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. |
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.