Long and short of our Fixed Deposits? Better rates!
Why let your money lie idle in your savings account? Put it to work in a high interest rate fixed deposit instead.
Earn a higher interest than a savings account and that too with total security of your funds with Deutsche Bank Fixed Deposit.
- The minimum amount you can invest is Rs. 20,000
- The maximum tenure is 5 years
- Avail overdraft^ upto 95% against your fixed deposit at competitive rates
- Nomination facility available
- Online booking facility available
Domestic and NRO Fixed Deposit rates
w.e.f. July 24, 2018
|Tenure||< Rs. 1 crore|
|Interest Rate||Interest Rate for Senior Citizens*|
|8 - 14 Days||4.35||4.35|
|15 - 29 Days||4.50||4.50|
|31 - 45 Days||5.00||5.00|
|46 - 59 Days||5.25||5.25|
|60 - 89 Days||5.50||5.50|
|90 - 99 Days||5.20||5.70|
|101 - 180 Days||5.70||6.20|
|181 - 270 Days||6.50||7.00|
|271 Days - 1 Yr||6.50||6.50|
|> 1 Yr - 1.5 Yrs||7.75||7.75|
|> 1.5 Yrs - 2 Yrs||7.75||7.75|
|> 2 Yrs - 3 Yrs||7.50||7.50|
|> 3 Yrs - 4 Yrs||7.50||7.50|
|> 4 Yrs - < 5 Yrs||7.50||7.50|
Please note :
- Interest Rate per annum (%).
- 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- No interest is payable for deposits withdrawn prematurely before 7 days.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
- *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.
- These interest rates will be applicable for new fixed deposits and renewal of existing fixed deposits booked from the effective date given above. These rates will not be applicable for existing deposits booked at earlier rates. As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of the fixed deposit and interest will be paid at the contracted rate irrespective of change in the fixed deposit rates thereafter.
- In case of monthly interest payout, interest shall be calculated for the quarter and paid monthly at a discounted rate in line with RBI directives.
Systematic Investment Plan (SIP)
Small investment today will go a long way to build wealth for tomorrow.Invest in SIP today!
More Fixed Deposit options
Apply for Fixed Deposit
SMS FD to 561615
#Customers outside India need to dial +91 22 6601 6601. Customers in Mumbai can also call at +91 22 6601 6601. Call charges apply.
- ^This is applicable only for certain tenures. Please refer to the Interest Rates for more details.
- *Conditions apply - Fixed Deposit:
• No interest is payable for all deposits withdrawn prematurely before 7 days
• 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 stated documentation is subject to change and is at the sole discretion of Deutsche Bank AG.
• Deutsche Bank Tax Saver Fixed Deposit is structured to benefit you the most in terms of this provision. Amount invested up to Rs. 1.5 lakh for a fixed period of 5 years in Tax Saver Fixed Deposit is eligible for deduction under Section 80 (C) of Income Tax Act, 1961.