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Deutsche Bank Business Loan
Deutsche Bank Business Loan
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Deutsche Bank Business Loan
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Deutsche Bank Business LoanHere are a few factors
| Location | Delhi-NCR,
Mumbai, Pune, Aurangabad, Kolhapur, Moradabad, Ludhiana, Bangalore, Kolkata, Chennai, Salem, Vellore, Ahmedabad, Surat |
| CIBIL Score | 680+ |
| Processing | Offline |
| Business Vintage | 3 Year |
| Minimum Turnover | Service Sector-1.50 Cr-100 Cr, Trader-2.50 Cr-100 Cr, Manufacture-2 Cr-100 Cr |
| Loan Amount & Tenure | 15
Lac-1 Cr ( 15 Month to 36 Month) |
| Loan Product | Term Loan |
| Rate of Interest & Type | 16% to 20% (Reducing) |
| TAT | Sanction-3
Days Disbursement-7 Days |
| Processing Fees | 2% |
| Foreclosure Charges | 4% |
| Applicant Type | Any Self Employed Person |
| Whether Co-Applicant Mandatory | Yes |
| Proprietor Age/Co-Applicant Age | 27 Year-65 Year |
| Part Payment Allowed | No |
| Whether Ownership Proof Required | Yes, either office or residence one should be owned within Lending Branch Jurisdiction |
| Business Registration Proof Mandatory | Yes |
| Program | GST Program-50 Lac, Banking Program-50 Lac, Income Program-1 Cr |
| Product for Professionals | No |
| Negative Profile | Both Side Rented, School, Grain Traders, Advocates, Jewellers,Share Traders, Liquor Business |
| USP | 1.
No of enquiries not matter 2. No of running loan not matter |
| Additional | 1.
51% Shareholding required on Loan if applicant is LLP/Partnership
firm/Company 2. Civil Contractor, Real Estate Profile are call base profile |
Deutsche Bank Business Loan EMI Calculator
Interest Type
Loan Amount
Interest Rate
Loan Tenure
| Loan Amount | ₹100,000 |
| Interest % | 16 % |
| Tenure (months) | 12 |
| Emi (monthly) | ₹ 9,073 |
| Total Interest | ₹ 8,877 |
| Loan Amount + Interest | ₹ 108,877 |
| Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ 23,530 | ₹ 3,689 | ₹ 27,219 | ₹ 76,470 | 23.53 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ₹ 76,471 | ₹ 5,186 | ₹ 81,657 | ₹ 0 | 100.00 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Required Documents to Apply for Deutsche Bank Business Loan
Documents Required
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KYC of applicant & Co-Applicant
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Last 3 year ITR with computation of income of applicant & co-applicant
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Last 3 year audited balance sheet of applicant
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Last 3 year Tax audit report of applicant
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Last 12 month Bank Statement of applicant & co-applicant
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26AS of last 2 year of applicant & co-applicant
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Copy of GST registration
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Copy of MSME registration
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Copy of Last 12 month GST return
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Sanction letter of all running loan
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Debt Sheet
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Latest utility Bill of residence if owned or rent agreement if rented
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Latest utility Bill of Office if owned or rent agreement if rented
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2 Reference with contact details
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Last 3 year Debtors & Creditors on letter head
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List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP
Some Important Points
If Applicant is
- Company-MOA, AOA, COI , PAN Card
- Partnership Firm/LLP- Partnership Deed & PAN Card
- Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
- KYC means Adhaar Card, PAN Card, Passport Size Photo
Co-Applicant means in case of
- Company : Directors
- Partnership firm/LLP : Partners
- Proprietorship Firm : Spouse of Proprietor
Note : Deutsche Bank Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.
About Deutsche Bank Business Loan
Deutsche Bank, one of the top investment banks, has a global network of operations and provides financial services as well as banking. The bank's major focus continues to be business loans within the range of banking products it provides.
Many individuals will aspire to either launch their own business or, if they already own one, grow it and transform it into something greater. Everyone may, at times, require money, whether they are SMEs or MNCs. Businesses can use loans from banks like Deutsche Bank for that specific reason.
Business loans up to Rs. 50 lakh are available from Deutsche Bank at low-interest rates with terms of up to 36 months. Low-interest rates are available to female borrowers with regard to a special programme created just for them.
Here are a few factors about Deutsche Bank
Deutsche Bank, formerly known as Ratnakar Bank, is an Indian private sector bank. It offers services across six verticals: corporate and institutional banking, commercial banking, branch and business banking, retail assets, development banking and financial inclusion, treasury and financial market operations. To meet short-term funding and working capital needs, Deutsche Bank provides completely secured business loans. You can obtain money from the bank to expand your firm. The maximum loan amount granted by the Deutsche Bank is up to Rs. 1 Cr with a repayment period of up to 36 months, and the interest rate on business loans ranges from 16% to 18% p.a. If you are looking to grow your business without worrying about the finances, then Deutsche Bank Business Loan is your way to go! You can easily avail of a business loan from Deutsche Bank which is well supported by their dedicated team and staffs. They offer the most competitive interest rates in the market with a hassle-free documentation process. So, moving ahead let’s explore and find more about Deutsche Bank Business Loan.Save Your Time with a Simple Loan Process
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, you will receive your loan amount shortly.
