Deutsche Bank

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

Rate of Interest

  • Floating Rate of Interest : 11.75 % to 13 % p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 65 years
  • Loan period from 1 years to 15 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  Fee 2%  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 global German Banking and financing institution. Its headquarters in Frankfurt, Germany. First branch of Deutsche bank established in India in 1980. It has now become one of the most dominant private global banking institution in our country with leading transactions-based business. Deutsche bank is a german global banking and financial services company. The Deutsche bank offers financial products and services for corporate  and institutional clients along with private and business clients.

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

Minimum income required Rs.25,000 per month
EMIs of other loans lower your eligibility
Pay off your credit card bills
Choose longer tenure loan up to 15 years

Rate of Interest and Other Charges for Loan Against Property are following

Rate Of Interest:

Sno.

Loan Type

Rate Of Interest

1

Loan Against Property(Floating)

11.75%  to 13%

Existing Loan take over or New Loan

Some points for why you should choose Deutsche for Loan Against Property:

  • Get higher loan amounts ranging from Rs.10 lakhs up to Rs. 15 crores.
  • Maximum value out of your property by getting finance up to 75%*of your residential property value.
  • Loan repayment can extend to 15 years.
  • Loans available on residential as well as commercial property.

 

Features of Loan

 Features and Benefits of Deutsche Bank Loan Against Property:

  • Loan against commercial property
  • Flexible tenure up to 15 years
  • Loan against residential property
  • Quick loan approval
  • Higher loan amount ranging from  Rs. 10 lakhs to Rs. 10 Crores
  • Loan up to 75% of the market value of your residential property
  • Minimum documentation
  • Zero prepayment charges

Documents required for Deutsche Bank Loan against Property

For Salaried Individuals:

  • Proof of Residence(any of the following documents will be accepted)
  1. Ration Card
  2. Telephone Bill
  3. Electricity Bill
  4. Voter’s ID Card
  • Proof Of Identity(any of the following documents will be accepted)
  1. Voter’s Card
  2. Driver’s License
  3. employer’s Card
  • Bank Statement / Passbook of last 6 months
  • Salary slip of last 6 months.
  • Form 16 for previous 2 years.
  • Legal documents of the concerned property.

For Self-employed individuals

  • Certified financial statement of last 3 years.
  • Proof of Residence (any of the following documents will be accepted)
  1. Ration Card
  2. Telephone Bill
  3. Electricity Bill
  4. Voters Card
  • Proof of Identity (any of the following documents will be accepted)
  1. Voter’s Card
  2. Driver License
  3. Employer’s Card
  • Latest Bank Statement or Passbook
  • Copies of all property documents which you want to use as collateral.