Summary of schedule of charges

Rates at a quick glance as on 19th January, 2018

DEPOSIT ACCOUNTS

1. Savings Bank Account

w.e.f. May 3, 2011
Nature Rate of Interest Minimum Balance
A. Domestic
a. With cheque book facility 4.00 %

*

b. Without cheque book facility No such facility No such facility
c. No Frills Account 4.00 % Rs. 500
B. Non Resident
a. NRO 4.00 % *
b. NRE 4.00 % *

*Please refer our Savings Account Booklet on Schedule of Service Charges for details

Please note:

  • The interest on Savings Bank Accounts will be paid at quarterly intervals i.e. on
    31st March, 30th June, 30th September and 31st December every year.

2. Term Deposits

Domestic / NRO Fixed Deposit Rates
w.e.f. January 19, 2018
  Tenure < Rs. 1 crore
 Interest Rate  Interest Rate for Senior Citizens*
 7 Days  4.00 4.00
 8 - 14 Days  4.50 4.50
 15 - 29 Days  4.50 4.50
 30 Days  4.75 4.75
 31 - 45 Days  4.75 4.75
 46 - 59 Days  5.00 5.00
 60 - 89 Days  5.25 5.25
 90 - 99 Days  5.25 5.75
 100 Days  5.70 6.20
 101 - 180 Days  5.75 6.25
 181 - 270 Days  5.95 6.45
 271 Days - 1 Yr  6.00 6.50
 > 1 Yr - 1.5 Yrs  6.90 6.90
 > 1.5 Yrs - 2 Yrs  6.90 6.90
 > 2 Yrs - 3 Yrs  6.90 6.90
 > 3 Yrs - 4 Yrs  7.00 7.25
 > 4 Yrs - < 5 Yrs  7.00 7.25
 5 Yrs  7.50 7.50

Please note :

  • Please contact your Relationship Manager or Branch for applicable interest rates on any deposit equal to or greater than Rs.1 crore.
  • Special interest rates quoted above (for tenors more than 1 year) are applicable for deposits of value less than Rs.1 crore only.
  • No interest is payable for all deposits withdrawn prematurely before 7 days.
  • Premature withdrawal
    For premature withdrawal of fixed deposits on 7th day or thereafter, a penal rate of 1% would be charged, i.e., the interest rate applicable will be the rate as on the date of booking for the period for which the deposit has run less applicable penalty.
  • Minimum fixed deposit amount is Rs. 20,000.
  • Interest Rates are subject to change without prior notice.
  • The Following Interest Payout options available for the customer
    • Monthly
    • Quarterly
    • Cumulative 
  • *Applicable only for Retail Deposits - Senior Citizens i.e. Resident Individuals of age
    60 years & above and excludes Non-Resident individuals, Individuals in their capacity as a Karta in HUFs and all non individuals. Incase of joint accounts the first holder should be a senior citizen to avail of these rates.

NRE Fixed Deposit Rates
w.e.f. January 19, 2018
 Tenure  Interest Rate per annum (%)
 1 Yr  6.00
 > 1 Yr - 2 Yrs  6.90
 > 2 Yrs -  3 Yrs  6.90
 > 3 Yrs -  4 Yrs  7.00
 > 4 Yrs - < 5 Yrs  7.00
 5 Years  7.50
  • Initial minimum fixed deposit size is Rs. 20,000.
  • Premature withdrawal:
    For Single Deposit of less than INR 1crore
    • Less than 1 year : no interest 
    • 1 year & above : A penal rate of 1% would be charged i.e. the interest rate applicable will be the rate as on the date of booking for the period for which the deposit has run less applicable penalty
    For Single Deposit of >= INR 1crore
    • Less than 1 year : no interest
    • 1 year & above : A penal rate of 1% would be charged i.e. the interest rate applicable will be the rate as on the date of booking for the period for which the deposit has run less applicable penalty
  • Interest rates are subject to change without prior notice.

