Deutsche Bank is a global banking and financial services company headquartered in Germany. The bank offers a variety of products and services to its customers, including car loans.
The Deutsche Bank eligibility calculator is a tool that helps determine your eligibility for a car loan based on certain factors. It also provides an estimate of the loan amount and interest rate that you may be eligible for.
If you're considering a car loan from Deutsche Bank, it's important to know the eligibility requirements. Our table provides a clear overview of these criteria.
| Eligibility Criteria | Requirements |
|---|---|
| Age | 21-60 years |
| Income | Rs.25,000 per month |
| Loan amount | ? 1,00,000 to 100% of Ex-showroom Price |
| Repayment | 84 months |
| Cibil score | 750 |
Factors that can affect your loan eligibility include:
Age: Your age at the time of loan application and at the time of loan maturity affects eligibility.
Income: Your income and job stability play a significant role in determining loan eligibility.
Credit score: A good credit score is an essential factor in obtaining a car loan, and a poor credit score can lead to rejection or high-interest rates.
Loan amount and tenure: The loan amount and repayment tenure you select will also impact your eligibility.
Existing debts: The bank takes into account your existing debts and financial obligations to assess your repayment capacity.
Type of car: The make and model of the car that you are interested in purchasing can also impact eligibility.
To apply for a car loan from Deutsche Bank, you will need to provide the following documents:
Proof of identity and address
Income proof
Bank statements
Vehicle details
Tax returns
Employment details
Salary slips
These documents are necessary to complete the car loan application process and for the bank to evaluate your eligibility for a car loan.
The minimum age to apply for a car loan is 21 years and the maximum age is 60 years.
Yes, the car loan eligibility calculator will also show you the estimated EMI amount based on your loan amount, interest rate, and loan tenure.
While there is no specific credit score requirement, having a good credit score can increase your chances of getting approved for a car loan and also help you get better interest rates.
Yes, self-employed individuals can apply for a car loan at Deutsche Bank, provided they meet the eligibility criteria.
Yes, you can apply for a car loan at Deutsche Bank online by visiting their official website and filling out the online application form.