Fixed Deposit

Cruise through your golden years by maximizing your returns with Deutsche Bank Senior Citizen Fixed Deposit

Avail of special rates on selected tenures* and choose to receive interest monthly, quarterly or at maturity as per your requirement. All Indian resident individuals of age 60 years and above can avail the benefits of this scheme. New customers need to submit a valid age proof along with the application.

  • Choose from tenures ranging from 7 days to 5 years
  • Partial / Premature withdrawal of Senior Citizen Fixed Deposit permitted
  • Nomination facility available
  • Overdraft^ upto 95% against your Senior Citizen Fixed Deposit at competitive rates

* Terms and Conditions apply.

Applicable for resident individuals of age 60 years and 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.

Senior Citizen Fixed Deposit rates

w.e.f. May 23, 2018

Tenure  < Rs. 1 crore  
 Interest Rate  Interest Rate for Senior Citizens*
 7 Days  4.00 4.00
 8 - 14 Days  4.35 4.35
 15 - 29 Days  4.50 4.50
 30 Days  5.00                 5.00                
 31 - 45 Days  5.00                 5.00                
 46 - 59 Days  5.25                5.25                
 60 - 89 Days  5.50 5.50                
 90 - 99 Days  5.50 6.00
 100 Days  6.00 6.50
 101 - 180 Days  6.00 6.50
 181 - 270 Days  6.50 7.00
 271 Days - 1 Yr  6.75 6.75
 > 1 Yr - 1.5 Yrs  7.50                 7.50                
 > 1.5 Yrs - 2 Yrs  7.50                 7.50                
 > 2 Yrs - 3 Yrs  7.50                 7.50                
 > 3 Yrs - 4 Yrs  7.50 7.50                
 > 4 Yrs - < 5 Yrs  7.50                 7.50                
 5 Yrs  8.25                 8.25

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  • No interest is payable for deposits withdrawn prematurely before 7 days.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
    • Monthly
    • Quarterly
    • Cumulative
  • *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.

Navigator Forex Card

Navigator Forex Card

Travel the world light weight with Navigator Forex Card. The most convenient and secure way to carry currency overseas.

Apply now

More Fixed Deposit options

Apply Now for Senior Citizen Fixed Deposit

Apply now

SMS FD to 561615

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.

  •  ^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.