Tag Archives: deutsche bank home loan interest rate

Deutsche Bank Home Loan, Interest Rate and EMI Calculator Jan 2019

(Updated on 12.01.2019) Deutsche Bank Home Loan Jan 2019Get Instant Quick & Easy Approval on Deutsche Bank Home Loan. Loansninsurances.com provide a simple tool to calculate your Home Loan EMI on the basis of ✓Interest Rate ✓Loan Tenure ✓Processing Fee ✓Eligibility ✓Best Offers & more.

Deutsche Bank Home LoanInstant Quotes Online

Professional Details
Loan Amount
Occupation
Yearly Income
City
Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Deutsche Bank Home Loan

Deutsche Bank is a German global banking and financial services company. Deutsche Bank Home Loan is offered to every class of people at its reasonable and affordable rates of interest and has varied home loan benefits to please you. Deutsche Bank has various home loan products with existing benefits such as flexible loan tenure, benefit with balance transfer option, easy documentation, quick home loans approval and insurance coverage for home loans. Deutsche Bank home loans can be used for any home renovation or construction of houses and for other home requirements. Deutsche bank offers home loan tenure in the range of 5 years to 20 years and a maximum loan amount of Rs. 10 crores.

Some of the attractive features of Deutsche Home Loan that are offered to consumers are:

✓ Avail of loan amounts up to Rs. 10 Crores.
✓ Enjoy the flexibility of tenures that ranges from 5 years to 20 years.
✓ Choose between a fixed or a floating interest rate for your loan and enjoy complete peace of mind with attractive interest rates and savings on taxes under Income Tax Act, 1961.
✓ Maximum value out of your property
✓ Easy documentation for faster approvals
✓ Benefit with Balance Transfer option
✓ Pay less with interest calculated on a daily reducing balance
✓ Easy eligibility criteria for easy approvals
✓ Insurance Plans for your Home Loan

Deutsche Bank Home Loan Interest Rate

Rate of Interest

9.35% p.a.

Loan Tenure

5 years to 20 years

Maximum Loan Amount

Rs. 10 crores

Processing Fees

Upto 1% of loan amount

Pre-closure charges

Nil

Deutsche Bank Home Loan Eligibility

For Salaried Individuals

  • The minimum age of the applicant should be 23 years.

  • The maximum age of the applicant should be 65 years or whichever is earlier.

  • The minimum gross annual income is Rs. 5,00,000.

For Self-employed Individuals

  • The minimum age of the applicant should be 23 years.

  • The maximum age of the applicant should be 65 years.

  • The minimum gross annual income is Rs. 5,00,000.

Deutsche Bank Home Loan Documents Required

For Salaried Individuals

  • Valid Passport,PAN Card, Voter’s ID Card, Valid Driving License, Job card issued by NREGA duly signed by an officer of the State Government, Aadhar Card or Letter issued by the UIDAI as photo ID proof.

  • Valid Passport, Valid Driving License, Voter’s ID Card, Job card issued by NREGA duly signed by an officer of the State Government, Aadhar Card or Letter issued by the UIDAI as address proof.

  • Valid Passport, Banker’s Certificate, Driving Licence and PAN Card as signature proof.

  • Valid Passport, Voter’s ID Card, PAN Card, Birth Certificate, Valid Driving License, Job card issued by NREGA duly signed by an officer of the State Government, Aadhar Card or Letter issued by the UIDAI as age proof.

  • Salary slip of last three months.

  • Form 16 or ITR.

  • Copy of bank statement for last 6 months.

  • Repayment details on any existing loans or loan closure letter.

For Self-Employed Professionals

  • Valid Passport,PAN Card, Voter’s ID Card, Valid Driving License, Job card issued by NREGA duly signed by an officer of the State Government, Aadhar Card or Letter issued by the UIDAI as photo ID proof.

  • Valid Passport, Valid Driving License, Voter’s ID Card, Job card issued by NREGA duly signed by an officer of the State Government, Aadhar Card or Letter issued by the UIDAI as address proof.

  • Valid Passport, Banker’s Certificate, Driving Licence and PAN Card as signature proof.

  • Valid Passport, Voter’s ID Card, PAN Card, Birth Certificate, Valid Driving License, Job card issued by NREGA duly signed by an officer of the State Government, Aadhar Card or Letter issued by the UIDAI as age proof.

  • Income Tax returns for the last 2 years.

  • 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.

Deutsche Bank Home Loan EMI Calculator

Deutsche Bank Home Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

For a loan against the amount of Rs 10,00,000 for 10 years at the interest rate of 9.45% p.a., the EMI comes out as Rs. 12,912. To know the EMIs for all the years, see the below given table.

Home Loan Amount (Rs)

Interest Rate(p.a.)

Loan Tenure(yrs)

Monthly Installment (EMI)

Total Interest Amount

Total Amount (Principal + Interest)

10,00,000

9.45

1

Rs. 87,660

Rs. 51,924

Rs. 10,51,924

10,00,000

9.45

2

Rs. 45,891

Rs. 1,01,396

Rs. 11,01,396

10,00,000

9.45

3

Rs. 32,010

Rs. 1,52,345

Rs. 11,52,345

10,00,000

9.45

4

Rs. 25,099

Rs. 2,04,765

Rs. 12,04,765

10,00,000

9.45

5

Rs. 20,977

Rs. 2,58,646

Rs. 12,58,646

10,00,000

9.45

6

Rs. 18,250

Rs. 3,13,977

Rs. 13,13,977

10,00,000

9.45

7

Rs. 16,318

Rs. 3,70,745

Rs. 13,70,745

10,00,000

9.45

8

Rs. 14,885

Rs. 4,28,931

Rs. 14,28,931

10,00,000

9.45

9

Rs. 13,783

Rs. 4,88,519

Rs. 14,88,519

10,00,000

9.45

10

Rs. 12,912

Rs. 5,49,488

Rs. 15,49,488

Amortization table

Year

Principal

Interest

Balance Amount

1

Rs. 63,132

Rs. 91,812

Rs. 936,868

2

Rs. 69,366

Rs. 85,578

Rs. 867,502

3

Rs. 76,209

Rs. 78,735

Rs. 791,293

4

Rs. 83,734

Rs. 71,210

Rs. 707,559

5

Rs. 91,997

Rs. 62,947

Rs. 615,562

6

Rs. 101,076

Rs. 53,868

Rs. 514,486

7

Rs. 111,053

Rs. 43,891

Rs. 403,433

8

Rs. 122,013

Rs. 32,931

Rs. 281,420

9

Rs. 134,060

Rs. 20,884

Rs. 147,360

10

Rs. 147,461

Rs. 7,654

Rs. 0

Deutsche Bank Home Loan Application Procedure

You can apply for quick and easy Deutsche Bank home loan online through loansninsurances.com. Login the registration page and enter the required details. Both existing and new customers can apply for the home loan.

Deutsche Bank Home Loan Customer Care number

If you have any type of queries on Deutsche Bank home loan then please contact the customer care executive at their toll free number that is 1860 266 6601. These customer care executives are always available for your service. You can call them any time to solve your problem.

Deutsche Bank Home Loan MCLR Rates January 2019

Loan Tenure MCLR (%)
Overnight 8.35
1 month 8.80
3 months 9.80
6 months 9.80
1 year 10.30