Schedule of Charges

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Investments and Insurance

Click here to view the rates of commission received by the Bank from Asset Management and Insurance Companies for distribution of various mutual fund schemes and insurance policies.

Please note that an additional transactional fee at the rate of 1.5% (including applicable taxes and surcharge) is levied upfront on every applicable transaction.

Summary of Schedule of Charges

Please note:

  • With effect from 4th May 2011,the interest rate applicable on Savings Bank Accounts is 4.00% per annum. The interest on Savings Bank Accounts will continue to be calculated on daily product basis in line with the guidelines issued by the Reserve Bank of India, instead of the earlier methodology of calculating Savings Bank interest on the least balance between the 10th and the end of the month
  • 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
  • Charge of Rs. 100 plus applicable Goods and Services Tax will be levied on every transaction involving conversion of INR to foreign currency or vice versa w.e.f. May 16, 2008
  • Effective 1st August 2019, issuance of Demand Drafts on non-Deutsche Bank locations is discontinued. Please contact our branch officials for any assistance required on this

Change in Goods and Services Tax levy (w.e.f. 1-07-2017):

On charges levied as per Schedule of Charges (SOC):

Effective 1st July, 2017, Government of India has implemented Goods and Services Tax (GST), hence all the existing Goods and Services Tax rate of 15% on applicable charges are replaced by 18%.

Note: While care has been taken to ensure accuracy, the same cannot be guaranteed. Deutsche Bank AG does not render any tax advise. Please consult your tax advisor for details and specific advise.

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