on every transaction involving conversion of INR to foreign currency or vice versa w.e.f May 16, 2008.
Change in Service Tax levy on the basis of Finance Bill 2012 (w.e.f. 1-4-2012):
On charges levied as per Schedule of Charges (SOC):
Rate of Service Tax & cesses as follows:
- Service tax @ 12% of the charge amount
- Education Cess @ 2% of service tax amount
- Secondary & Higher Education Cess @ 1% of service tax amount
On buy or sell of foreign currency:
- 0.12% of the gross amount of currency exchanged for an amount up to INR 100,000, subject to the minimum amount of INR 30.
- INR 120 Plus 0.06 % of the gross amount of currency exchanged for an amount exceeding INR 100,000 and up to INR 10,00,000.
- INR 660 Plus 0.012% of the gross amount of currency exchanged for an amount exceeding INR 10,00,000, subject to maximum amount of INR 6000.
Note: The service tax amount computed as above will be increased by applicable cess (i.e. 2% + 1% of service tax amount).
While care has been taken to ensure accuracy, the same cannot be guaranteed. Deutsche Bank AG does not render any tax advise. Please consult your tax advisor for details and specific advise.
