Schedule of Charges for Home Loan

Schedule of Charges for Home Loans and Property Purchase Loans (All Variants)

w.e.f April 01, 2017

Description Home Loan (all variants)
Administration fees Upto 1% of loan amount disbursed
Loan prepayment charges Fixed rate loan:
• Part payment charges are 2.50% of the amount prepaid
• Pre-closure charges are 2.50% of the loan outstanding at the time of loan closure.

Floating rate loan:
• No part payment or prepayment charges.
Duplicate statement charges
(account statement, interest certificate, amortization
schedule etc)
Rs. 200
Charges for unsuccessful execution of standing instruction for payment / Cheque / ECS / NACH bounce charge Rs. 500
Switch fee / Repricing fee Upto 1% of principal outstanding
(at the request of the borrower, Deutsche Bank at its discretion may permit the borrower to re-price his / her loan)
Transaction fee Rs. 500
(applicable on all customer initiated EMI / tenure change requests)
Default interest rate 24% per annum
Stamp duty charges on loan agreement As applicable depending on local regulations and on the type of mortgage
Post dated cheques / ECS / NACH / SI swap charges Rs. 500
Document retrieval charges Rs. 500
Taxes and other government levies As applicable

*In the event of the loan getting declined, an amount of Rs. 2,000 (or the fee paid by the client, whichever is lower) would be deducted towards loan administration fee and the balance amount would be refunded. No refund of administrative fee would be done if the loan is sanctioned.

Deutsche Bank AG, India (“Bank”) reserves the right to request for such documentation and information as it deems necessary to process the loan application. Approval of loan shall be at the sole discretion of the Bank. The loan shall be subject to due execution of requisite legal documents. Charges as mentioned are subject to change and shall attract Service Tax / Education Cess, as applicable.