15 Lakh Deutsche Bank Home Loan

The Deutsche Bank’s 15 lakh home loan is an appealing credit opinion. Borrowers can ideally avail of competitive interest rates, flexible repayment plans, moderate eligibility criteria, minimal documentation, and transparent processes. The application process is simple and digital. Thus, you can easily apply for the loan online, eliminating the need to visit bank branches and submit physical documentation. For more detailed information, continue to read on. We will explain herein the expected 15 lakh home loan EMI in Deutsche Bank, associated fees, loan tenure, and more. Let’s get started!

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Written By
Hepson Franklin
Hepson Franklin
Hepson Franklin is a seasoned financial expert and accomplished writer specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & loan products. With a wealth of experience in the financial industry, he has established himself as a trusted voice, providing invaluable insights and guidance to both seasoned investors and those new to the world of finance. With a comprehensive understanding of the intricate facets of the financial landscape, he is dedicated to demystifying complex financial concepts for readers of all backgrounds.
Reviewed By
Amit Prakash Singh
Amit Prakash Singh
Co-Founder, Square Yards & Chief Business Officer, Urban Money
Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

15 Lakh Home Loan Deutsche Bank – Highlights

Let’s examine the key features of the Deutsche Bank’s 15 lakh home loan:

Interest Rates 9.50% p.a onwards
Loan Amount 75% of the property price
Loan Tenure 5 – 20 years
Eligibility Either a salaried or self-employed 

15 Lakh Home Loan EMI for 5 Years Deutsche Bank 

Let’s examine the 15 lakhs home loan EMI in Deutsche Bank with a tenure of 5 years:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total amount Payment
₹15 Lakhs 9.50% p.a. 5 years ₹31,503 ₹3,90,180 ₹18,90,180

15 Lakh Home Loan EMI for 10 Years Deutsche Bank

Have a close look at the 15 lakhs home loan EMI for 10 years from the Deutsche Bank:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total amount Payment
₹15 Lakhs 9.50% p.a. 10 years ₹19,410 ₹8,29,200 ₹23,29,200

15 Lakh Home Loan EMI for 15 Years Deutsche Bank

EMI rates and amounts from the Deutsche Bank’s home loan of 15 lakhs for a tenure of 15 years are given below:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total amount Payment
₹15 Lakhs 9.50% p.a. 15 years ₹15,663 ₹13,19,340 ₹28,19,340

15 Lakh Home Loan EMI for 20 Years Deutsche Bank

Below mentioned are the 15 lakhs home loan EMI for 20 years from the Deutsche Bank:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total amount Payment
₹15 Lakhs 9.50% p.a. 20 years ₹13,982 ₹18,55,680 ₹33,55,680

15 Lakh Deutsche Bank Home Loan – Fees and Charges 

Apart from the Deutsche Bank’s home loan interest rate of 15 lakhs, there are certain fees and charges associated with this loan:

Fee/Charge Amount
Processing Fee 1% of the loan amount
Prepayment Charges  4% of the outstanding loan amount
Penal Interest 2% per month on the default EMI
Stamp Duty & Other Statutory Charges As actual 

15 Lakh Deutsche Bank Home Loan – Documents Required

Let’s examine the applicable documents for the Deutsche Bank’s 15 lakh home loan:

Proof of Identity  PAN Card, Aadhaar Card, Voter ID, Passport, or NREGA Card.
Proof of Address Utility bill, Aadhaar card, Driving License, or Ration Card.
Proof of Income Salary slips, Form 16, Income Tax Returns, Bank Statements, etc.
Additional Documents Latest passport-size photos and duly filled application form. 

15 Lakh Deutsche Bank Home Loan – Eligibility Criteria 

Below are the expected 15 lakhs home loan eligibility in Deutsche Bank:

Age Limit 23 – 65 years old
Employment Status  Either a salaried or self-employed individual
Income Criteria ₹5 lakh per annum
Credit Score  Typically, 700 or above
Nationality  Indian 

Frequently Asked Questions (FAQs)

What is the EMI for a 15 lakh home loan for 20 years in Deutsche Bank?

₹13,982 is the estimated EMI for a 15 lakh home loan over 20 years at Deutsche Bank, subject to an annual interest rate of 9.50%.

Who is eligible for a 15 lakh home loan in Deutsche Bank?

Both salaried and self-employed individuals are eligible for a 15 lakh home loan at Deutsche Bank.

What is the monthly interest rate of a 15 lakh home loan in Deutsche Bank?

The monthly interest rate for a 15 lakh home loan in Deutsche Bank starts at 0.79%.

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