FREQUENTLY ASKED QUESTIONS
If you want to apply for a Deutsche Bank
business loan, make sure to submit your business documents such as Profit and
loss account, balance sheet, computation of income, tax audit report, and
director’s report for the last two financial years.
You can use Deutsche Bank Business Loans
for multiple business expenses such as, for business purposes including
expansion and medium / long term working capital requirements.
The processing fee on
a Deutsche Business Loan is 2% of the loan amount.
Yes, Deutsche Bank asks for a fixed
foreclosure charge of 5%
No, you can’t apply
for a Deutsche Bank business as the real estate industry falls under the
negative profile for the bank.
Yes, the Credit Maintenance Fee of Deutsche
Bank Business Loan is 1% of
the loan amount per year, to be paid monthly.
Yes, it is mandatory to have a co-applicant
to apply for a Deutsche Bank Business Loan.
To apply for a Business Loan from Deutsche
Bank the minimum age of the applicant must be 27.
No, the business loan offered by Deutsche Bank is an unsecured loan so the applicant won’t need to provide any collateral.
Yes, however,
prepayment is allowed only after nine months from the date of disbursal.
A business loan is a certain amount borrowed from any lender for the purpose of starting or expanding a business.
The minimum ROI of a Deutsche Business Loan is 16% per annum
The maximum ROI of a Deutsche Business Loan is 20% per annum
The highest loan amount you can avail with a Deutsche Business Loan is Rs. 1 Crore
The minimum loan amount you can avail of with a Deutsche Business Loan is Rs. 15 Lacs.
The processing fee for the Deutsche Business Loan is between 2% of your loan amount.
The minimum repayment tenure of a Deutsche Business Loan is 15 months.
The maximum repayment tenure of the Deutsche Business Loan is 36 months.
Yes, you can apply for a Deutsche Business Loan if you are located anywhere in Delhi-NCR, Mumbai, Pune, Aurangabad, Kolhapur, Moradabad, Ludhiana, Banglore, Kolkata, Chennai, Salem, Vellore, Ahmedabad or Surat.
The required minimum business turnover to apply for a Deutsche Business Loan is Rs. 1 crore
To apply for Deutsche Business Loan, your Minimum CIBIL score must be 680
No, your Minimum CIBIL score must be 680 to apply for a Deutsche Business Loan.
Yes, to apply for the Deutsche Business Loan, your Minimum CIBIL score must be 680
You can go to the official website of Deutsche, or you can also switch to ReferLoan for an easy and smooth loan application process.
The acceptance of a low cibil score for a Deutsche Business Loan differs from case to case.
The minimum required age to apply for a Deutsche Business Loan is 27
The maximum required age to apply for a Deutsche Business Loan is 65
Yes, either office or residence property should be owned within the lending branch jurisdiction to apply for a Deutsche Business Loan.
No, Deutsche does not offer an OD Limit on Business Loans.
If you are planning to apply for a Deutsche Business Loan, your business’s minimum vintage must be 3 years.
Any Self-employed individuals can apply for a Deutsche Business Loan
No, providing a Co-applicant to apply for a Deutsche Business Loan is not mandatory.
Yes, providing Business Registration Proof to apply for a Deutsche Business Loan is mandatory.
No, you can’t apply for a Deutsche Business Loan if you have a business related to the Schools.
No, you can’t apply for a Deutsche Business Loan if you have a business related to grain trading.
No, you can’t apply for a Deutsche Business Loan if you have a business related to Liquor.
No, any business of Share Trading is considered an adverse profile in the Deutsche Business Loan.
No, any business related to Jewellery is considered an adverse profile in the Deutsche Business Loan.
Civil Contractors is a call-based profile to apply for a Deutsche Business Loan.
No, Advocacy is considered an adverse profile in Deutsche Business Loan.
No, partial payment is not allowed in a Deutsche Business Loan after 12 months.
The foreclosure charges on a Deutsche Business Loan is 4%
It is an unsecured loan so the applicant won’t need to provide any collateral.
No, Deutsche requires 51% shareholding on its business loan if the applicant is an LLP/Partnership firm/Company.
Deutsche takes 7 days for the disbursement of a personal loan
Deutsche takes 3 days for the confirmation of a personal loan
Yes, you can apply for a Deutsche Business Loan online
The customer care number of Deutsche is 1860 266 6601
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