Deutsche Bank Home Construction Loan

Home Loan By Property
Home Loan By Profession
Home Loan By Other
Home Loan By Amount

For those looking for a convenient home loan to build or purchase their homes, Deutsche Bank Construction Loan is one good option. Deutsche Bank, an international bank headquartered in Frankfurt, Germany, offers home construction loans under its home loan scheme with attractive interest rates, higher loan amounts, easy documentation for faster approvals, and many other enticing features.

Get in Touch for Home Loan Expert Advice

Connect with our Home Loan Advisor Now!

Personalized Home Loan solutions
Expert guidance
Application assistance
Credit score discussion
Home Loan Interest rate comparison

Full Name

+91Mobile No.

Choose City

I agree to the Terms and Conditions of TUCIBIL and hereby provide explicit consent to share my Credit Information with Urban Money Private Limited.

Table of Content

1. Highlights of the Deutsche Bank Home Construction Loan

2. Deutsche Bank Construction Loan Interest Rates

3. Deutsche Bank Construction Loan Fees and Charges

4. Deutsche Bank Construction Loan Eligibility Criteria for Salaried

5. Deutsche Bank Construction Loan Eligibility Criteria for Self-employed Individuals

6. Deutsche Bank Construction Loan Documents Required for Salaried Individuals

7. Deutsche Bank Construction Loan Documents Required for Self-Employed Individuals

8. Features of Deutsche Bank Construction Loans

Written By

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

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.

Highlights of the Deutsche Bank Home Construction Loan

Mentioned below are the key highlights of the Deutsche Bank Construction Loan:

Feature	Description
Loan Purpose	Construction or Purchase of Homes
Loan Amount	Up to Rs. 25 crores
Loan Tenure	5 to 20 years.

Deutsche Bank Construction Loan Interest Rates

The table below highlights the Deutsche Bank Construction Loan interest rates:-

Interest Rate

08.85% to 09.00%

Deutsche Bank Construction Loan Fees and Charges

There are fees and charges related to the Deutsche Bank Construction Loan given below is the list

Fee/Charge	Amount
Processing Fee	Up to 1% of the loan amount
Prepayment terms	Fixed-rate loan: Part-payment charges: 2.50% of the prepaid amount Pre-closure charges: 2.50% on outstanding loan at closure. Floating rate loan: No part-payment or prepayment charges
		Collection Charges	₹500 charge for all customer-initiated EMI or tenure change requests.
Switch fee/ Repricing fees	Up to 0.5% of the principal outstanding may be used for loan re-pricing at the borrower’s discretion, subject to the Bank’s approval.
Stamp Duty on Loan Agreement	Varies based on local regulations and mortgage type.

Deutsche Bank Construction Loan Eligibility Criteria for Salaried

The Deutsche Bank construction loan eligibility criteria that salaried individuals must fulfil are below:

Age	23 to 65 years/retirement, whichever is earlier
Annual Income	Rs. 500,000

Deutsche Bank Construction Loan Eligibility Criteria for Self-employed Individuals

Eligibility criteria for the self-employed individual to avail of the Deutsche Bank Construction Loan are given below:

Age	23 to 65 years
Annual Income	Rs. 500,000

Deutsche Bank Construction Loan Documents Required for Salaried Individuals

The following documents have to be submitted by a salaried person to get approval for the Deutsche Bank Construction Loan-

Photo Identity	Valid Passport Photo PAN Card Voter’s ID Card Driving License Job card issued by NREGA Aadhaar Card
Proof of Address	Valid Passport Voter’s ID Card Driving License Job card issued by NREGA Aadhaar Card
Proof of Signature	Valid Passport Banker’s Certificate Driving Licence PAN Card
Financial Documents	The last three months’ Salary slip Form 16 or ITR HR certification showing all allowances and reimbursements (if any) Last six months’ Bank statement Repayment details on any existing loans or loan closure letter

Deutsche Bank Construction Loan Documents Required for Self-Employed Individuals

Following are the documents to be submitted by a self-employed individual for getting approval of the Deutsche Bank Construction Loan:-

Photo Identity	Valid Passport Photo PAN Card Voter’s ID Card Driving License Job card issued by NREGA Aadhaar Card
Proof of Address	Valid Passport Voter’s ID Card Driving License Job card issued by NREGA Aadhaar Card
Proof of Signature	Valid Passport Banker’s Certificate Driving Licence PAN Card
Financial Documents	The last two years ITR The previous two years’ Profit and Loss Account Last three years Proof of business continuity Last six months’ bank statement Short note on the nature of business.

Features of Deutsche Bank Construction Loans

Here are a few key features of the Deutsche Bank Construction Loan:

Deutsche Bank offers construction loans of up to Rs. 25 crores, providing ample funding for building or purchasing homes.
Borrowers can choose a repayment period ranging from 5 to 20 years, allowing for customised repayment schedules based on individual financial situations.
Enjoy attractive interest rates between 8.85% and 9.00%, ensuring affordability throughout the loan term.
For fixed-rate loans, part-payment and pre-closure charges are 2.50% of the prepaid amount, while floating-rate loans have no such charges.
Deutsche Bank offers hassle-free documentation processes and quick approvals, making it convenient for borrowers to avail of funds based on their requirements.

Quick Links

Loan Offers By Deutsche Bank's

Home Loan by Nationalized Bank

Home Loan Calculators

Deutsche Bank Calculators

Bank wise Home Loan Calculators

Bank Wise Home Loan Interest Rate