Deutsche Bank Launches Savings Account Exclusively for Professionals

Deutsche Bank today announced the launch of ‘Deutsche Professional Savings Account’ a new savings bank account product aimed to meet the specific banking needs of professionals such as doctors, chartered accountants, architects, lawyers and company secretaries.

The Deutsche Professional Savings Account has a host of unique benefits and features:

• Zero balance savings account

• Free cheque pick up and cash delivery with doorstep banking

• Complimentary platinum debit card with free ATM usage

• Preferred rates on processing fees for overdraft facility, free payable at par cheque books, demand drafts and pay orders

• Free fund transfer via RTGS / NEFT with Deutsche Bank online banking.

Additionally, customers will be automatically enrolled in a loyalty program which entails reward points across various banking transactions – debit card purchases, net banking transactions, payment of EMIs—which can be redeemed for cash credit into their Deutsche Professional Savings Account.

Speaking on this occasion Japjit Singh Bedi, Director, Head of Deposits & Wealth Management, Deutsche Bank India, said “customer centricity has always been at the core of our business. We identified that professionals have specific banking needs and we are confident that this new proposition will meet the requirements of this highly discerning segment.”

About Deutsche Bank:

Deutsche Bank is a leading global bank. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in more than 70 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.

Deutsche Bank group has been operating in India since 1980 with a strong presence in the businesses of corporate banking and securities, equity broking, transaction banking, retail banking, asset management, private wealth management and global business services. With more than 9000 staff and operations across 16 locations in India, the Bank is recognized as one of the leading foreign financial services providers in India. The bank’s retail banking division offers a broad range of innovative banking products and services – from daily banking, insurance and investments to loans for individual and business customers and serves its customers through 17 branches in 16 cities across India.

www.db.com