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Q.

What is Deutsche Bank Personal Loan Interest Rate?

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30 days

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Hello. The Deutsche Bank personal loan interest rate India ranges from 10.75 percent to 11.75 percent per annum. I applied for a personal loan in August last year and inquired about information like the loan amount and the tenure offered by the bank for their personal loan. Let me share more information regarding this below.

Features of Personal Loan from Deutsche Bank

Here are the features under the personal loan offered by the Deutsche Bank:

Loan Feature

Figure

Interest Rate

10.75 to 11.75 percent

Loan Amount

Rs. 50,000 to Rs. 15 lakhs

Loan Tenure

12 months to 48 months

Factors Affecting Loan Interest Rate

Let me tell you that the interest rate at which the bank offers you a personal loan depends on certain things. They are:

  1. Credit Score: A higher credit score, preferably 750 and above will increase your chances of securing a loan with a lower interest rate.

  2. Loan Tenure: A shorter tenure will result in a lower interest rate. If you opt for a longer tenure, the interest rate will also increase.

Remember that Deutsche offers personal loans to only existing customers of theirs. If you want to ease out the application process. Here is the

application form

. You can download it, fill it out completely and correctly and submit it at the bank. I will conclude my answer here. I hope this helps you with the Deutsche Bank personal loan rate of interest.

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