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Deutsche Bank Home Loan

Features

Features


Some of the unique features of Deutsche Bank home loans are:

  • Flexible home loan options: Combination of both fixed and floating interest rates on a single loan. A part of your loan will be at a fixed interest rate, while the other will attract fluctuating interest.
  • StepUp home loan: Lower EMIs in the initial years and higher in later years, keeping pace with an increase in your income levels.
  • StepDown home loan: Higher EMI in the initial years of your loan tenure as compared to the EMI in the later years.
  • Loan for up to 90% of the property value
  • Free property valuation and consultancy service

Eligibility

Eligibility


Eligibility criteria

Salaried

Self-employed

Minimum Age

23 years

23 years

Maximum Age

65 years or retirement, whichever is earlier

65 years

Minimum Gross Annual Income (Rs)

100,000

100,000

Minimum stay at current residence

1 year

1 year

Total work or business experience

2 years (for loans up to Rs 1 crore), 4 years (for loans greater than Rs 1 crore)

2 years (for loans up to Rs 1 crore), 5 years (for loans greater than Rs 1 crore)

Telephone

Mandatory at both residence and office

Mandatory at both residence and office

Margin

Margin

Deutsche Bank funds up to 90% of the value of the property

Documents Required

Documents required


Documentation

Salaried

Self-employed

Financials

Salary slip of last one month or latest salary certificate showing all deductions and loans outstanding

Income Tax returns for the last 2 years

Form 16

Profit & Loss Account along with computation of Income and Balance Sheet for last 2 years, duly certified by a CA

HR certification showing all allowances and reimbursements (if any)

Proof of business continuity for last 3 years

Copy of bank statement (main account) for last 6 months

Copy of bank statement (main account) for last 6 months


Short note on the nature of business, form of organisation, clients and suppliers, etc.

Photo Identity (any one of the doc.)

- Passport

- Passport

- Photo PAN Card

- Photo PAN Card

- Defence/Govt ID Card

- Voter's ID Card

- Voter's ID Card

- Driving Licence

- Driving License


Proof of Signature (any one of the doc.)

- Passport

- Passport

- Banker's Certificate

- Banker's Certificate

- Driving Licence

- Driving Licence

- PAN Card

- PAN Card

Proof of Residence (any one of the doc.)

- Passport

- Passport

- Telephone Bill (landline)

- Telephone Bill (landline)

- Electricity Bill

- Electricity Bill

- Voter's ID Card

- Voter's ID Card

- Driving Licence

- Driving Licence

Proof of Age (any one)

- Passport

- Passport

- Voter's ID Card

- Voter's ID Card

- PAN Card

- PAN Card

- Birth Certificate

- Birth Certificate

- Life Insurance Policy or premium receipt clearly stating age/DoB

- Life Insurance Policy or premium receipt clearly stating age/DoB

Deutsche Bank Products:


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  •  ICICI BANK
  •  HDFC
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  •  HSBC
  •  CITIBANK
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