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.

Deutsche Bank Business Loan

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.

Deutsche Bank Business Loan Interest Rate, Charges, Fees and Commissions

Fee Type
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 allowed

In 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

Deutsche Bank Business Loan eligibility is to be met for processing the loan.

  • Applicants must meet the Reserve Bank of India’s definition of Micro/Small Enterprises
  • Minimum three years in the same line of business and operating for three years in the same city
  • The applicants have to be defined as per the Reserve Bank of India guidelines
  • The income on an annual basis should not be less than Rs. 5,00,000
  • The business should be running for a minimum period of 3 years in the present line of business

Deutsche Bank Business Loan Documents

It is better to be prepared with the following Deutsche Bank Business Loan Documents when you want to begin the loan application process:

  • Application Form
  • Audited Financials - for last 3 years
  • IT returns - for last 3 years
  • Bank Statement - for last 6 months
  • Shareholding pattern
  • Copy of Sanction letter from current banker for existing facilities
  • KYC documents of promoters/Key directors/Proprietor/Partners
  • Copy of Security documents