Here are a few factors

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Location 40Km from Branch
CIBIL Score 700+
Applicant Any Salaried or Self Employed
Applicant Age 21 Year to 65 Year
Loan Amount & Tenure 2 Cr- 50 Cr
( 3 Year to 15 Year)
Login Fees 5900
Rate of Interest & Type 9.75%-11% (Reducing)
TAT 15 days
Processing Fees 0%-1%%
Foreclosure Charges 2% to 4%
Insurance 0%-2%
Minimum Business Vintage 3 Year
Lock In Period 6 Month
Part Payment Allowed Yes
LTV (i) Residential-85% (ii) Commercial-80% (iii) Industrial-50%
(iv) If Residential Property is rented/vacant-LTV will be 10% less
(v) If Commercial Property is vacant/rented/purchase-LTV will be 10% less
Product (i) Fresh Loan (ii) BT+Topup (iii) Commercial & Industrial Purchase (iv)LAP+OD Product
Program (i) EMI Surrogate-5 Cr (18 Month 1.15X, 24 Month 1.25x)
(ii) Income Program-50 Cr 
FOIR DSCR should be 1
Cautious Profile No Cautious Profile
Negative Profile (i) Politician (ii) Jewellers (iii) Real Estate (iv) Applicant living in dominated area
Funded Property (i) Approved Residential Property (ii) Approved Commercial Property
(iii)Approved Industrial Property (iv)Approved Mall & Commercial Complex Property 
Negative Property (i) Unapproved Property (ii) Without MAP Property (iii) Lease hold Property without PTM
(iv)Stand Alone Basement (v) Auction Property (vi) Demolition List Property (vii) Lal Dora Property
(viii) Khasra & Khatauni Property (ix) Subject to Sale Deed Property (x) GPA Property
(xi) Gift Deed Property (xii) Single Sale Deed Property (xiii) Legal & technical not clear
(xiv) Stone Slab Property (xv) Hotel & Restaurant (xvi) Hospital & Nursing Home (xvii) School
(xviii) Multi Tanented Unit (xix) Regularized Colony
Accepted Collateral Other than Negative Property
Specific Property wise Funding Limit No
Any Specific  Product for Professionals No
USP Funding upto 100% of Market Value
Additional (i) Balance Funding over LTV will be either OD Limit or Unsecured Loan.
(ii) Unsecured loan upto 1 Cr only
(iii) For Commercial Purchase Funding upto 85% of Registry value or 80% of Market Value which ever is lower
Right Documents - Easy Process

Required Documents to Apply for Deutsche Bank Loan Against Property

Salaried income documents

  • KYC of applicant & Co-Applicant
  • Last 3 Month Salary Slip of Applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 2 Year Form 16 of applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Appointment letter of applicant if available
  • Agreement to Sale if purchase case
  • Property Paper with complete chain of last 13 years
  • LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
  • Sanction letter of all running loan
  • Latest utility Bill if owned residence or rent agreement if rented
  • 2 Reference with contact details

Self Employed person documents

  • KYC of applicant & Co-Applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 3 year audited balance sheet of applicant
  • Last 3 year Tax audit report of applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Copy of GST registration
  • Copy of MSME registration
  • Copy of Last 12 month GST return
  • Agreement to Sale if purchase case
  • Property Paper with complete chain of last 13 years
  • LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
  • Sanction letter of all running loan
  • Debt Sheet
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented
  • 2 Reference with contact details
  • Last 3 year Debtors & Creditors on letter head
  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Some Important Points

1. KYC Means
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
For Co-Applicant
  • 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
2. If LAP is applied with Government Bank then 30 year chain is required
3. If applicant is professional, then his professional degree is required

About Deutsche Bank loan against property

The quickest and safest way for you to receive funds right away with no additional collateral is to arrange a loan against property. This is a fantastic way for property holders to use the value of their assets to finance any needs for their homes, businesses, or personal needs. The subject property serves as security for the loan, and you can obtain a loan amount depending on its valuation.

These loans have the benefit of being easier to apply for and disbursing loans with a considerably shorter turnaround time. This serves as one of the best ways to obtain money without a lot of documentation in the case of a financial crisis. Have a highly customized loan against property from Deutsche Bank for up to 15 crores with a tenure of 5 to 15 years at a competitive interest rate.

Key highlights of Deutsche Bank Loan Against Property

The sudden need for finances is sometimes unavoidable, whether personally or professionally. So, consider a loan against property as the first and best option for immediate funds. Also, as per the market trends, Deutsche Bank Loan Against Property has been acting like a boom because of its lowest interest rates and higher loan amounts. Let us move ahead in this article and learn more about the benefits and other details of Deutsche Bank Loan Against Property.

01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Leave Your Question

FREQUENTLY ASKED QUESTIONS

Collateral includes both privately owned homes and business buildings like stores and offices.

You can receive a loan for up to Rs. 15 crores, or 75% of the appraised value of the property.

You can, indeed. In order to close your account, you must send a written notice to the Deutsche Bank closest to you. While prepaying, you can be required to pay a modest amount as a penalty. Nevertheless, it varies depending on the loan amount as well as the interest rate.

You can make partial prepayments, and there are no fees associated with floating interest.

You have two options for applying: online, or in person at a nearby Deutsche Bank branch.