Deutsche Bank Savings Account

Deutsche Bank is an international investment bank. It offers financial services as well as products to customers in 70 countries across the globe. It was established in 1870 and has almost 80,000 employees. Its headquarter is in Frankfurt, Germany. Deutsche Bank provides financial services to individual clients, institutions and corporates in India. The bank provides institutional equities broking, on-shore investment banking, asset and wealth management, outsourcing of business processes and retail banking.

Types of Deutsche Bank Savings Account

Value-Plus Savings Account: This account surely makes life a little simpler for customers. Apart from the features like online and phone banking, there are a lot of lucrative offers with this account. The instant account opening kit lets customers begin their transactions unbelievably fast. Minimum balance requirements are quite flexible too - customers can either maintain a minimum Assets Under Management of Rs.1,50,000 or a minimum of Rs.1,00,000 in their account as the Average Quarterly Balance. Grouping accounts of family members can also be done with this account. This account gives all account holders a free  International Gold Debit Card which has reward points for every transaction made at merchant outlets and high withdrawal limits. This account has great fraud protection laws of zero customer liability. Apart from these basic hassle-free banking services, this account also offers a plethora of value-added services. Being an international bank, customers get to withdraw money using their debit cards in many countries without having to pay any withdrawal charge. E-statements are sent as emails and SMS alerts and the internet banking portal of the bank provides amazingly convenient banking services.

Expat Savings Account: As the name of the account suggests, it is meant for expatriates (people living away from their homeland). This account is designed with a sincere understanding of the special requirements of expats. It offers privileges such as a free International Platinum Debit Card, outward remittances and invitations to special events. Premium banking privileges are provided to the customers of this account, including preferential interest rates for FDs, free pay orders or demand drafts and special service managers to take care of the customers' needs. A complimentary Deutsche Bank Platinum Debit Card is provided to the account holders which gives access to free ATM transactions in India. There is a global ATM alliance which lets you withdraw cash in 40 countries without paying any withdrawal charges. Additionally, Deutsche Bank's Investment Services provides efficient solutions to particular financial situations, thus helping the customers to save more. The online banking facility of the bank makes life more comfortable and convenient when it comes to the consolidated view of all accounts, online funds transfer, Service requests, paying utility bills, DB DirectDebit and SMS or Email alerts.

Regular Savings Account: The Regular Savings Account of Deutsche Bank helps a customer make the most of their savings. The minimum balance required for this is just Rs. 15,000.  

Easy Savings Account: The Easy Savings Account is popular among first-time savers. It requires minimal maintenance and is flexible with the minimum balance to be kept in the account.

Minimum Balance Requirements for a Savings Account at Deutsche Bank