Deutsche Bank Loan Case Study

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Deutsche Bank Loan Against Property Deutsche Bank Loan Against Property Details Interest Rate Processing Fees Loan Tenure Loan Amount Part Payment Charges Foreclosure Charges 11.50 % to 12.50% 1% of the loan amount + service tax 1 - 18 Years Up to Rs.15 crore Nil 4% of principal outstanding About Deutsche Bank Loan against Property Deutsche Bank offers loan against property to the customers if they need to expand their business or want money for personal use. The loan is given up to 70% of the market’s value for tenure of 18 years. Deutsche Bank offers Loan Against Property for,  Long term working capital  Funding children’s education  Starting a new business  Repaying your high debts  Family Holiday  Buying Vehicle  Daughters…show more content…
 Employee should be in government job or working with a reputed private company.  Employee should getting regular income in bank account with salary slip.  The employee should need give Form 16 Loan Eligibility for Self Employed Professionals  Deutsche Bank offers Loan against Property to professionals like Doctors, Engineers. Dentists, Chartered Accountant, Cost Accounts, Company Secretary and Management Consultant.  The Applicants age should be more than 23 years at the time of loan sanctioned and less than 65 years at the time of loan fully refund.  To get Loan Against Property from Deutsche Bank, borrower must be earning regular income from his profession  He should have a bank account and filling income tax returns or ITR. Loan Eligibility for Self Employed Individual  Any individual who run their own business and filling income…show more content…
Driving License 2. Residence address proof a. Electricity Bill b. Ration Card c. Passport 3. Pan Card 4. Passport size Photograph Income Documents required for Deutsche Bank Loan Against Property (Salaried Individual) 1. Latest 3 months’ salary slips 2. Latest 2 years Form 16 and Income Tax return 3. Latest six month bank statements 4. If an applicant or co-applicant has changed job during last 2 years, then in that case appointment letter of current employer and relieving letter of previous employer is required Income Documents required for Deutsche Bank Loan Against Property – Self-employed Individual 1. Latest 3 years computation of income 2. Latest 3 years IT returns 3. Latest 3 years Audited reports (with CA certification) 4. Education qualifications 5. Proof of business 6. Bank statement of all the accounts reflecting in balance sheet 7. If applicant or co-applicant is running a private limited company and or a partnership firm then complete financials of the company 8. Deutsche Bank may require some additional documents as the loan get processed Property Documents for Loan against property 1. Copy of Titled Document 2. Approved Sanctioned Plan 3. Chain of Deed in case of Resale Property 4. Current Sale Agreement / Draft
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