NRI Fixed Deposit

The joy of coming home is priceless so is investing at home

Earn a simple interest rate of 8% p.a. 

The joy of coming home is priceless so is investing at home

Earn a simple interest rate of 8.00%* p.a. on a 3 year deposits. 

Now you can earn a simple interest rate of 8.00%* p.a. on a 3 year deposits.

Non Residents can choose from two types of Indian Rupee Fixed Deposits:

NRE Fixed Deposit


  • Can be opened jointly with Non Resident Indians and Persons of Indian Origin (PIOs)
  • Principal along with interest are completely repatriable
  •  Interest income on balances of the NRE Fixed Deposit is exempt from income tax
  • Tenor ranges from 1 to 5 years
  • The deposit is automatically renewed on maturity in the absence of any other instruction

NRO Fixed Deposit


  • Can be opened jointly with Resident Indians. Your family in India can be joint account holders. 
  • An ideal investment option for savings and income arising out of India. 
  • Tenor ranges from 7 days to 5 years.
  • Interest on the deposit is credited every three months or at the time of maturity

Systematic Investment Plan (SIP)


Small investment today will go a long way to build wealth for tomorrow. 

Book Online

Now you can open your Fixed Deposit Account at your convenience through db OnlineBanking.

Types of Fixed Deposits that can be booked online:

  • Regular Fixed Deposit for resident / non-resident ordinary (NRO) accounts.
  • Regular Fixed Deposit for non-resident external (NRE) accounts.

Book your FD online in 2 minutes and 4 simple steps: 

  • Log on to db OnlineBanking
  • Choose 'Book Fixed Deposit' online option 
  • Specify amount, tenure and interest payout frequency

    - For booking deposits online, the initial minimum fixed deposit is INR 20,000 and maximum is INR 99.99 lakhs

    - Contact your branch for booking deposits of higher amounts

    - Payout frequency can be - Monthly, Quarterly or at Maturity for both NRO and NRE Deposits

  • Enter your transaction password and confirm   

Your Fixed Deposit will be displayed in your account from the next working day. Your fixed deposit advice can be viewed and downloaded at a later stage from the service request query menu within online banking.

Double Taxation Avoidance Agreement

Double Taxation Avoidance Agreement (DTAA) is an Agreement entered by India with various countries. Under the current DTAA provisions, NRI customers will be entitled to lower withholding tax (TDS) subject to fulfillment of certain conditions.

With the DTAA benefit, you can now enjoy the benefit of concessional rate of Tax Deducted at Source (TDS) on the interest of your NRO Account or Fixed Deposit, providing you a higher yield as compared to the regular NRO Account or Fixed Deposit.

You can visit the nearest Deutsche Bank branch and submit the following documents to avail of this facility.

  • Tax Residency Certificate (TRC) for the period covering interest payable and confirming the ‘tax residency’ of the payee.
  • Duly filled declaration advising the tax residency of the account holder.
  • PAN Card copy for all applicants.
  • Self attested copy of passport & visa.

Click here for format of declaration.

Please note: 

  • The declaration should have details of all accounts where you are the primary applicant (NRO Savings Account & NRO Fixed deposits).
  • To avail of the facility for one complete financial year, you will have to provide the documents by 15th March of the previous year (Customers who have availed of the facility for one financial year will have to provide the documents again to avail of it in the next financial year as well).
  • If you do not submit your documents before 31st March, the DTAA benefit will not be applicable on the accounts for the next financial year (till such time that you submit the documents) and the tax rate will revert to the standard rate from 1st April.
  • If you provide the documents on any date during the financial year, the reduced tax rate will be applicable from that date.
  • Tax once deducted at 30% and remitted to tax authorities will in not be refunded on submitting documents subsequently.

More Fixed Deposit options

Resident Fixed Deposit

Get better returns on your deposit. Invest in Deutsche Bank Fixed Deposit.

Resident Fixed Deposit

Get better returns on your deposit. Invest in Deutsche Bank Fixed Deposit.

Resident Fixed Deposit

Get better returns on your deposit. Invest in Deutsche Bank Fixed Deposit.

Senior Citizen Fixed Deposit

Live carefree with special interest rate on selective tenures

Senior Citizen Fixed Deposit

Live carefree with special interest rate on selective tenures

Senior Citizen Fixed Deposit

Live carefree with special interest rate on selective tenures

Tax Saver Fixed Deposit

Invest in 5 year Tax Saver Fixed Deposit to earn higher interest and also save tax.

Tax Saver Fixed Deposit

Invest in 5 year Tax Saver Fixed Deposit to earn higher interest and also save tax.

Tax Saver Fixed Deposit

Invest in 5 year Tax Saver Fixed Deposit to earn higher interest and also save tax.

Apply for NRI Fixed Deposit


Apply now

Call 18602666601#

#Customers outside India need to dial +91 22 6601 6601.
Customers in Mumbai can also call at +91 22 6601 6601. Call charges apply.

*Terms and conditions apply.

**The maximum petrol surcharge waiver per Domestic Gold Debit Cards in a calendar month will be restricted to Rs. 150.

^A minimum Average Quarterly Balance (AQB) of Rs. 200,000 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. 750,000 is required to be kept during a quarter.

#Terms and conditions apply. Subject to prevailing laws and regulations.

1This service is not available to citizens / residents of USA, Canada and any other country / jurisdiction which prohibits or restricts in any other manner, the sale and solicitation of Indian securities and any other financial products / services.

Deutsche Bank AG, Mumbai Branch (“Bank”) of Deutsche Bank Aktiengesellschaft, a corporation duly organized and existing under the laws of Federal Republic of Germany is regulated in India by Reserve Bank of India. It offers NRI Accounts and related services under the Reserve Bank of India program for Non-Resident Indians and are governed by the rules in effect from time to time relating to such programs, are subject to the sovereign risk arising from, and governed by the laws of, or any changes to the laws of India. NR deposits with the Bank in India are not insured by any other insurance company or corporation outside India and are payable only at the branch of the Bank in India where the deposit is made. The insurance available is up to a maximum of One lakh provided by India's Deposit Insurance and Credit Guarantee Corporation. The information provided herein is not directed or intended to be used by any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation within such jurisdiction or would subject the Bank or its affiliates to any licensing or registration requirements.

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