Advantage Banking

Advantage Banking

Deutsche Bank Advantage Banking is an exclusive and superior class of banking. We aim to help you meet your financial needs by understanding your priorities and at the same time give you a savings account with best-in-class transaction features.

- Dedicated Relationship Manager
- Free International Platinum Debit Card with a reward program redeemable for cash
- Attractive interest rates on a range of loan products

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Overview

  • Easy balance requirement: With Advantage Savings Account you have the freedom to maintain either a minimum Assets Under Management (AUM*) or Average Quarterly Balance (AQB**) in your account to enjoy the various privileges of a Advantage Savings Account.
  • Family banking facilities: You can open and group accounts for up to four family members under one roof. You will also have the freedom of not maintaining minimum balances for each account separately.
  • Deutsche Bank Investment Services***: Deutsche Bank’s investment services involve a structured process in gauging and understanding your short and long term financial goals. Based on your financial situation and requirements, plans and solutions are made available to you to help you achieve financial success.
  • Free Platinum Debit Card: An exclusive offering for Advantage Banking Customers. This card is designed to complement your lifestyle needs; with exclusive services and quality benefits.
  • Exclusive lifestyle offers to complement your lifestyle: As a Advantage Banking customer you get special invites to exclusive events throughout the year courtesy Deutsche Bank.

Let your savings grow every year

* AUM includes a combination of Mutual Funds (excluding liquid MFs), Insurance, FDs and Savings Account Balance. A minimum Assets Under Management of Rs. 7.50 lakh is required to be kept during a quarter.

** A minimum Average Quarterly Balance (AQB) of Rs. 200,000 in your account.

Disclaimer: *** Deutsche Bank AG, India (“Bank”) is only a distributor of third party investment / insurance products and not an advisor in offering investment / insurance advice and any information contained in this brochure or otherwise communicated by the Bank shall not be construed as investment or insurance advice. All decisions to purchase or sell units / securities / insurance policy shall be on the basis of the personal judgment of the customer arrived at after due consideration and after understanding the risk factors associated with their chosen investments carefully and consulting their own independent advisor prior to making any investment decisions. The Bank does not in any manner guarantee any returns on any investment or insurance products. All investments are subject to market risks and there is no assurance or a guarantee that the objectives of any investment schemes will be achieved. Information concerning past performance is not necessary a guide to future performance. This brochure is not an investment advice and should not form the basis of any investment decision by customers. The model asset allocation applicable for your risk class arrived at basis risk profiling questionnaire. The model may change from time to time without prior notice. The model assumes that factors affecting your risk profile have not changed. In case of any change, we suggest that you re-assess your risk profile using the tools available with the Bank. The opinions, expectations and other information herein is based on certain assumptions and projections which may not be entirely accurate and accordingly the analysis may not accurately reflect the financial status, needs or risk ability of the customer. The Bank does not guarantee or make any representation, express or implied, with respect to the fairness, correctness, accuracy, adequacy, quality, efficacy, reliability, reasonableness, viability for any particular purpose or completeness of any information herein and is not responsible for any errors or omissions in or for results obtained from the use of such information.

Advantage Savings Account

With Advantage Savings Account you have the freedom to maintain either a minimum Assets Under Management (AUM*) or a minimum Average Quarterly Balance (AQB**) in your account to enjoy the various privileges of a Advantage Savings Account.

Family Account

Advantage Savings Account offers you and your family members the option of grouping of accounts. This unique proposition gives you the advantage of maintaining individual accounts under one roof and the freedom of not maintaining minimum balances for each account separately. You can open and group accounts for up to four family members under one group.

What’s more, it also offers different banking solutions keeping in mind the different needs to every family member.

Benefits of the Family Account Proposition

  • Get freedom from maintaining minimum Assets Under Management (AUM) and / or Average Quarterly Balance (AQB) in individual accounts as all accounts together need to maintain the required minimum balance. This saves you from the hassle of ensuring minimum AUM & AQB in every family member’s account.
  • All family members will have the privilege of becoming Advantage Banking customers at a much lower AUM & AQB requirement.
  • Children above the age of 12 years too have the freedom to transact online as well as get their own Debit Card.
Grouping Option Family Advantage Savings Account
 For a Single Account  AUM >= Rs. 7,50,000 or quarterly average balance of Rs. 2,00,000 in the Savings Account.
 For a Group of 2 Family accounts  AUM >= Rs. 15,00,000 or quarterly average balance of Rs. 2,00,000 in the Savings Account.
 For a Group of 3 Family accounts  AUM >= Rs. 20,00,000 or quarterly average balance of Rs. 2,00,000 in the Savings Account.
 For a Group of 4 Family accounts  AUM >= Rs. 25,00,000 or quarterly average balance of Rs. 4,00,000 in the Savings Account.

Free Platinum Debit Card

Your Advantage Savings Account comes with a free International Platinum Debit Card.

