Urban Money

Deutsche Bank Business Loan Calculator

  • 50 K
  • 1 Cr
Years
  • 1
  • 5
%
  • 8
  • 25

Monthly Loan EMI

Payment Breakdown:

Principal Amount

₹15,00,000

Interest Payable

Total Amount Payable

The Deutsche Bank Business Loan Calculator is an easy-to-use online tool that can make your borrowing journey easy. When you use the calculator, you will need to enter certain details like loan amount, tenure, and applicable interest rate. Once you have entered all the details, the calculator will automatically generate the EMI amount you need to pay. You can also try out different parameters to select an EMI option most suited to your budget. In this piece, we will look at some details of the Deutsche Bank Business Loan Calculator, its features, benefits, and how you can use it to plan your next business loan.

Features of Deutsche Bank Business Loan Calculator

When you use the Deutsche Bank Business Loan Calculator, you get access to a myriad of features. It is a self-help tool that can aid you in numerous different ways. Given below are some of the features of this online tool:

  • The calculator has an easy-to-use interface that a layman can easily operate
  • Provides results in a quick and hassle-free manner
  • The calculations of the business loan-related components are done in real-time, thereby saving a significant amount of time
  • The calculator provides instant and accurate results
  • This tool can help borrowers efficiently anticipate repayments and expenses 
  • The intuitive and easy to use interface allows the borrower to carry out comparative analysis for different interest rates, loan tenure, and loan amounts
  • You can obtain a detailed amortisation schedule that can help you gain a deeper understanding of what your repayment will look like, and plan your finances accordingly

Benefits of Calculating Deutsche Bank Business Loan Online?

Before applying for a business loan, it is important to know your ability to obtain it. You can easily determine the same using the Deutsche Bank Business Loan Calculator. In this way, you will be able to budget your finances better in order to make timely EMI payments. Some of the other benefits of this calculator are:

  • Accessibility: This online calculator tool can be accessed and used from anywhere, anytime, and from any smart device.
  • Accuracy: Using this calculator is easier and more accurate than manually calculating the numbers.
  • Interest Rate: As stated above, you need to know your borrowing ability before applying for a loan. The calculator lets you compare the amount you can borrow concerning different interest rates.
  • Speedy Calculation: You must enter the loan amount, interest rate, and loan tenure. The calculator will automatically calculate the EMIs with just a single click.
  • Saves Time: Since you do not have to calculate the amount manually, you can save a lot of time.
  • Amortisation Schedule: The Deutsche Bank Business Loan Calculator also provides a detailed amortisation schedule which contains the date, principal amount, applicable interest, and EMI amount for the entire loan tenure. This is provided on a monthly basis. For instance, if you choose a tenure of 10 years, the table will contain details for 120 months.

How Does the Deutsche Bank Business Loan Calculator Work?

The Deutsche Bank Business Loan Calculator functions by considering the three below-given factors:

  • Loan Amount: This is the principal amount the applicant borrows in terms of the loan. The higher the loan amount, the higher the EMI amount you will be required to pay.
  • Loan Tenure: This is the given time period in which the borrower has to repay the loan amount plus interest. Since the loan is repaid in monthly instalments, the tenure is usually calculated in months, not years.
  • Interest Rate: This is the interest rate that applies to the loan amount. The interest rate varies according to the applicant’s credit profile, loan amount, and tenure.

The calculator uses the below-given formula to determine the EMI for your business loan:

EMI = P * R * (1 + R)n/ (1 + R)n-1

In this formula,

  • P is the principal loan amount
  • R is the applicable interest rate
  • n is the repayment tenure

Things to Consider While Calculating Deutsche Bank Business Loan

When you decide to obtain a business loan to establish a new business or expand an existing venture, it is imperative to consider a few factor. The interest rate, loan amount, and tenure are some of such factor that you simply can’t ignore. These are the three main factors that affect the EMI of your business loan; let’s take a detailed look at the same:

Interest Rate

The interest rate can be defined as the cost that Deutsche bank will charge on the loan amount you are borrowing. This factor determines the final amount you will need to repay at the end of the tenure. A healthy credit score can help you get a lower interest rate, whereas a less-than-favourable credit score can lead to a higher interest rate. If you successfully secure a business loan at lower interest rates, the EMI amount will also be low. Converely, a rise in interest rate will lead to a rise in the EMI amount.

