Deutsche Bank Home Loan

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About Deutsche Bank

Deutsche Bank, a leading global investment bank offers unparalleled financial services throughout the world such as Germany, Europe, North America and Asia including India. The bank with an employee base of more than 78,000 in over 70 countries worldwide is a strong and profitable private client's franchise. Indian branch of the bank is offering an extensive range of financial services including on-shore investment banking, institutional equities broking, retail banking, and business processing outsourcing and asset and private wealth management to Indian corporate, institutional and individual clients.

About Deutsche Bank Home Loan

Deutsche Bank can become your great partner in purchasing your dream house. You can take home loan from Deutsche Bank for buying a new house, extension, renovation, and repairing of your existing house. 

Key features and facts of home loan with Deutsche Bank

  • You can avail home loan up to Rs.15 crores.
  • You can avail the benefit of long and flexible loan tenure of 5 years to 20 years.
  • You can avail Deutsche Bank home loan at an attractive rate of interest with floating and fixed rate options.
  • You can get up to 80% of the current value of the property as a loan.
  • You can get your loan sanctioned with simplified documentation process.
  • You can also transfer the balance of your home loan with another bank to Deutsche Bank.

Eligibility criteria of Deutsche Bank Home Loan

Your home loan eligibility depends upon several factors such as your income, age, job stability, credit score and type of loan opted. The below-mentioned table explains the eligibility criteria of Deutsche Bank Home Loan:

 Eligibility Criteria Salaried EmployeesSelf-Employed 
Age
  • Min. age (loan commencement)-23 years
  • Max. age (loan maturity)- 65 years or superannuation whichever is earlier
  • Min. age (loan commencement)- 23 years
  • Max. age (loan maturity)- 65 years
Job/ Business Stability  2 years  3 years
Minimum Credit Score  650 and above  650 and above
Loan to value ratio  80% of current property value  80% of current property value

Deutsche Bank Home Loan Documentation

Followings are the documents required for salaried and self-employed individuals:

 List of documents Salaried employees Self-Employed
Photo identity proof

  Any of the:

  • Valid passport
  • PAN card
  • voter ID card
  • valid driving license
  • Job ID card by NREGA signed by central or central govt.
  • Aadhar card

Any of the:

  • Valid passport
  • PAN card
  • voter ID card
  • valid driving license
  • Job ID card by NREGA signed by central or central govt.
  • Aadhar card
Address Proof 

Any of the:

  • Valid passport
  • PAN card
  • voter ID card
  • valid driving license
  • Job ID card by NREGA signed by central or central govt.
  • Aadhar card

Any of the:

  • Valid passport
  • PAN card
  • voter ID card
  • valid driving license
  • job ID card by NREGA signed by central or central govt.
  • Aadhar card
Signature Proof  

Any of the:

  • Valid passport
  • Bank's certificate
  • driving license
  • PAN card

 Any of the:

  • Valid passport
  • Bank's certificate
  • driving license
  • PAN card
Age proof  Any of above-mentioned documents or Birth Certificate  Any of above-mentioned documents or Birth Certificate
Financial documents
  • Salary slips of last 3 months
  • Form 16 issued by your employer
  • Certification by HR reflecting all allowances and reimbursements (if there are any)
  • Bank statement of last 6 months
  • Details of existing loan or loan closure letter
  • ITR of last 2 years
  • P & L statement and balance sheet of last 2 years (signed by CA)
  • Proof of business continuity of last 3 years
  • Bank statement of last 6 months
  • Note including brief details about nature of a business, a form of organization, clients, and suppliers etc.

  • Interest Rate 9.45% - %
  • Loan Amount20L - 20Cr
  • Processing Fee 11500 - 0.25%
  • TenorUpto 20 Years

  • Quick Apply

Deutsche Bank Home Loan Fees & Charges

Deutsche Bank charges following charges:

 Type of Charge Amount
Administration fees  Up to 1% of loan amount disbursed
Loan foreclosure/ prepayment charges

  Fixed rate loan:

  • 2.50% of loan amount (Part payment charges)
  • 2.50% of loan outstanding at loan maturity (Pre-closure charges)

  Floating rate loan: no prepayment or part payment charges

 Important Note:

  • Extra taxes are available on prepayment or part payment charges.
  • In case your loan application is declined by the bank, either the penalty of Rs.2, 000 or the fee payable by you will be deducted towards loan administration fee and the rest of your remaining amount will be refunded.

Other Available products from Deutsche Bank

  • Business Loan
  • Home Loan Balance Transfer
  • Loan Against Property
  • Personal Loan
  • Unsecured Business Loan
  • Overdraft against Deposit

EMI CALCULATOR

EMI Calculator

EMI Calculator

Loan EMI

Total Interest Payable

Total of Payments
(Principal + Interest)