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IKB Deutsche Industriebank for Expats in Germany

The fixed deposit by IKB Deutsche Industriebank is available with various maturities and offers a maximum interest rate of 3.2% for the 60-month term to eligible residents in Germany.

Written by Christian - German Expat Banking & Connectivity Expert
Last update: August 25, 2026Last data check: September 19, 2026

IKB Deutsche Industriebank IKB Festgeld at a Glance

Account type: Festgeld / fixed deposit
Deposit insurance: Germany (up to €100,000 per customer)
Available maturities: See table below

Term

Interest rate

Deposit amount

Term / interest rate / deposit amount

1 month

1% (paid Annually)

Min. €5,000
Max. €250,000

Open Fixed Deposit

3 months

1.8% (paid Annually)

Min. €5,000
Max. €250,000

Open Fixed Deposit

6 months

2% (paid Annually)

Min. €5,000
Max. €250,000

Open Fixed Deposit

9 months

2.2% (paid Annually)

Min. €5,000
Max. €250,000

Open Fixed Deposit

12 months

2.8% (paid Annually)

Min. €5,000
Max. €250,000

Open Fixed Deposit

24 months

3% (paid Annually)

Min. €5,000
Max. €250,000

Open Fixed Deposit

36 months

3.1% (paid Annually)

Min. €5,000
Max. €250,000

Open Fixed Deposit

48 months

3.15% (paid Annually)

Min. €5,000
Max. €250,000

Open Fixed Deposit

60 months

3.2% (paid Annually)

Min. €5,000
Max. €250,000

Open Fixed Deposit

120 months

3.2% (paid Annually)

Min. €5,000
Max. €250,000

Open Fixed Deposit

How Can I Manage the IKB Deutsche Industriebank IKB Festgeld?

The with IKB is managed through the bank's online banking service, which allows customers to, amongst others, view balances, open accounts, transfer funds, and manage settings. Customer service is available via telephone, secure message in the online banking, and email. Support and interfaces are provided in German.

How Can I Open the IKB Deutsche Industriebank IKB Festgeld?

The can be opened via a digital application process on the bank's website. First, open a clearing account called "IKB Cashkonto," which gives you access to all savings options at IKB.

Applicants must typically be at least 18 years old, but they can also open a "junior account" with the support of a parent or guardian. You require a residence in Germany and a current account with a valid IBAN to perform withdrawals. As part of the onboarding process for the IKB fixed-term deposit, customers must complete identity verification via online video chat (VideoIdent) or in person at a post office (PostIdent).

Good to Know

Not sure if this account is right for you? Compare current Festgeld rates and estimated returns across available accounts in Germany.

Compare Fixed Deposits in Germany

About IKB Deutsche Industriebank
IKB Deutsche Industriebank AG is a German bank with a long-standing focus on corporate and project financing, particularly for medium-sized enterprises. Founded in 1924, IKB is one of Germany’s established specialist banks and combines traditional banking expertise with selected retail savings products.
Alongside its core corporate banking activities, IKB offers deposit products such as Tagesgeld and fixed-term deposits to private customers, primarily via digital channels. The bank emphasises stability, professional risk management, and transparent conditions.
IKB Deutsche Industriebank Deposit Protection
Deposits held with IKB are protected under Germany's statutory deposit guarantee scheme, the "Entschädigungseinrichtung deutscher Banken", up to 100,000 euros per depositor and bank in accordance with EU law. Germany's sovereign credit rating is very strong (AAA with major rating agencies), supporting confidence in the national banking and deposit protection framework.
In addition, IKB Deutsche Industriebank AG is a member of the Deposit Protection Fund of the Association of German Banks (ESF), thus providing protection beyond the statutory minimum.

Open IKB Deutsche Industriebank IKB Festgeld

About the Author

Christian is a founding member of and writer at Settle in Germany. He strives to empower expats - whether fleeing war or seeking their next career step - to make their own smart and confident decisions.His guides deliver reliable and objective information about banking and connectivity in Germany. Christian brings in his profound financial and business knowledge from his studies in International Management and a successful long-year track record within international corporations. Having grown up here and lived in six countries across three continents, Christian knows the ins and outs of German particularities and understands what it means to adjust to a new environment. He is deeply immersed in Berlin's expat community, working as a personal coach to support internationals shaping a new life in Germany.

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This content is for general information only and does not constitute personalized financial advice or a recommendation to use any particular product or provider. Product features, rates, fees, eligibility requirements, and terms can change. Please conduct your own research and seek independent professional advice where appropriate. Always verify the current terms with the provider before purchasing a service or opening an account.