Loan Amount

The borrowed principal amount of the loan greatly impacts the business loan EMI. Banks and other financial institutions usually sanction applications for small loan amounts at favourable interest rates. Banks usually hesitate to grant high loan amounts due to the increased associated risk factor. It is important to borrow only the amount required in order to avoid loan rejection or additional repayment burden.

Loan Tenure

This is the time period in which the borrower is required to repay the loan amount along with interest. The longer the loan tenure, the higher the amount you will have to pay back. Since the loan amount is paid back over a longer period of time, the interest and EMI component increases. Hence, the borrower should choose an adequate loan tenure in which they will repay the loan amount.

Deutsche Bank Business Loan Amortisation Schedule

The Deutsche Bank Business Loan calculator provides a detailed amortisation schedule concerning loan repayment. This is a tabular representation of the schedule in which the borrowed amount must be paid back to the lender throughout the tenure:

Let’s assume that Mr X borrows an amount of Rs. 15 lakhs for a tenure of 5 year, at an applicable interest rate of 9%. Given below is what the amortisation schedule will look like:

Date Interest  Principal  Remaining Balance at the end of the Month
September 2022 ₹ 11,250 ₹ 19,888 ₹ 1,480,112
October 2022 ₹ 11,101 ₹ 20,037 ₹ 1,460,076
November 2022 ₹ 10,951 ₹ 20,187 ₹ 1,439,889
December 2022 ₹ 10,799 ₹ 20,338 ₹ 1,419,550
2022 ₹ 44,101 ₹ 80,450 ₹ 1,419,550
January 2023 ₹ 10,647 ₹ 20,491 ₹ 1,399,060
February 2023 ₹ 10,493 ₹ 20,645 ₹ 1,378,415
March 2023 ₹ 10,338 ₹ 20,799 ₹ 1,357,616
April 2023 ₹ 10,182 ₹ 20,955 ₹ 1,336,660
May 2023 ₹ 10,025 ₹ 21,113 ₹ 1,315,548
June 2023 ₹ 9,867 ₹ 21,271 ₹ 1,294,277
July 2023 ₹ 9,707 ₹ 21,430 ₹ 1,272,846
August 2023 ₹ 9,546 ₹ 21,591 ₹ 1,251,255
September 2023 ₹ 9,384 ₹ 21,753 ₹ 1,229,502
October 2023 ₹ 9,221 ₹ 21,916 ₹ 1,207,586
November 2023 ₹ 9,057 ₹ 22,081 ₹ 1,185,505
December 2023 ₹ 8,891 ₹ 22,246 ₹ 1,163,259
2023 ₹117,359 ₹256,292 ₹1,163,259
January 2024 ₹ 8,724 ₹ 22,413 ₹ 1,140,846
February 2024 ₹ 8,556 ₹ 22,581 ₹ 1,118,264
March 2024 ₹ 8,387 ₹ 22,751 ₹ 1,095,514
April 2024 ₹ 8,216 ₹ 22,921 ₹ 1,072,593
May 2024 ₹ 8,044 ₹ 23,093 ₹ 1,049,500
June 2024 ₹ 7,871 ₹ 23,266 ₹ 1,026,233
July 2024 ₹ 7,697 ₹ 23,441 ₹ 1,002,793
August 2024 ₹ 7,521 ₹ 23,617 ₹ 979,176
