Schedule of Charges
| Safe Deposit Locker | |
|---|---|
| Sizes and Charges | Download |
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.
Summary of Schedule of Charges
Please note:
- With effect from December 01, 2022, the interest rate applicable on Savings Bank Accounts is 3.00% 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. 16th May, 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%.
- Click here to know the Deutsche Bank AG Provisional GST number / ID
- Click here for GSTIN registration form for customer / vendor
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.
Changes effective from 1st Oct 2023
Effective 1st October 2023, below are the changes in AUM/AQB requirements:
| Account variant | Existing | New (Effective 1st Oct 2023) |
|---|---|---|
| db Expat Savings Account | AQB >₹40,000 | AQB >= ₹1,00,000* |
| db Private Banking Select – CAT B branch* (Aurangabad, Kolhapur, Salem, Vellore, Ludhiana, Surat and Moradabad) |
AUM>=₹10,00,000 |
AUM>= ₹20,00,000* |
| db Advantage Banking Savings Account | CAT A AUM >= ₹5,00,000 OR AQB >= ₹1,50,000 CAT B* AUM>= ₹250,000 OR AQB >= ₹75,000 *Available only in Aurangabad, Kolhapur, Salem,Vellore, Ludhiana, Surat and Moradabad |
AUM >= ₹10,00,000 |
*Applicable for accounts opened on or after 1st Oct 2023
b) We have discontinued the opening of db Value Plus Savings Account, db Eve Value Plus Savings Account and db Professional Savings Account w.e.f 1st October, 2023
c) Advantage and Value Plus offering is not available for new Non-Resident client acquisitions.
Please note - With effect from July 01, 2024, the AUM requirement for db Advantage Banking Savings Account is changed from AUM >= ₹10,00,000 to AUM >= ₹5,00,000 in a quarter for Cat A and Cat B branches.