diff --git a/mifosng-db/patches/patch-0001-deposit-account-table.sql b/mifosng-db/patches/patch-0001-deposit-account-table.sql
new file mode 100644
index 000000000..ea5693489
--- /dev/null
+++ b/mifosng-db/patches/patch-0001-deposit-account-table.sql
@@ -0,0 +1,39 @@
+DROP TABLE if exists `portfolio_deposit_account`;
+CREATE TABLE `portfolio_deposit_account` (
+  `id` bigint(20) NOT NULL AUTO_INCREMENT,
+  `is_deleted` tinyint(1) NOT NULL DEFAULT '0',
+  `external_id` varchar(100) DEFAULT NULL,
+  `client_id` bigint(20) NOT NULL,
+  `product_id` bigint(20) NOT NULL,
+  `currency_code` varchar(3) NOT NULL,
+  `currency_digits` smallint(5) NOT NULL,
+  `deposit_amount` decimal(19,6) DEFAULT NULL,
+  `maturity_nominal_interest_rate` decimal(19,6) NOT NULL,
+  `tenure_months` int(11) NOT NULL,
+  `interest_compounding_frequency` smallint(5) NOT NULL DEFAULT '1',  
+  `interest_compounding_frequency_enum` smallint(5) NOT NULL DEFAULT '2', 
+  `projected_commencement_date` DATE NOT NULL,
+  `actual_commencement_date` DATE DEFAULT NULL,
+  `projected_maturity_date` DATE NOT NULL,
+  `actual_maturity_date` DATE DEFAULT NULL,
+  `projected_interest_accrued_on_maturity` decimal(19,6) NOT NULL,
+  `actual_interest_accrued` decimal(19,6) DEFAULT NULL,
+  `projected_total_return_on_maturity_amount` decimal(19,6) NOT NULL,
+  `actual_total_return` decimal(19,6) DEFAULT NULL,
+  `can_renew` tinyint(1) NOT NULL DEFAULT '0',
+  `renewed_account_id` bigint(20) DEFAULT NULL,
+  `can_pre_close` tinyint(1) NOT NULL DEFAULT '0',
+  `pre_closure_interest_rate` decimal(19,6) NOT NULL,
+  `createdby_id` bigint(20) DEFAULT NULL,
+  `created_date` datetime DEFAULT NULL,
+  `lastmodified_date` datetime DEFAULT NULL,
+  `lastmodifiedby_id` bigint(20) DEFAULT NULL,
+  PRIMARY KEY (`id`),
+  UNIQUE KEY `deposit_acc_external_id` (`external_id`),
+  KEY `FKKW0000000000001` (`client_id`),
+  KEY `FKKW0000000000002` (`product_id`),
+  KEY `FKKW0000000000003` (`renewed_account_id`),
+  CONSTRAINT `FKKW0000000000001` FOREIGN KEY (`client_id`) REFERENCES `portfolio_client` (`id`),
+  CONSTRAINT `FKKW0000000000002` FOREIGN KEY (`product_id`) REFERENCES `portfolio_product_deposit` (`id`),
+  CONSTRAINT `FKKW0000000000003` FOREIGN KEY (`renewed_account_id`) REFERENCES `portfolio_deposit_account` (`id`)
+) ENGINE=InnoDB DEFAULT CHARSET=utf8;
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