Schedule of charges for NRE / NRO Savings Account

Schedule of charges for NRE / NRO Savings Account


w.e.f from June 12, 2017
Account Title Savings Account Value Plus Advantage Savings Account Private Banking Savings Account Select
ACCOUNT MAINTAINANCE

Assets Under Management (AUM)#
 or Average Quarterly
Balance (AQB) for Tier A cities

 

AUM >= Rs.150,000
or
AQB >=Rs. 1,00,000
AUM >= Rs.7,50,000
or
AQB >=Rs. 200,000
Rs. 30,00,000 (AUM)
Account Opening Cheque  Rs. 100,000  Rs. 500,000 N.A.
Fall below fees (per quarter) Lower of the
percentage
shortfall from
the AQB or
AUM X Rs.
1,500 or Rs. 1,500
whichever is
lower
Lower of the
percentage
shortfall from the
AQB or
AUM X Rs.
1,800 or Rs. 1,800
whichever is
lower
N.A.
FAMILY ACCOUNT PROPOSITION ###
Customer Eligibility for
Tier A Cities
Family Account Value Plus  Advantage Family Account Private Banking Family
Account
Grouping: Up to 2 Accounts
Assets Under Management
(AUM)# or Average Quarterly
Balance(AQB)
AUM >= Rs.300,000
or
AQB >=Rs. 1,00,000
AUM >= Rs.15,00,000 or
AQB >=Rs. 200,000

Unlimited Grouping,

AUM >= 30,00,000

Grouping: Up to 3 Accounts
Assets Under Management
(AUM)# or Average Quarterly
Balance (AQB)

AUM >= Rs.450,000
or
AQB >=Rs. 1,00,000

AUM >= Rs.20,00,000 or
AQB >=Rs. 2,00,000

Unlimited Grouping,

AUM >= 30,00,000

Grouping: Up to 4 Accounts
Assets Under Management
(AUM)# or Average Quarterly
Balance (AQB)

AUM >= Rs.600,000
or
AQB >=Rs. 2,00,000

AUM >= Rs.25,00,000 or AQB >=Rs. 4,00,000

Unlimited Grouping,

AUM >= 30,00,000

Fall Below Fees (per quarter) Lower of the
percentage
shortfall from
the AQB or
AUM X Rs.
1,500 or Rs. 1,500
whichever is
lower
Lower of the
percentage
shortfall from the
AQB or
AUM X Rs.
1,800 or Rs. 1,800
whichever is
lower
N.A.
Customer Eligibility for
Tier B Cities
Family Account Value Plus  Advantage Family Account Private Banking Family
Account
Grouping: Up to 2 Accounts
Assets Under Management
(AUM)# or Average Quarterly
Balance (AQB)
NA AUM >= Rs.600,000
or
AQB >=Rs. 100,000
Unlimited Grouping,
AUM >= 30,00,000
Grouping: Up to 3 Accounts
Assets Under Management
(AUM)# or Average Quarterly
Balance (AQB)
NA AUM >= Rs.900,000
or
AQB >=Rs. 100,000
Unlimited Grouping,
AUM >= 30,00,000
Grouping: Up to 4 Accounts
Assets Under Management
(AUM)# or Average Quarterly
Balance (AQB)
NA AUM >= Rs.12,00,000
or
AQB >=Rs. 200,000
Unlimited Grouping,
AUM >= 30,00,000
Fall Below Fees (per quarter) NA Lower of the
percentage
shortfall from the
AQB or
AUM X Rs.
1,800 or Rs. 1,800
whichever is
lower
N.A.
CHEQUE BOOK & CONSOLIDATED STATEMENT
Payable at par cheque book - personalised Free Free Free
Payable at par utilization Free Free Free
Statement with payee details

Free Quarterly Statements;

Free Monthly E Statements

Free Monthly Statements; Free Quarterly Investment Statements; Free Monthly E Statements

Free
Duplicate statement Rs 50 per statement for < 3 months; Rs. 150 for per statement > 3 months Free Free
Hold mail facility @@ N.A N.A Rs. 95 per month 
CHEQUE RETURN AND STOP PAYMENT
Cheque issued and returned financial reasons
(per Instrument)
Rs.350 Rs.350  Rs. 355
Cheque issued and returned technical reasons
(per instrument)
Free Free Free
Cheque deposited and returned Local - Rs.75
Outstation Rs.200

Local - Free

Outstation Rs.150

Local - Rs. 55

Outstation - Rs.95

Stop payment - single cheque Rs.75 Rs.50 Rs. 55
Stop Payment - range of cheques Rs.150 Rs.150 Rs. 155
INTERNATIONAL ATM CUM DEBIT CARD ##
International Gold Debit Card
(annual fees)
Rs.500 Free Free
Add-on International Gold Debit Card
(annual fees)
Rs.500 Free Free
International Classic Debit Card
(Annual Fees)
Free N.A. N.A.
Add-on International Classic Debit Card
(Annual Fees)
Rs.100 N.A. N.A.
Replacement of damaged International Debit Card / Regeneration of duplicate pin Free Free Free
Replacement of lost /
stolen International Debit Card (gold / classic) 
Free Free Free
ATM Cash Withdrawal Limit at ATMs and POS Utilisation Limit

