A Recurring Deposit is a simple way to save money every month and earn higher interest than you get with a
Savings Account. If you maintain a Savings Account with us, a specified amount can be automatically transferred from it every month to your Recurring Deposit. At the end of the tenure, you will have saved a considerable sum of money.
The minimum ticket size of Rs. 5,000 to a maximum of Rs. 2 lakh
- The minimum tenure is 12 months (in multiplies of 3 months thereafter)
- The maximum tenure is 60 months
- Get interest rates equal to that of regular Fixed Deposits
More Fixed Deposit options
Apply for Fixed Deposit
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- No interest is payable for all deposits withdrawn prematurely before 7 days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.