Loan Details

Interest Rate

Starting from 24% p.a.

Processing Fee

Up to 3% of the loan amount

Prepayment

Charges

After 9 months of loan disbursal, you can prepay the amount.

Tenure

Up to 36 months

  • Eligibility Factors
  • Documents Required
  • Loan Verification Process
  • Rate of Interest
Deutsche Bank Business Loan
  • Business continuity: At least 3 years of business existence
  • Credit score: Should have a good credit score
  • Employment type: Retailers, startups, & SMBs
  • Minimum net income (monthly): Must have verified source of regular income
  • Work experience: Minimum 5 years

 

You need to submit these documents to Deutsche Bank

Identity Proof


  • Driving License
  • Aadhar Card
  • Valid Passport
  • PAN Card
  • Voter ID

Proof of Address


  • Utility Bill
  • Receipt of Property Tax
  • Approved Building Plan
  • Valid Passport
  • Voter ID
  • Registered Rent Agreement

Birth Date Proof


  • Driving License
  • Valid Passport
  • Voter ID
  • Aadhar Card

Additional documents


  • Bank statement of the last 6 months
  • KYC docs of promoters, Key directors, Proprietor and Partners
  • Last 2 years' P & L Account, Balance Sheet and Tax Audit report


The loan verification proceeds in the following stages:


  • Fill the Deutsche Bank business loan application form and upload it on the official website or wherever required. Submit copies of all the relevant documents required for application verification. You can also do it through apnapaisa.com.
  • Our customer care representatives will get back to you within 24 hours and will schedule a visit to collect the documents.
  • Afterwards, the concerned officials at Deutsche Bank will verify the documents and the details. They may visit the business location if necessary.
  • Once your application for Loan Against Property is approved, the loan amount will be disbursed to your account.


The interest rate for Deutsche Bank business loans depends on several factors like business requirements, loan amount, repayment period, applicant's profile, and so on. However, the rate of interest starts from 24% p.a. onwards.