For Official Use Only

Date: Loan Type Home Loan LAP variants

Interest rate type Fixed Floating
Loan Fully Disbursed Yes No
Account Open Date:
To:
Deutsche Bank
Branch

Sub: Part Payment of Loan Account

Ref: Loan Account Number

Customer Name

Dear Sir / Madam,

You are requested to accept a part prepayment for the above mentioned loan account.

Desired Effect after Part Prepayment:

EMI CHANGE ONLY - Retain existing tenor and only alter the EMI amount (Interest till the date of partpayment
may be charged and recovered from partpayment amount. Balance amount available after interest recovery
shall be applied towards partpayment)

In case of EMI change request received by us 10 days or less than 10 days prior to cycle date, customer will have
to maintain balance in his account as per existing EMI.

TENOR CHANGE ONLY - Retain existing EMI and only alter the remaining Tenor

Total Partpayment Amount (including charges) INR:

I / We agree to pay charges of Rs. (# if applicable, refer charges below) of by:

Cash/Cheque/DD no dated
Deducting from the above amount applying a net of Rs. towards principal.

Mode of payment
1) In case of DD / CHEQUE
Particulars Instrument 1 Instrument 2
DD / Cheque No.
Drawn on (Bank name)
Amount (INR)
DD / Cheque Dated

2) In case of DIRECT DEBIT basis debit authorization (only for DB Account Holders)

I / We authorize Deutsche Bank to debit an amount of Rs._________________________ (in words

_________________________________________________________________________) from my savings /
current account no. _________________________________________ towards partpayment of my / our Loan
account no. _______________________________ held with your bank.

Name / Signature --------------------------------------------------------------------------

Source of Funds (Mandatory)

Thanking You

Signature of Customer Contact No:

Charges w.e.f October 15, 2017
HOME LOAN AND PROPERTY PURCHASE LOAN (ALL VARIANTS)
• No part-prepayment can be done on partly disbursed loans.
Fixed rate loan:
• Part payment charges are 2.50%+ Taxes and other Govt. levies as
applicable of the amount prepaid
• Pre-closure charges are 2.50%+ Taxes and other Govt. levies as applicable
of the loan outstanding at the time of loan closure.
Floating rate loan (for Home Loan, HL top-up and Property Purchase
Loan):
• No part payment or prepayment charges
* Taxes and other Govt. levies as applicable on fees and charges
https://www.deutschebank.co.in/schedule_of_charges.html
For more information
- Please visit nearest Deutsche bank branches
- Call our 24 – hour Phone Banking at 1860 266 6660*
- Visit www.deutschebank.co.in
- Email us at Premium.care@db.com
Partpayment Letter Format - Ver 4.5
LOAN AGAINST PROPERTY, LOAN FOR PURCHASE OF COMMERCIAL PROPERTY
( ALL VARIANTS )
Fixed rate loan:
• Part payment charges are 4%+ Taxes and other Govt. levies as applicable on the amount prepaid*
• Pre-closure charges are 4%+ Taxes and other Govt. levies as applicable of the loan outstanding at
the time of loan Closure.
Floating rate loan: Individuals
*No part payment or prepayment charges for loans advanced to individual borrower
*In case of loans approved jointly with a Non-individual Entity, the part-payment/Preclosure
Charges as applicable to non-individuals will apply
Loans: Non-Individuals
• Part prepayment up to 25% of outstanding loan amount every financial year: NIL.
• For amount part paid in excess of 25% of outstanding loan amount in every financial year:
i. Upto 3 years from the date of disbursal: 4%+ Taxes and other Govt. levies as applicable of excess
amount part paid
ii. After 3 years from the date of disbursal: 2%+ Taxes and other Govt. levies as applicable of excess
amount part paid
• Pre-closure charges are levied on the loan outstanding and all part payments made in the current
financial year prior to loan closure for which no part payment charges were paid.
i. Upto 3 years from the date of disbursal: 4%+ Taxes and other Govt. levies as applicable
ii. After 3 years from the date of disbursal: 2%+ Taxes and other Govt. levies as applicable

Transaction fee Rs 500/-*

(Applicable on all customer initiated EMI/tenure change request including part payments)
*Taxes and other Govt. levies as applicable on fees and charges