At Deutsche Bank, you’ll find the partner you need to make your future dream home come true. All our efforts work towards putting your dream home within your reach. Whether it’s purchasing a new house, moving from a rented property to your own or renovating your existing home, Deutsche Bank has a wide range of home loan options* that are specific to your needs.
The loan amounts up to Rs. 5 crore and the tenure is from 5 years to 20 years. You can choose between a fixed and a floating interest rate for your loan. Also, with attractive interest rates and savings on taxes, a db HomeLoan gives you complete peace of mind.
db HomeLoan offers the following advantages:
At Deutsche Bank, you’ll find a wide range of home loans to suit your varied needs.
Customized loans
db Flexi HomeLoan
This option enables you to hedge against the uncertainty of interest rate fluctuations by giving you a combination of both fixed and floating interest rates. A part of your loan will be at a fixed interest rate, while the other will attract fluctuating interest. This way, no matter how the interest rates move, your exposure is limited.
db StepUp HomeLoan
This option is the ideal home loan for you during the initial years of your career. It makes you eligible for a higher loan amount and at the same time, takes into account your repayment capacity. The EMIs are lower in the initial years and higher in later years, keeping pace with an increase in your income levels.
db StepDown HomeLoan
This option allows you to pay a higher EMI in the initial years of your loan tenure as compared to the EMI in the later years.
Easy documentation for faster approvals
Multiple documents make applying for a loan a very tedious and lengthy procedure. However, it is easy to apply for a db HomeLoan as the documentation process is simple and friendly leading to a quicker approval.
Loan against property (Top...)
Sometimes you require funds to meet urgent financial needs or social commitments. These include children’s higher education, medical emergencies, travel, daughter’s marriage and more. If you own a residential property, a Deutsche Bank loan against property is the ideal way to meet such needs. With this type of loan you can use your residential property as collateral. The loan amount will be decided based on the market value of your property.
Benefit with Balance Transfer option(Top...)
Why shouldn’t you benefit when you transfer your loan from one bank to another? With db HomeLoans, you will. If you are paying a higher interest rate on your existing home loan, you have the option of transferring your loan to Deutsche Bank at the current interest rates.
Easy documentation for faster approvals
Multiple documents make applying for a loan a very tedious and lengthy procedure. However, it is easy to apply for a db HomeLoan as the documentation process is simple and friendly leading to a quicker approval.
Loan against property (Top...)
Sometimes you require funds to meet urgent financial needs or social commitments. These include children’s higher education, medical emergencies, travel, daughter’s marriage and more. If you own a residential property, a Deutsche Bank loan against property is the ideal way to meet such needs. With this type of loan you can use your residential property as collateral. The loan amount will be decided based on the market value of your property.
Benefit with Balance Transfer option(Top...)
Why shouldn’t you benefit when you transfer your loan from one bank to another? With db HomeLoans, you will. If you are paying a higher interest rate on your existing home loan, you have the option of transferring your loan to Deutsche Bank at the current interest rates.
Pay less with interest calculated on a daily reducing balance(Top...)
Why should you pay interest on the amount you have already repaid? Your db HomeLoan makes sure that your interest is calculated only on the outstanding loan amount, which reduces every time you pay off your EMIs or make any pre-payments. This lowers your effective interest amount significantly.
Easy eligibility criteria for easy approvals(Top...)
Both salaried and self-employed professionals can apply for a db HomeLoan. The loan amounts are decided on the basis of repayment capacity and take into account factors like income, age, qualifications, number of dependents, assets, liabilities, savings history, stability and continuity of occupation. The maximum loan amount sanctioned is 90% of the cost of property which includes property registration and stamp duty.
Free property valuations and consultative advice(Top...)
You also have the option of getting free property valuations and consultative advice on overall property purchase process from us, subject to disbursal of home loan. This will save you from complications in the future and help you buy the best property.