Interest Rates for Recurring Deposit
w.e.f. January 19, 2018
 RD Interest Rates
  Maturity Period  Interest Rate  Interest Rate for Senior Citizens*
 12 months  6.00  6.50
 15 months to 24 months  6.90  6.90
 27 months to 36 months  6.90  6.90
 39 months to 48 months  7.00  7.25
 51 months to 57 months  7.00  7.25
 60 months  7.50  7.50

Please note :

  • Minimum ticket size of INR 5,000 to a maximum of INR 200,000.
  • Minimum tenure of 12 months (in multiplies of 3 months thereafter).
  • Maximum tenure of 60 months.
  • The interest on Recurring Deposits will be calculated by the bank in accordance with the directions advised by Indian Banks' Association.
  • Interest on Recurring Deposits will be paid out on maturity.
  • For premature withdrawal of recurring deposits, a penal rate of 1% would be charged i.e. the interest rate applicable will be the rate as on the date of booking for the period for which the deposit has run less applicable penalty.
  • If the RD is broken within 14 days from the date of booking, no interest will be paid.
  • Interest Rates are subject to change without prior notice.
  • *Applicable only for Retail Deposits - Senior Citizens i.e. Resident Individuals of age
    60 years & above and excludes Non-Resident Individuals, Individuals in their capacity as a Karta in HUFs and all non individuals. Incase of joint accounts the first holder should be a senior citizen to avail of these rates.


LOANS
 Loan Type  Loan TypeRate of Interest  Processing Charges  Administration Fees
 1. Housing Loan    NIL  up to 1% of the loan amount
 A. Floating Category      
 Upto 5 years  12.50%    
 More than 5 years & upto 10 years  12.50%    
 More than 10 Yrs  12.50%    
 B. Fixed Category      
 Up to 3 years  13.50%    
 Up to 5 years  14.00%    


CHARGES
1. Lockers
 Type of Locker             Annual Rent in INR
  Metro / Urban / Semi Urban Rural
          A                4,500 3,000
          B                6,500 NA
          C               10,500 NA
          D               12,500 NA
          F               18,500 NA
          E               12,500 8,000
          G               22,500 NA

One Time Administration Charge of Rs 250 charged on all types of Lockers.
Service Tax and Educational Cess as applicable will be levied.


2. Debit Cards : International Debit Card

Classic Annual Fees of Rs. 100*

Gold Annual Fees of Rs. 500*

Platinum Annual Fees of Rs. 1000**

Signature Annual Fees of Rs. 2000#


3. Drafts/ TT/ MT
Issuance :

For Deutsche Bank locations                   : Rs. 2.50 per Rs. 1,000 (Minimum Rs. 150 and Maximum Rs. 5,000)*

For non-Deutsche Bank locations            : Rs. 3.50 per Rs. 1,000*

Cancellation :   Rs. 125*
4. Outstation cheque collection

At Deutsche Bank locations                     : Rs. 3.00 per Rs. 1,000 (Minimum Rs. 55 and Maximum Rs. 5,500)*

At non-Deutsche Bank locations              : 0.75% (Minimum Rs. 65+ Courier Charges)*

5. NEFT^ Money Transfer:

Amounts upto Rs. 10,000 - Rs. 2.50/- per transaction.
Amounts from Rs. 10,001 to Rs. 100,000 - Rs. 5/- per transaction.
Amounts from Rs. 100,001 to Rs. 200,000 - Rs.15/- per transaction.
Amounts > Rs. 200,000 - Rs.25/- per transaction.
^Exclusive of service tax.

6. RTGS^ Money Transfer:

Amounts from Rs. 200,000 to Rs. 500,000 - Rs. 25/- per transaction.
Amounts > Rs. 500,000 - Rs. 50/- per transaction.
^Inclusive of service tax.

7. Cheque return charges
 a. Cheque issued and returned for financial reasons :   Rs. 350 (per instrument)*
 b. Cheque issued and returned for technical reasons  Free
 c. Cheque deposited and returned (Local) :   Rs. 100 (per instrument)*
 d. Cheque deposited and returned (Outstation) :   Rs. 300 (per instrument)*
8. Cheque Book Issue: Free
9. No Dues Certificate: Free

*The charges are applicable depending on the type of Deutsche Bank account held. Service Tax is applicable on these Fees.
**This card is free for Advantage Banking customers with relationship value > Rs. 10 lakhs. In case customers are unable to retain this status, charge will be levied from subsequent billing cycle.
#This card is free for Private Banking customers with relationship value > Rs. 20 lakhs. In case customers are unable to retain this status, charge will be levied from subsequent bill cycle.