Default Limit:

Rs.25,000

Flexible limit: Rs.25,000 / Rs.50,000 / Rs.100,000

Default Limit: Rs.25,000

Flexible limit: Rs.25,000 / Rs.50,000 / Rs.100,000

Default Limit:

Rs.50,000

Flexible limit:
Rs. 50,000 /
Rs. 100,000 /
Rs. 150,000

ATM Cash Withdrawal Limit per
transaction at Other Bank ATMs
Rs.10,000 Rs.10,000 -
Number of Free Transactions &
charges at other Bank ATMs (Domestic)
ATM - Free; 10 Free
transactions per
month on non
Visa ATMs; Above the
free limit - Rs.20^ per
Transaction
Free of Charge Free of Charge
International cash withdrawal*** Free Transaction on Global ATM Alliance Network** ATMs; Other ATMs Rs.115 per Transaction. Free Transaction on Global ATM Alliance Network** ATMs; Other ATMs Rs.115 per Transaction. Free Transaction on Global ATM Alliance Network* ATMs; Other ATMs Rs. 115 per Transaction.
International Balance Enquiry (per transaction) Rs.50 Rs.50 Rs. 35
DEMAND DRAFT, PAY ORDER AND CHEQUE COLLECTION
Demand drafts on Deutsche Bank locations Free of charge upto Rs. 10 lacs  pm. Above the free limit Rs.1.75 per Rs.1000; Min. Rs. 150, Max. Rs. 5000 Free of charge upto Rs.25 lacs per month. Above the free limit Rs.1.50 per Rs.1000; Min. Rs. 150, Max. Rs. 5000 Free upto Rs. 15 lakh per month; Above the Free Limit - Rs. 2.50 per thousand. Minimum Rs. 150, Maximum: Rs. 5,000
Demand Drafts on Non - Deutsche Bank locations Rs.2.25 per Rs.1,000; Min. Rs. 95, Max. Rs. 2495 Rs.2.25 per Rs.1,000; Min. Rs. 95, Max. Rs. 2495

Rs. 1.50 per Rs. 1,000;

Min. Rs. 95, Max. Rs. 2,495

Pay order
Unlimited Free

Unlimited Free
Free upto Rs. 15 lakh per month; Above the Free Limit - Rs. 2.50 per thousand. Minimum Rs. 150, Maximum: Rs. 5,000
Foreign currency  demand draft (per Instrument) Rs. 300 Rs. 300 Free
Demand draft/ pay order cancellations/ Revalidation / duplicate (per instrument)  Rs.100 Rs.100 Free
Outstation cheque collection at Deutsche Bank branch locations Free of charge upto Rs.10 Lacs per month & not exceeding 10 instruments per month. Above the free limit Rs 100 per instrument till Rs.100,000 Rs.150 per instrument for Rs.100,001 and above Free of charge upto Rs. 25 Lacs per month & not exceeding 20 instruments
per month. Above the free limit Rs 100 per instrument till Rs. 100,000 Rs. 150 per instrument for Rs.100,001 and above
Free upto Rs. 5 lakh per month; Above the free limit - Rs. 2.50 per 1,000; (Minimum Rs. 55 and Maximum Rs. 5,500)
Outstation cheque Collection at Non - Deutsche Bank branch locations

Up to Rs. 5,000 - Rs.25 per
instrument Rs. 5,000
to Rs. 10,000 - Rs. 50
per instrument, Rs. 10,001
to Rs. 100,000 - Rs. 100 per
instrument, Rs. 1,00,001 and above
- Rs.150 per instrument

Up to Rs. 5,000 - Rs.25 per
instrument Rs. 5,000
to Rs. 10,000 - Rs. 50
per instrument, Rs. 10,001
to Rs. 100,000 - Rs. 100 per
instrument, Rs. 1,00,001 and above
- Rs.150 per instrument

0.30% (Minimum Rs. 65 ) + Courier Charges
National electronic fund transfer (NEFT) 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
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
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
RTGS^
(per transaction)
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
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
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
Foreign currency cheque collection 0.25% (Minimum Rs.155 and Maximum Rs.4,495) 0.25% (Minimum Rs.155 and Maximum Rs.4495) Rs.195
Foreign exchange conversions
(per transaction)
Rs.100 Rs.100 0.25% (Minimum Rs. 155 and Maximum Rs. 2,495)
Outward remittance
(per transaction)
Rs.600

Free

Free
Foreign inward remittance certificate (FIRC) N.A N.A

N.A

ANY BRANCH BANKING
Cash deposit / withdrawal
(Non - domicile branch)
Free upto Rs. 75,000 per day. Above the free limit Rs.2.00 per Rs.1000., Min. Rs. 75 Unlimited Free Free upto Rs. 2 lac per day. Above the free limit Rs. 2 per 1000., Min. Rs. 75
OTHER ACCOUNT RELATED
Standing instruction set up
(per instruction)
Rs.60 Rs.60 Free
Standing instruction amendments
(per instruction)
Rs.60 Rs.60 Free
Standing instruction failure
(per instruction)
Rs.350 Rs.350 Rs. 355
Account Closure
Upto 14 days -
< 6 months to 15 days -

