One of the world's largest financial institutions Deutsche Bank is a German-based financial services provider known for its significant presence in India. It has various corporate centers and branches opened all across India. The bank has come up with some attractive fixed deposit schemes of different tenures and interest rates for the customers. At loanbaba.com, we tell you the best fixed deposit rates, FD India schemes, recent Deutsche Bank FD rates, and senior citizen fixed deposit and term deposit rates.
The short-term FD interest rates from Deutsche Bank range between 4% and 6% per annum for the tenure of seven days to one year. The short-term holding is seven days for which returns are pegged at 4% per annum, and it gets enhanced to 4.5% per annum for the tenure of 8-14 days. Moreover, it is eventually increased by 0.24% to become 4.74% per annum for the tenure of 15-29 days, and it becomes 5.25% per annum for the holding period of 46-89 days.
For the holding period of nine months, the interest rate is calculated at 5.95% per annum, and when it is increased to one year, the returns can be pegged at 6% per annum.
For the holding period of five years, one can avail the highest rate of 8.25% per annum. But, there is an option of choosing the tenures ranging between 4-5 years for which the returns are pegged at 7.25% per annum. Moreover, for the holding term between 1-2 years, the interest rate is calculated at 7% per annum, and it gets enhanced by virtue of 25 basis points to 7% per annum for the holding period of 2-3 years, and it remains unchanged for the tenure of 3-4 years.
Deutsche Bank is offering the senior citizens with attractive rates on their deposits.