Schedule of charges for Personal Loan

Schedule of charges for Personal Loan


w.e.f. October 15, 2017

Fees and Charges

Personal Loans
Processing fees Up to 2% of the loan amount
Loan prepayment terms Prepayments:
• In case of Floating Rate Loan: No prepayment charges
In case of Fixed Rate loan: 5% of the principal outstanding at the time of loan closure

Part payments:
• No part payment is allowed
Charges for unsuccessful execution of standing instruction for payment / Cheque / ECS / NACH bounce charge Rs. 500
Default interest rate 24% per annum
Stamp duty charges on loan agreement As applicable depending on local regulations
Post dated cheques / ECS / NACH / SI Swap charges Rs. 500
Taxes and other government levies As applicable

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, taxes and other government levies, as applicable.