Nil
Rs. 550

Nil
Rs. 550

Nil
Rs. 550
Activation of Dormant Account Free of charge Free of charge Free of charge
Retrieval of documents - document upto 6 months old (per document) Rs.100 Free for Document upto 6 months & Rs 100 for Documents > 6 months Free
ECS debit instructions issued by customer and returned unpaid
(per instrument)
Rs.350  Rs.350 Rs. 355
BALANCE CERTIFICATE, INTEREST CERTIFICATE AND BANKERS REPORT
Certificate of balance & interest certificate
(current year)
Free Free Free
Signature verification certificate
(per verification)
Rs.100 Rs.100 Rs. 95
Charge slip copy retrieval Rs.100 Rs.100 Rs. 95
Retrieval of documents - document upto 6 months old (per document) Rs.100 Rs.100 Rs. 95 
Bankers' report Rs.100 Rs.100 Rs. 95

Click here to view schedule of charges effective from January 01, 2016 to June 11, 2017.


** Global ATM Alliance includes Deutsche Bank ATM 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  
*** Mark-up of 3.5% on all International Transactions (Cash Withdrawals & Point-of-Sale transactions)  
# AUM includes investments in all Mutual Funds (except liquid Mutual Funds), Insurance, Fixed Deposits, 20% of value of free DMAT shares & Savings Account balances right through the quarter  

@@ Available for accounts more than 6 months old

Petrol surcharge waiver is applicable only on Deutsche Bank Gold Debit Cards  
The maximum petrol surcharge waiver per Deutsche Bank Gold Debit Card in a calendar month will be restricted to Rs. 150/-  
In case customer has crossed the threshold of Rs.150/- in a calendar month, his/her account will be debited for the differential amount in the same month or in the subsequent months at the discretion of the Bank. In case sufficient balance is not available in the a/c to absorb the debit, in addition to the exercise of other rights of the Bank, a lien will be marked in the customer's a/c and the debit will be posted as and when balance is available

## No Debit Card to be issued for NRO Accounts             
### Not available for NRO / NRE Savings Account

^ Charges are inclusive of Service Tax  
Demand Draft / Pay Order charges to be applicable only on the incremental amounts  
Service Tax and Educational Cess as applicable will be levied  
These Service Charges are subject to change as per Bank's policies  
  
Average Quarterly Balance (AQB) & Assets Under Management (AUM) calculation: AQB / AUM is a simple average of end of day balances for a calender quarter eg  
Balance during the month of January - Rs.20,000 daily  
Balance during the month of February - Rs.10,000 daily  
Balance during the month of March - Rs.30,000 daily  
In the above eg. the balance maintained in the calendar quarter January-March is Rs.20,000  

+ Tier A Cities - Ahmedabad, Bangalore, Chennai, Delhi, Gurgaon, Kolkata, Mumbai,
   Noida & Pune
+ Tier B Cities - Aurangabad, Kolhapur, Ludhiana, Moradabad, Salem, Surat & Vellore

With effect from April 1st, 2015: In line with RBI guidelines ( RBI Circular no DBR.Dir.BC.No.47/13.03.00/2014-15), customers who have not maintained the required balance threshold for a quarter across both Assets Under Management (AUM) and Average Quarterly balances (AQB) would be sent an intimation of the same on their mobile number or email address or physical address as registered with the Bank, at the end of the cycle. The quarterly balances across both AUM & AQB would then be reviewed post a month of the charge cycle, and in the event of non –maintenance again, service fee would be applied as a percentage of the shortfall observed in the actual AQB maintained from the required threshold of AQB or actual AUM maintained from the required threshold of AUM whichever is lower. It will be the responsibility of the customer to have a valid e-mail ID, mobile number and address updated with the Bank at all times, failing which, customer may not receive the notification(s).

For example, Calendar Quarter Q1 (Jan – Feb – Mar) Requirement: AUM Rs.150,000 OR AQB Rs. 75,000 with a flat charge of Rs. 1200/- AUM / AQB will be checked for Q1 in April. Incase client has not maintained the requisite balances, communication will be sent giving 1 month’s notice i.e. April Post one month’s period, AQB / AUM will be recalculated for Feb – Mar – Apr in May. Incase client does not maintain either AUM or AQB i.e. AUM is Rs. 120,000 and AQB is Rs. 37,500, the shortfall for both AUM and AQB will be calculated i.e. AUM 120,000 / 150,000 = 80% i.e. shortfall of 20% and AQB 37,500 / 75,000 = 50% i.e. shortfall of 50%. Lower shortfall is observed in AUM i.e. 20% hence the charges will be levied basis the AUM shortfall i.e. Charge will be Rs. 1200 X 20% = Rs. 240/-