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Deutsche introduces zero balance account

img_0166Deutsche Bank has launched a zero balance savings account in India for professionals like doctors, chartered accountants, architects, lawyers and company secretaries. The bank, which operates 17 branches in the country, is offering free cheque pick up and cash delivery at the door step for customers. The bank said users also get a ‘platinum’ debit card with free ATM usage and other benefits like preferred rates on processing fees for overdraft facility and free ‘payable at par’ cheque books, demand drafts and pay orders. Account holders will also be able to transfer funds for free using the RTGS or the NEFT channels. They can also earn cash credit into the accounts for transaction, such as debit card purchases, net banking transactions and payment of EMIs under the bank’s loyalty program.

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