Apply Deutsche Bank Business Loan Online
Explore 2017 Interest rates available for Deutsche Bank Business Loan. Check eligibility criteria, documents required and get instant approval.
Get a Deutsche Bank Business Loan if you are looking to increase the cash flow or asset holdings of your business. The Business Loan products are customized to meet specific business requirements.
|Rate of Interest||MCLR + Margin|
|Penal Interest Rate||24% per annum|
|Loan Prepayment Penalties||You can prepay after 9 months from the date of disbursal.No part prepayment is allowedIn case of Fixed rate loan: 5% of the principal outstanding at the time of foreclosure.In case of Floating rate loan : No pre-payment charges|
|Credit Maintenance Fee||1% of loan amount per year, to be paid monthly|
|Portfolio Service Charges||1.5% of loan amount disbursed, to be paid monthly|
|Documentation and Processing Fees||3% of loan amount disbursed|
|CIBIL Report Issuance Charges||Rs. 50/-|
|Charges for unsuccessful execution of Standing Instruction for payment/ Cheque/ ECS Bounce Charge||Rs. 1,000/-|
|Post Dated Cheques/ ECS Swap Charges||Rs. 500/-|
|Service Tax||Applicable on fees and charges|
|Stamp Duty Charges on Loan Agreement||Depending on Local Regulations|
|No Dues Certificates||Free|
|Duplicate Statement Issuance Charges||Rs. 500/-|
|Annual Account Statement Charges||Free|
Deutsche Bank Business Loan eligibility is to be met for processing the loan.
It is better to be prepared with the following Deutsche Bank Business Loan Documents when you want to begin the loan application process:
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