Deutsche Bank Home Loan for Salaried Person

Deutsche Bank offers enticing home loan options for salaried individuals aspiring to own or construct their homes. With competitive interest rates, flexible repayment terms, and inclusive insurance plans to safeguard against unforeseen events, Deutsche Bank Home Loan for Salaried Persons is an appealing choice for homebuyers. The streamlined application process and efficient customer service further enhance the appeal, ensuring a seamless borrowing experience. Explore Deutsche Bank's offerings today and take a step closer to fulfilling your dream of homeownership.

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Written By
Utsah Sharma
Utsah Sharma
Utsah Sharma is a seasoned financial expert with a Master’s Degree in Commerce specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & Loan products. Drawing on her experience, she has established herself as a trusted voice, providing invaluable insights and guidance to seasoned investors and beginners. She is committed to breaking down the complexities of everything finance.
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.

Deutsche Bank Home Loan for Salaried Person – Highlights

Here are the main highlights of the Deutsche Bank home loan for salaried persons:

Interest Rate 08.85% to 09.00%
Maximum Loan Amount Up to Rs. 25 crores
Loan Tenure 5 to 20 years
LTV Ratio Up to 75% of property value
Insurance Plans Available Exclusive insurance plans offered
Additional Options Shift from floating to fixed rate, part/full repayment options

Deutsche Bank Home Loan for Salaried Person – Fees and Charges 

Apart from the interest rate, Deutsche Bank Home Loan for salaried persons incurs additional fees and charges. Here’s a breakdown:

Processing Fees Up to 1% of the loan amount disbursed
Prepayment fees 2.50% of the loan outstanding at the time of loan closure
Part-payment fees 2.50% of the loan amount prepaid

Deutsche Bank Home Loan for Salaried Person – Documents Required

To obtain approval for the Deutsche Bank Home Loan for Salaried Person, a salaried individual must submit the following documents:

Photo Identity
  1. Valid Passport
  2. Photo PAN Card
  3. Voter’s ID Card
  4. Driving License
  5. Job card issued by NREGA
  6. Aadhar Card 
Proof of Address
  1. Valid Passport
  2. Voter’s ID Card
  3. Driving License
  4. Job card issued by NREGA 
  5. Aadhar Card
Proof of Signature
  1. Valid Passport
  2. Banker’s Certificate
  3. Driving Licence
  4. PAN Card
Financial Documents
  1. last 3 months Salary slip  
  2. Form 16 or ITR
  3. HR certification showing all allowances and reimbursements (if any)
  4. Last 6 months Bank statement 
  5. Repayment details on any existing

loans or loan closure letter

Deutsche Bank Home Loan for Salaried Person – Eligibility Criteria

To be eligible for the Deutsche Bank Home Loan for Salaried Persons, individuals must meet the following criteria:

  1. The minimum age to apply for the scheme is 23 years.
  2. Applicants can be as old as 65 years old. 
  3. The minimum gross annual income should be INR 5 Lakhs.

Frequently Asked Question (FAQs)

What is the repayment term for a Deutsche Bank home loan for a salaried person?

The repayment term for Deutsche Bank home loans for salaried individuals typically ranges from 5 years to 20 years.

What is the minimum age for a Deutsche Bank home loan to a salaried person?

For Deutsche Bank home loans to salaried individuals, the minimum age requirement is usually 23 years.

What is the Tenure limit for a Deutsche Bank home loan to a salaried person?

Deutsche Bank home loans to salaried individuals typically have a tenure limit of 5 to 20 years.

What is a salaried person's minimum and maximum Deutsche Bank home loan amount?

Deutsche Bank home loan amounts vary for salaried individuals, typically ranging from Rs. 5 lakhs to Rs. 25 crores.

Bank Wise Home Loan Interest Rate

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