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Deutsche Bank Loan Against Property
One of the top private banks in India, Deutsche Bank, presents loans secured by either commercial or residential property. With a loan against property from Deutsche Bank, customers may get up to 60% of the appraised price of the property. Deutsche Bank offers various repayment choices and affordable interest rates with its tailored lending alternatives. Because most approvals are completed in only three days, a Deutsche Bank loan secured by your property can be the ideal option for all of your financial demands. The loan procedure is swift and simple, and door-to-door services are available. A Deutsche Bank loan secured by the property is straightforward to get since the application and approval processes are streamlined. This loan is desirable and reasonable for everyone because of its flexible repayment terms.
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Deutsche Bank Loan Against Property
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Deutsche Bank Loan Against PropertyHere are a few factors
| 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 |
Deutsche Bank Loan Against Property EMI Calculator
Interest Type
Loan Amount
Interest Rate
Loan Tenure
| Loan Amount | ₹100,000 |
| Interest % | 9 % |
| Tenure (months) | 12 |
| Emi (monthly) | ₹ 8,745 |
| Total Interest | ₹ 4,942 |
| Loan Amount + Interest | ₹ 104,942 |
| Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ 24,165 | ₹ 2,070 | ₹ 26,235 | ₹ 75,835 | 24.16 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ₹ 75,832 | ₹ 2,873 | ₹ 78,705 | ₹ 3 | 100.00 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Required Documents to Apply for Deutsche Bank Loan Against Property
Salaried income documents
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KYC of applicant & Co-Applicant
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Last 3 Month Salary Slip of Applicant
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Last 12 month Bank Statement 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 2 Year Form 16 of applicant
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26AS of last 2 year of applicant & co-applicant
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Appointment letter of applicant if available
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Agreement to Sale if purchase case
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Property Paper with complete chain of last 13 years
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LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
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Sanction letter of all running loan
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Latest utility Bill if owned residence or rent agreement if rented
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2 Reference with contact details
Self Employed person documents
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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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Agreement to Sale if purchase case
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Property Paper with complete chain of last 13 years
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LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
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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
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.
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
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.
Yes, you will be penalized according to the rules using the EMI amount.
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