Platinum Privileges

  • Earn 1 reward points for every Rs. 100 you spend on all transactions at merchant outlets.
  • Flexible withdrawal and point-of-sale limits from Rs. 25,000 to Rs. 1,50,000.
  • 2.5% petrol surcharge waiver+.

Free of charge acceptance at all ATMs in India

Get free acceptance of your Debit Card at over 58,000 Visa ATMs, over 15,000 Cashnet ATMs & 81,000 NFS ATMs 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

* AUM includes a combination of Mutual Funds (excluding liquid MFs), Insurance, FDs and Savings Account Balance. A minimum Assets Under Management of
Rs. 7.50 lakh is required to be kept during a quarter.

** A minimum Average Quarterly Balance (AQB) of Rs. 200,000 in your account.

+ The maximum petrol surcharge waiver per Platinum Debit Cards in a calendar month will be restricted to Rs. 250.

Investment Solutions

Superior Financial Solutions

With a range of investment options to choose from, right from units of mutual funds, portfolio management services (PMS) products of reputed fund houses to life and non-life insurance products offered by insurance companies, our superior financial solutions offer all.

db WealthPro

db WealthPro, our integrated, state of the art wealth management tool is set to redefine the way wealth management is perceived and implemented in the country today. It brings the desired rigour and discipline to wealth management, thus empowering you to control and monitor your finances like never before.

Know more about db WealthPro

Mutual Funds

Mutual Fund is an excellent investment option if you’re looking for a professionally managed, diversified portfolio that offers the benefits of liquidity and transparency.

Deutsche Bank AG, India offers you more than 600 funds from 29 Asset Management Companies in India. These companies have been selected through a comprehensive review process so you can choose to invest in funds that best fit your requirements.

Know more about Mutual Funds

Insurance

Deutsche Bank AG, India has tied up with Aditya Birla Sun Life Insurance Company Limited (ABSLI), a leading private life insurance company to bring to you a range of products to suit your insurance needs.

Know more about Insurance

Health Insurance

We all have dreams for our family. We want to provide them the best in life and help build a secure future for them. Sometimes these dreams are disrupted by the uncertainties of life. The money we save over years for our family could vanish in a few moments. Today’s modern lifestyle leads to sudden illnesses or accidents. These sudden illnesses or accidents force us to spend our savings on paying hospitals bills. Sometimes these diseases also force us to spend days or months in hospital or home recovering. While we recover we also lose our earnings. Deutsche Bank AG, India has tied up with Max Bupa Health Insurance Company, a leading health insurance company to bring to you a range of products to suit your insurance needs.

Know more about Health Insurance

db TradePro

db TradePro is a unique platform for online trading in shares, through Sharekhan Ltd. to further Deutsche Bank’s commitment of providing holistic solutions with Financial Planning.

A superior trading platform and multi-channel access are just two of the many benefits that Deutsche Bank customers enjoy by trading through db TradePro.

Know more about db TradePro

Lifestyle Offer

Free International Platinum Debit Card

Deutsche Bank International Platinum Debit Card is an exclusive offering for its Advantage Banking Customers. This card is designed to complement the lifestyle needs; with exclusive services and quality benefits.

Know more about International Platinum Debit Card

Lifestyle Events

Get special invites to exclusive events throughout the year courtesy Advantage Banking.

  • Special Welcome Gift
  • Special invites to exclusive events
  • Exclusive discount offers across restaurants, shopping and bookstores

Banking Services

Free Demand Drafts and Pay Orders & Payable at Par Cheque Books
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 over 500 key locations
across India.

Free Any Branch Banking
You can walk into any Deutsche Bank branch and deposit & withdraw cash without any cost.

E-Age Banking

db OnlineBanking
Experience the convenience of our online banking platform which helps you transact anytime, anywhere.

  • Utility Bill Payment: Register for and pay over 60 billers online (including LIC, MTNL, Reliance Infocomm) and pay your utility bills online.
  • Online Fund Transfers: Transfer funds to self / third party accounts within and outside Deutsche Bank.
  • Consolidated View of all Accounts: You can view details of all your relationships with Deutsche Bank including Savings Account, Current Account, Investments, Fixed Deposits, Loans.
  • db DirectDebit: You don’t need to carry your Debit Card to make purchases. You can now shop online across over 2500 merchants as well as pay other bank Credit Card bills through this service.
  • Service Requests: You can place service requests online including order of cheque books, demand drafts, opening a fixed deposit account and more.

Know more about db OnlineBanking

SMS and E-Mail Alerts
With Savings Account you get sms and e-mail alerts on variety of transactions like salary credit alerts, bill presentment, payment and success / failure alerts, cheque clearing and bouncing alerts, stop cheque alerts.

Know more about SMS Alerts

E–Statements
An easy way to browse, read & store monthly statements which would be e-mailed 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 Phone Banking

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