Deutsche Bank Loan Against Property

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It is easy to get loans when we avail them against our real estate properties. Be it against a residential property or a commercial one; these loans can be availed to meet your business expenses, children’s education expenses, marriage expenses, etc. The Deutsche bank offers various loan options under the property loan. However, the property against which you opt for the loan should be in an accepted map plan in a municipal area or should be authorised by a municipal body. One should have all the documents of the property, an approved building plan and the application form of the loan.

At, you can access free-to-use Deutsche Bank loan against property EMI calculator, check your Deutsche bank loan against property eligibility, compare loan against property interest rates in Deutsche Bank. You can apply for loan against property online on Deutsche Bank's official website.

Interest rates applicable to these loans begin from 10.25%.

Processing fee applicable on these loans is 1% plus service tax.

Features of the Loans against property by Deutsche Bank

  • The residential property can be a self-owned property or a rented one and should tune for 70% of the value of the residence. Properties owned by minors, Hindu undivided family or a trust cannot apply for these loans.
  • The self-employed can avail loans against their shops or office premises too.
  • These loans are covered with insurance in order to cover the risks and help the families pay the outstanding loans in case of an unforeseen situation.
  • There is a balance transfer option where if an existing Loan Against Property is running at a higher rate of interest, it can be transferred to Deutsche Bank at the current interest rate.
  • The EMIs on the outstanding loan balance is calculated using loan against property EMI calculator.

Loan details

  • Tenure of the loan lies between 5 years to 15 years.
  • The amount of the loan varies between Rs 10 lakh to Rs 10 crore.
  • Maximum loan value applicable is Rs 5 crore for a commercial property.

Eligibility criteria

These loans can be opted by the salaried as well as the self-employed individuals. Their age may vary between 23 years to 65 years. The minimum annual income applicants should be at least Rs 5, 00,000.

Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Deutsche Bank.