Deutsche Bank Business Loan Details

Rate of InterestCompetitive rates
Minimum loan amountRs. 10 Lakhs
Maximum loan amountRs. 50 Lakhs
Repayment tenureUp to 36 months
Processing feeUp to 3% of the loan amount
Prepayment charges Up to 5% of the outstanding balance
Age23 - 65 years  
Minimum business vintage5 years

Types of Deutsche Bank Business Loans

Following are the Business Loans schemes offered by Deutsche Bank:

Unsecured Business Loan

This collateral-free business loan can be availed of to meet all kinds of business expenses, including working capital.

  • Minimum and maximum loan amount is Rs. 10 Lakhs and Rs. 50 Lakhs respectively.
  • Rate of interest depends on the subjective ratings assigned by the bank.
  • No stipulation of guarantee/collateral.

Business Instalment Loans

This business loan can be availed by small and micro enterprises engaged in manufacturing, processing, preservation of goods, or rendering services for expansion, working capital requirement and other business purposes.

  • Loan amount ranges from a minimum of Rs. 10 Lakhs up to Rs. 50 Lakhs.
  • Repayment tenure ranges between 12 months to 36 months.
  • Rate of interest is flexible depending on internal ratings.
  • No collateral requirement.

Eve's Business Loan

This business loan is specially designed for women entrepreneurs, self-employed or running a micro/small business to meet their working capital needs, purchase equipment for business, or cater to other business requirements.

  • Loan amount offered is between Rs. 10 Lakhs and Rs. 50 Lakhs.
  • Repayment tenure ranges between 15 months to 36 months.
  • Get the benefit of performance and relationship-based discounts.
  • Personal guarantee of critical partner/entrepreneur is necessary.

Loan against Property

It is a business loan against the mortgage of residential or commercial property to meet business requirements.

  • For residential properties, the maximum amount of loan is Rs. 15 Crores and for commercial property, it is Rs. 5 Crores.
  • Loans available to purchase commercial property or shop.
  • The repayment tenure is between 5 and 15 years.
  • Property insurance facilities available.

Emergency Credit Line Guarantee Scheme (ECLGS)

The ECLGS scheme was launched by the Government of India in view of the current COVID-19 crisis for providing 100% guarantee coverage for additional working capital term loans to the existing borrowers of the Bank (Business Enterprises and MSMEs).

Emergency credit line up to 20% of total outstanding as on 29 February 2020.

  • Business enterprises and MSMEs with outstanding loan of up to Rs. 50 Crores and turnover up to Rs. 250 Crores are eligible.
  • Fixed interest rate of 9.25% p.a. and no charges/guarantee fee to be charged.
  • Maximum tenure is up to 4 years with 12 months moratorium period on principal amount.

Features of Deutsche Bank Business Loan

Deutsche Bank Business Loans come with attractive features:

  • Collateral-free loans available for small and micro enterprises in the manufacturing and services sectors.
  • Flexible loan repayment tenure up to 36 months.
  • Collateral-free loans in the range of Rs. 10 Lakhs to Rs. 50 Lakhs.
  • Export finance facilities available.
  • Non-fund based requirements like LC and BG.

Why Choose Deutsche Bank Business Loan?

Business Loans offered by Deutsche Bank come loaded with the following benefits:

  • Relaxed eligibility norms and quick processing.
  • Straightforward documentation procedure.
  • Unique loan product for women entrepreneurs.
    • Loans are available at attractive interest rates with easy documentation.
    • Business loans to start-up enterprises as well as established business concerns
  • Loans available for various purposes such as meeting working capital requirements, purchasing fixed assets or equipment for business use, expansion of existing business.

Deutsche Bank Business Loan EMI Calculation

You can use MyMoneyMantra Business Loan EMI Calculator or EMI Calculator available on the website of Deutsche Bank. Get the EMI calculation by just entering the loan amount, rate of interest, and repayment tenure.

Here is an example to help you understand how it works:

Loan amount to be availed: Rs. 20 Lakhs

Applicable interest rate: 17% p.a.

Repayment tenure opted for: 3 years

In this case, the monthly EMI payable by you would be Rs. 71,305. The total interest amount to be paid would be Rs. 5,66,996. In total, you have to pay Rs. 25,66,996 to the bank.

In addition to the EMI, our EMI Calculator will also provide the complete amortization schedule of your loan payment.

The complete amortization schedule for the above example is:

YearOpening balance

Amount Paid by

customer(EMI*12)

Interest paid during

the year

Principal paid during

the year

Closing balance
1Rs. 20,00,000Rs. 4,27,833Rs. 1,60,694Rs. 2,67,139Rs. 17,32,861
2Rs. 17,32,861Rs. 8,55,665Rs. 2,48,737Rs. 6,06,928Rs. 11,25,933
3Rs. 11,25,933Rs. 8,55,665Rs. 1,37,128Rs. 7,18,537Rs. 4,07,396
4Rs. 4,07,396Rs. 4,27,833Rs. 20,437Rs. 4,07,396Rs. 0

Deutsche Bank Business Loan Documents Required

The documents needed for Deutsche Bank Business Loans are as follows.

KYC Documents:

Applicants should submit KYC documents for individual promoters, proprietors, partners, and directors. Providing any one of the documents from among the options in each category should suffice.

