Deutsche Bank Fixed Deposit 2025

1. Domestic Fixed Deposits
2. NRO Fixed Deposits
3. NRE Fixed Deposits
4. Tax Saver Fixed Deposits

Interest Rates Offered by Deutsche Bank on Fixed Deposits

The Deutsche Bank FD interest rates range from 3.00% p.a. to 7.75% p.a. for deposits below Rs.2 crore and a tenure ranging from 7 days to 5 years. With a Tax Saver fixed deposit account that has a fixed tenure of 5 years, you can earn interest of 7.25% per annum. NRE fixed deposits attract interest rates ranging from 7.00% p.a. to 7.75% p.a. for tenures of 1 year to 5 years. In case of NRO fixed deposits, interest rates ranging from 3.00% p.a. to 7.75% p.a. for deposits maturing in 7 days to 5 years are offered.

Earn a higher interest than a savings account and that too with total security of your funds with Deutsche Bank Fixed Deposit.

1. The maximum tenure offered is 5 years.
2. The minimum deposit amount is Rs.20,000.
3. The facility of nomination can be availed.
4. You can open a fixed deposit online.
5. An overdraft facility of up to 95% against a fixed deposit can be availed.

How Does the Overdraft Facility Against Fixed Deposit Work?

The Deutsche Bank's overdraft against fixed deposit facility works entirely in the best interest of the fixed deposit account holder.

When you accrue a loan against your Deutsche Bank fixed deposit account

1. The fixed deposit account remains in the name of the account holder
2. The fixed deposit account continues to earn interest for the account holder
3. The account holder can avail finance against the fixed deposit account
4. Finance is also applicable for relatives, any member of family or friends of the fixed deposit account holder.

Key Features of Deutsche Bank Overdraft Facility

Overdraft Amount

Tenure

The tenure of the loan offered against your fixed deposit account is subject to the tenure of your fixed deposit.

A time frame between 7 days to 365 days is the standard tenure offered for the overdraft facility.

Rates of Interest 24% p.a. on overdrawn amount as applicable.

Benefits of Overdraft Facility Against Fixed Deposits

The Deutsche Bank's overdraft against fixed deposits facility offers its account holders the following appealing benefits-

1. It is an instant and accommodating credit line against your fixed deposit
2. Interest rates are only charged on the amount of money that you use
3. With the drop in the repo rates by the RBI, you can now delight in even lower rates of interest on your overdraft

Deutsche Bank NRI Fixed Deposits

Deutsche Bank offers NRE and NRO fixed deposit accounts.

NRE Fixed Deposits

1. Principal and interest are repatriable.
2. Interest earned is tax exempt.
3. Deposit is automatically renewed on maturity, unless specified otherwise.

NRO Fixed Deposits

1. There is no interest for deposits withdrawn before 7 days.
2. The minimum deposit amount is Rs.20,000.
3. Interest is paid on a monthly, quarterly and cumulative basis.

Procedure to Open a Fixed Deposit with Deutsche Bank

Deutsche Bank offers two methods of opening a fixed deposit account to their customers,

1. Branch walk-in applications
2. Online applications

Branch Applications

1. An individual can walk into any of the Deutsche Bank branches with KYC documents and submit the documents along with the monetary amount of the fixed deposit account.
2. The branch of Deutsche Bank will instantly process the application for a fixed deposit account.
3. Amounts higher than Rs.99 lakh have to mandatorily be deposited at a branch of Deutsche Bank and cannot be done online.

Online Applications

1. Fixed deposit account with Deutsche Bank can be opened online via online banking.
2. Both resident and non-resident ordinary (NRO) accounts can open a regular fixed deposit account.
3. A regular fixed deposit account can also be opened for non-resident external (NRE) accounts.

Following are the easy steps to open an online fixed deposit account with Deutsche Bank-

1. Step 1: Choose to book your fixed deposit online
2. Step 2: Specify amount
3. Step 3: Specify tenure
4. Step 4: Specify interest pay-out frequency
5. Step 5: Enter your transaction password
6. Step 6: Confirm password

The fixed deposit advice will be delivered to the mailing address specified by you.