Deutsche Bank Personal Loan Interest Rates

The need for money is always hovering around us despite the fact that we use several savings methods. In our day to day lives, there is no handle on unavoidable expenses, and this is the reason Deutsche Bank has come up with attractive personal loan schemes where the customers can avail the benefits of it without any guarantor or a security and at an interest rate of 24% yearly.

Depending on the applicant’s eligibility (financial status), the maximum loan amount can vary from Rs.50000/- to Rs.750000/- where the processing charges stand at 3%. On the other hand, only the existing customers aged between 25-60 years with a monthly income of Rs.25000/- can apply for the personal loan.

Deutsche Bank Personal Loan Interest Rates 2017

Particulars

Salaried

Self-employed

Interest rate

24% yearly

24% yearly

Loan Amount

Max: Rs.15 lakhs

Min: Rs.50,000/- 

Max: Rs.15 lakhs

Min: Rs.50,000/- 

Loan Tenure

Max: 4 Years

Min: 1 Year 

Max: 4 Years

Min: 1 Year 

Lowest EMI

Rs.2462.72/- per month for the minimum loan amount

Rs.2462.72/- per month for the minimum loan amount

Processing Fee

3% of the loan amount

3% of the loan amount

Age

Maxi: 60 years

Min: 25 years 

Maxi: 60 years

Min: 25 years 

Prepayment Charges

Part prepayment not allowed.

Part prepayment not allowed.

Foreclosure Charges

After six months from the date of disbursal: 5% of the principal outstanding amount.

Before six months from the date of loan disbursal: Not allowed.

After six months from the date of disbursal: 5% of the principal outstanding amount.

Before six months from the date of loan disbursal: Not allowed.

Deutsche Bank Personal Loan Interest Rates Key things:

Personal Loan Interest Rates by Banks