Deutsche Bank Home Loans
Are you in the hunt for a home loan with a really affordable interest rate? Deutsche Bank India might be the place that you are looking for. Deutsche Bank India home loans are ideal home buying options for many borrowers in India.
Deutsche Bank India home loans come with really attractive rates and terms. You can use a Deutsche Bank India home loan for the following purposes:
- Purchasing a new house
- Shifting from a leased property to your own property
- Renovation of your present home.
Amount of loan
You can avail a maximum loan amount of Rs. 5 crores. You can choose a repayment term varying from 5 years to 20 years. Deutsche Bank India home loans are available in two forms: floating and fixed interest rate home loans.
Benefits offered by Deutsche Bank India home loans
Listed below are the salient benefits offered by Deutsche Bank India home loans:
- Personalized loans: Variety of home loan options to fit your diverse requirements
- Minimum paperwork: You can stay away from the hassle of various documentation necessities
- Loan against property: You can get the maximum value out of your property
- Option for balance transfer: You can switch your high interest home loan from any other bank/financial institution to Deutsche Bank home loan
- Interest is computed on the basis of monthly reducing balance: You can pay less by making interest only payments on the diminishing balance of principal
- Simple eligibility criteria: The eligibility criteria to apply for a Deutsche Bank home loan are convenient and straightforward.
Eligibility Criteria for a Deutsche Bank India Home Loan
Given below are the eligibility criteria for Deutsche Bank home loans:
| Eligibility criteria | Salaried individuals | Self-employed individuals |
| Minimum age for making an application | 23 years | 23 years |
| Maximum age for making an application | 65 years or retirement, whichever comes in the first place | 65 years |
| Minimum stay at current residence | 1 year | 1 year |
| Minimum Gross Annual Income (Rs) | 500,000 | 500,000 |
| Total work or business experience | - 2 years (for loan amounts up to Rs 1 crore) - 4 years (for loan amounts over Rs. 1 crore) | - 2 years (for loan amounts up to Rs 1 crore) - 5 years (for loan amounts over Rs. 1 crore) |
| Availability of telephone | Compulsory at both residence and office | Compulsory at both residence and office |
Home Loan Calculator
Last Updated On: 2011/05/02
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