Deutsche Bank Business 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 Business Loan

Finance is a blood for any business and any abruption can lead to multiple problems. Deutsche Bank offers an unsecured business loan to help in the smooth flow of finance in business. The bank ensures the fast loan processing, easy documentation and hassle-free loan disbursement. Deutsche Bank offers business loan at competitive and attractive interest rates.

Deutsche Bank Unsecured Business Loan Features and Benefits

Unsecured Business Loan by Deutsche Bank possesses the following features and benefits:

 

Loan Amount: The minimum loan amount provided by the bank is 10 Lakhs that can go up to maximum 50 Lakhs.

 

Documentation and Loan processing time: Deutsche Bank is one of the banks that require lesser documentation for loan processing. The bank also ensures quick loan disbursement.

 

Security/ collateral: Unsecured Business Loan by Deutsche Bank can be taken without any security or collateral.

 

Rate of interest: Deutsche Bank offers business loan at an attractive rate of interest, however, the default interest rate set by the bank is 24%.

 

Repayment options: The loan can be repaid using several options including PDCs (Post Dated Cheque), EMIs (Equal Monthly Instalment) and Standard Instruction.

 

Prepayment of business loan: The loan availed can be easily prepaid after 9 months of loan disbursal. However, part payment is not allowed.

 

Business Loan tenure: The loan can be taken for a minimum tenure of 12 months and maximum of 36 months.

                                                                                     Apply for a Business Loan

Deutsche Bank Eligibility Criteria

Following are the factors that affect loan eligibility:

 

Who can apply? : Small and Medium Enterprises, manufacturers, professionals, service providers and traders can avail business loan from Deutsche Bank.

Business Vintage: The business should be at least five years of vintage and operating in the same city for 5 years.

 

Financial Documents: To avail business loan from Deutsche Bank you should have financial statements of at least 2 years duly certified by CA.

Deutsche Bank Business Loan Fees and Charges

 Fee Type Amount/ Percentage
Processing Fee   Up to 3%
Loan Prepayment   5% of the outstanding principal amount at the time of foreclosure

  • Interest Rate 16.5% - 18%
  • Loan Amount 1L - 50L
  • Processing Fee 2%
  • Tenure3 Years

  • Quick Apply

Deutsche Bank Business Loan Documentation

Along with the filled application form following documents are required:

Type of DocumentSalaried/Self-Employed
Photo Identity (Any one)
  • Valid Passport
  • Photo PAN Card
  • Voter's ID
  • Valid Driving License
  • Job Card issued by NREGA duly signed by the state government officer
  • Aadhar Card or the letter issued by the UDAI
Address Proof (Any one)
  • Valid Passport
  • Valid Driving License
  • Voter's ID
  • Job Card (issued by NGERA and duly signed by officer of state government)
  • Aadhar Card or the letter issued by the UDAI
Signature Proof (Any one)
  • Valid Passport
  • Banker's Certificate
  • Driving License
  • PAN Card
Age Proof (Any one)
  • Birth Certificate
  • Valid Passport
  • Photo PAN Card
  • Voter's ID
  • Valid Driving License
  • Job Card (issued by NGERA and duly signed by officer of state government)
  • Aadhar Card or the letter issued by the UDAI

Other Loan Products by Deutsche Bank

  • Home Loan
  • Loan Against Property
  • Personal Loan