Deutsche Bank

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range
Action

Rate of Interest

  • Floating rate of Interest : 8.90% p.a. to 9.65% p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 65 years
  • Loan period from 5 years to 20 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing Fees 0.00% to 1.00% depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Deutsche Bank

Deutsche Bank is a German global banking and financial services company. Deutsche bank home loan is offered to ever class of people at its affordable and attractive rates of Interest and has varied home loan benefits. Deutsche bank is a world leader in providing innovative financial solutions to institutions, corporate and individuals.

Your Eligibility depends on following


You should be minimum 21 years old

You should be maximum 65 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Make your spouse as co applicant , her/his income will also be added in eligibility
Choose longer tenure of loan period maximum upto 25 years
Add more than one co applicant if required to enhance your eligibility
Close short term loans, this will also increase your eligibility

Rate of Interest and Other Charges for Home Loan are following

The MCLR Rates set by Deutsche Bank are as follows:

Sno.

Loan tenure

MCLR Rate

1

Overnight

8.90%

2

1 Month

9.15%

3

3 Months

9.40%

4

6 Months

9.40%

5

1 Year

9.65%

Existing Loan take over or New Loan

Following are the features of Deutsche Bank Home Loan

  • You can take up to amount of Rs. 15 Crore.
  • Attractive rate of interest are available.
  • There is choice between fixed and floating rates.
  • Home Loan for NRI is also available.

Features of Loan

 Some of the attractive features of Deutsche Home Loan are as follows:

  • Avail of loan amounts up to Rs. 15 Crores.
  • Enjoy the flexibility of tenures that ranges from 5 years to 20 years.
  • Choose between a fixed or a floating interest rate for your loan and enjoy
  • complete peace of mind with attractive interest rates and savings on taxes
  • Under Income Tax Act, 1961.
  • Maximum value out of your property
  • Easy documentation for faster approvals
  • Benefit with Balance Transfer option
  • Pay less with interest calculated on a daily reducing balance
  • Easy eligibility criteria for easy approvals
  • Insurance Plans for your Home Loan

Documents Required for applying  Home Loan  with Deutsche Bank

  • Signed application form with photograph
  • Pan Card for all applicant and co applicants
  • ID proof and residence proof for all applicant and co applicant
  • ITRs with computation for latest 3 years
  • Copies of Sanction letter/ Statement of account of all existing loans
  • Other Documents required for Salaried person
    1. Salary Slip for last 6 months
    2. Bank Statement for last 6 Months
    3. Form 16 for last 2 years
    4. Relationship proof with co applicant
  • Other Documents required for Self Employed – Proprietorship
    1. Business profile
    2. CA certified profit and loss account along with balance sheet for last 3 years
    3. Business registration certificate
    4. Office address proof
    5. Bank Statement for last 12 months
    6. Relationship proof with co applicant
  • Other Documents required for Self Employed – Partnership Firm
    1. Business profile
    2. CA certified profit and loss account along with balance sheet for last 3 years
    3. Partnership deed
    4. Office address proof
    5. Business registration certificate
    6. Bank Statement for last 12 months
  • Other Documents required for Company
    1. Business profile
    2. CA certified profit and loss account along with balance sheet for last 3 years
    3. MOA/AOA/COI
    4. Office address proof
    5. Business registration certificate
    6. Bank Statement for last 12 months
  • Additional Documents required for Balance Transfer case
    1. Statement of account of existing loan
    2. List of Documents given to existing bank
    3. Foreclosure letter
  • Property papers
    1. Complete chain of property papers along with sanctioned plan