Identity Proof

·         PAN Card

·         Valid Passport

·         Voter ID Card

·         Valid Driving Licence

·         Aadhar Card

·         Job card issued by NREGA

Address ProofSame as those listed above
Signature Proof

·         Valid Passport

·         PAN card

·         Driving Licence

·         Banker's certificate

Age ProofBesides the documents listed in the ID proof segment, the birth certificate is also acceptable as proof of age.
  • Apart from KYC documents of individuals, the business enterprise should also submit the respective documents to prove the existence of the firm.
  • Partnership firms should submit a copy of their partnership deed along with KYC details of the business entity such as PAN Card and address proof.
  • Companies need to provide documents like Articles of Association, Memorandum of Association, Certificate of incorporation, Board Resolution, list of directors.

Financial Documents

Deutsche Bank requires the following audited financial documents for the last 2 years:

  • Balance Sheet
  • Profit and Loss Statement
  • Tax Audit Report
  • Computation of Income
  • In the case of companies, the director's report is also necessary.

Apart from these financial documents, the applicants have to submit the 6 months’ statement of the main bank account of the business entity.

Deutsche Bank Business Loan Eligibility

Following are the Business Loans schemes offered by Deutsche Bank with their features and eligibility criteria:

Unsecured Business Loan:

  • The business enterprise should be in existence for a minimum of 5 years in the same line of business.
  • The entity should be operating in the same city for 5 years to classify as a Business Vintage Customer.
  • Submit the required documents.

Business Instalment Loan:

  • Small and micro enterprises engaged in manufacturing activities, process, preservation of goods, and the service sector are eligible to apply.
  • Submit KYC and financial documents.
  • Applicants must qualify as SME as per RBI norms.
  • To be eligible as Business Vintage Customer, the applicant should operate in the same city for 3 years in a similar line of business.

A vital partner of the firm/enterprise should stand as guarantor to the loan.

 Eve's Business Loan:

  • Women entrepreneurs, self-employed or running a micro/small business can apply.
  • Satisfy RBI norms regarding SME classification.
  • Personal guarantee of critical partner/entrepreneur is necessary.
  • Must be active in the same line of business and operate in the same city to qualify as a Business Vintage Customer.

Loan against Property for Business Purposes:

  • Residential or commercial property can be offered as collateral
  • Residential property should be self-occupied or rented out.
  • Property in joint names with minors/HUF/trusts is not acceptable.
  • Commercial property should be occupied office premises or shop.

Deutsche Bank Business Loan Charges

Types of chargesQuantum
Documentation & processing chargesUp to 3% of the disbursed amount
Foreclosure chargesUp to 5% of the principal outstanding
Credit maintenance feeUp to 1% of the disbursed amount payable monthly
Portfolio service chargesUp to 1.5% of the disbursed amount to be paid monthly
Fees for unsuccessful repaymentRs. 500 on each occasion of dishonour of PDC/ ECS/ NACH
Default interest rateUp to 24% p.a.
PDC/ECS/NACH swap chargesRs. 500 per swap
Duplicate statement issuanceRs. 500
CIBIL report issuanceRs. 50
Other taxes & government leviesAs applicable
Stamp duty on loan agreementDepends on local regulations

How to Apply for Deutsche Bank Business Loan?

Visit our website and access the Business Loan tab on the menu bar.

  • The next couple of steps require you to provide necessary details that help to determine your customer profile.
  • We seek the details of your mobile number to verify the genuineness of the application by sending an OTP.
  • On entering the OTP at the appropriate location, you can access the best matching loan offers of more than 100 financial institutions.
  • Choose Deutsche Bank Business Loan and proceed to apply for the Business Loan.
  •  Our customer service executives help you in completing the documentation formalities while explaining the loan procedure.

Factors Affecting the Deutsche Bank Business Loan Interest Rates

  • Financial viability of the business model.
  • Managerial competence of the business concern.
  • Level of competition in the industry.
  •  Industry level performance of the business entity.
  • Annual turnover and overall growth.
  • Provision of margins.
  • Financial ratios.

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Deutsche Bank Business Loan FAQs

Can a start-up firm avail an unsecured Business Loan from Deutsche Bank?

No, the eligibility criteria for unsecured Business Loans do not permit start-up enterprises to avail unsecured Deutsche Bank Business Loan. The business should be in existence for a minimum of five years in the same city. Besides, the eligibility norms require the submission of audited financial statements of two years.

Is part prepayment allowed in Deutsche Bank Business Loan?

No, Deutsche Bank does not accept part payment of a Business Loan. It allows borrowers to foreclose the loan after nine months from the date of disbursal.

Does Deutsche Bank grant SME loans under CGTMSE guarantee?

Yes, Deutsche Bank is one of the five foreign banks in India that are member lending institutions recognised by CGTMSE. Hence, it approves SME loans under CGTMSE guarantee as per the norms stipulated by the Government of India.

Is it beneficial to have a Deutsche Bank current account when availing a Business Loan?

Yes, it is beneficial because you can issue standing instructions for repaying your loan instalments. This facility ensures that you do not miss out on the repayment of your loan.

Does Deutsche Bank offer doorstep delivery of cash and cheques?

Yes, Deutsche Bank offers attractive customer-friendly facilities like doorstep delivery of cash or DDs. Customers can also use the cheque pick up facility to deposit cheques into their account without visiting the bank.

Is it possible to track your loan application with Deutsche Bank online?

Deutsche Bank offers the facility to track your loan applications online. Users have to enter the application serial number, PAN, and a verification code to get the status of their loan applications.

Is any guarantee required for Deutsche Bank Business Loans?

Yes, the personal guarantee of the key partner/director/entrepreneur is necessary for Business Instalment Loan and Eve Business Loan.