Deutsche Bank Savings Account

Opening a Savings Account with Deutsche Bank:

To open a Savings Account with Deutsche Bank you have the option of logging onto the official website and filling out the application form. A representative from the bank will contact you to process the application further. You can also SMS or call in the numbers provided on the website to have a representative call you back. Alternatively, you can go to a branch of the bank and fill out an application form directly.

Minimum Balance Requirements for a Deutsche Bank Savings Account:

Types of Deutsche Bank Savings Account:

• Value-Plus Savings AccountBenefits:Life is sure to get a little simpler with the feature-rich Value-Plus Savings Account on your side. Features like online and phone banking facilities are ingrained in this scheme making payments convenient and quick. These are some of the features that make Value-Plus Savings such a popular choice:
  • WestPac bank in New Zealand, Australia and South Pacific
  • Bank of America in United States of America
  • All Deutsche Bank ATMs in the world
  • Scotia Bank in Mexico, Chile and Caribbean Islands and Canada,.
  • In Africa and UK: Barclays Bank
  • In France: BNP Paribas
• Expat Savings AccountAs the name suggests, Expat Savings Account is meant for those living in a different country from their home country. This savings account is designed with a deep understanding of the special needs and requirements of expats. This Savings Account comes with privileges like Free International Platinum Debit Card, Free Outward remittances and Invites to special events. These are some of the features and benefits available with the Expat Savings Account:
  • The Premium Banking Privileges provided with this type of saving account include preferential interest rates for fixed deposits, Free pay orders, demand drafts as well as payable at par cheque books and Service managers who will take care of all your needs among many other benefits.
  • Complimentary Deutsche Bank Platinum Debit Card is available for yourself and joint applicant. Transactions at all ATMs in India are free of cost. The Global ATM alliance allows you to withdraw cash in 40 countries without having to pay any cash withdrawal fees. When you fill fuel at any fuel station in India, you get 2.5% surcharge waived. Purchase Protection Cover worth Rs. 1 Lakh and Lost Card Insurance Cover worth Rs 5 Lakhs are available with this Savings Account. There are over 28 million VISA merchant establishments where you can shop at using your card.
  • Deutsche Bank Investment Services provides the best solutions to your particular financial situation, helping you to save more.
  • Superior Investment Solutions provides options when it comes to your decision of where and when to invest, such as mutual fund schemes, life/ non life insurance products etc. Preferred interest rates can also be availed on deposits of Rs. 1 crore and above.
  • db WealthPro is a wealth management tool provided with this savings account which helps you monitor and control your finances.
  • Use the online banking facility to make life more convenient when it comes to consolidated view of all accounts, paying utility bills, online funds transfer, Service requests, db DirectDebit and SMS/ Email alerts
• Regular Savings AccountChoosing the Regular Savings Account will help you make the most of your savings. This type of savings account needs just a minimum balance of Rs. 15,000.
• Easy Savings AccountThe easy Savings Account requires minimum maintenance and is popular among many first-time savers. You do not have to maintain a certain amount as Average Quarterly Balance (AQB) unlike many other types of savings.

Eligibility for a Deutsche Bank Savings Account:

You will need to go to a branch or contact the phone banking team to find out if you are eligible for the particular type of savings account at Deutsche Bank.

GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.