Deutsche Bank Home Loan

Now with the help of Deutsche Bank Home Loan, you can buy your desired home. It offers both floating and flat interest rate for home loan.

Deutsche Bank Home Loan Product & Features-

Deutsche Bank offers different types of home loans to fulfill the need of its customers-

• Home Loan for fully completed or under-construction properties
• Home Extension Loan
• Home Improvement 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

Deutsche Bank Interest Rates

Below mentioned is the Deutsche Bank Interest Rates list-

Deutsche Bank Home Loan Eligibility

Deutsche Bank Home Loan Eligibility criteria for salaried and Self-employed applicants is as follows-

• Minimum age should be 23 years
• Age should be not more than 65 years at the time of maturity of loan
• There should be minimum gross annual income of 5,00,000

Deutsche Bank Home Loan Documents:

For Deutsche Bank Home Loan, you need to submit the following documents-

• Salary slip of last three months
• Form 16 or ITR
• HR certification showing all allowances and reimbursements (if any)
• Copy of bank statement (main account) for last 6 months
• Repayment details on any existing loans or loan closure letter
• Profit & Loss Account along with computation of Income and Balance Sheet for last 2 years, duly certified by a CA
• Proof of business continuity for last 3 years
• Copy of bank statement (main account) for last 6 months
• Short note on the nature of business, form of organization, clients and suppliers, etc.
• Address Proof
• Identity Proof
• Property Documents

Deutsche Bank Home Loan EMI Calculator

Use the Deutsche Bank Home Loan EMI Calculator to calculate the exact amount that you need to pay as your monthly installment.
Below mentioned is the personal loan EMI calculator-

E = P x r x (1+r)^n/((1+r)^n – 1)

Here:

• E = Amount that you need to pay every month
• P = Amount that you want to borrow from bank.
• r = rate of interest that is applicable. It is calculated on a monthly basis instead of the annual rate of interest.
• n = duration of the loan in terms of months.