September 2024 ₹ 7,344 ₹ 23,794 ₹ 955,382
October 2024 ₹ 7,165 ₹ 23,972 ₹ 931,410
November 2024 ₹ 6,986 ₹ 24,152 ₹ 907,258
December 2024 ₹ 6,804 ₹ 24,333 ₹ 882,925
2024 ₹ 93,317 ₹ 280,334 ₹882,925
January 2025 ₹ 6,622 ₹ 24,516 ₹ 858,409
February 2025 ₹ 6,438 ₹ 24,699 ₹ 833,710
March 2025 ₹ 6,253 ₹ 24,885 ₹ 808,825
April 2025 ₹ 6,066 ₹ 25,071 ₹ 783,754
May 2025 ₹ 5,878 ₹ 25,259 ₹ 758,495
June 2025 ₹ 5,689 ₹ 25,449 ₹ 733,046
July 2025 ₹ 5,498 ₹ 25,640 ₹ 707,406
August 2025 ₹ 5,306 ₹ 25,832 ₹ 681,574
September 2025 ₹ 5,112 ₹ 26,026 ₹ 655,548
October 2025 ₹ 4,917 ₹ 26,221 ₹ 629,327
November 2025 ₹ 4,720 ₹ 26,418 ₹ 602,910
December 2025 ₹ 4,522 ₹ 26,616 ₹ 576,294
2025 ₹ 67,019 ₹ 306,631 ₹ 576,294
January 2026 ₹ 4,322 ₹ 26,815 ₹ 549,479
February 2026 ₹ 4,121 ₹ 27,016 ₹ 522,462
March 2026 ₹ 3,918 ₹ 27,219 ₹ 495,243
April 2026 ₹ 3,714 ₹ 27,423 ₹ 467,820
May 2026 ₹ 3,509 ₹ 27,629 ₹ 440,191
June 2026 ₹ 3,301 ₹ 27,836 ₹ 412,355
July 2026 ₹ 3,093 ₹ 28,045 ₹ 384,310
August 2026 ₹ 2,882 ₹ 28,255 ₹ 356,055
September 2026 ₹ 2,670 ₹ 28,467 ₹ 327,588
October 2026 ₹ 2,457 ₹ 28,681 ₹ 298,907
November 2026 ₹ 2,242 ₹ 28,896 ₹ 270,011
December 2026 ₹ 2,025 ₹ 29,112 ₹ 240,899
2026 ₹ 38,255 ₹ 335,395 ₹ 240,899
January 2027 ₹1,807 ₹ 29,331 ₹ 211,568
February 2027 ₹1,587 ₹ 29,551 ₹182,017
March 2027 ₹1,365 ₹ 29,772 ₹152,245
April 2027 ₹1,142 ₹ 29,996 ₹ 122,249
May 2027 ₹ 917 ₹ 30,221 ₹ 92,029
June 2027 ₹ 690 ₹ 30,447 ₹ 61,581
July 2027 ₹ 462 ₹ 30,676 ₹ 30,906
August 2027 ₹ 232 ₹ 30,906 ₹ 0
2027 ₹ 8,201 ₹ 240,899 ₹0 

How to Get a Business Loan From Deutsche Bank?

You can obtain a business loan from Deutsche Bank online by following the steps given below:

Step 1: Visit the official Deutsche Bank website.

Step 2: On the homepage, click on the ‘Unsecured Business Loan’ option from the ‘Loans’ tab.

Step 3: You will be required to enter certain details like name, email ID, and mobile number. Enter the verification code and grant permission to let a bank representative contact you.

Step 4: Click on the ‘Submit’ button.

Step 5: A bank representative will get in touch with you to take the loan application process further.

Frequently Asked Questions (FAQs)

What is the rate of interest on business loans in Deutsche Bank?

The interest rate for a business loan from Deutsche bank starts at 11.49% per annum.

Can I get a business loan of 10 lakhs from Deutsche Bank?

Deutsche bank provides business loans ranging from Rs. 10 lakhs to Rs. 50 lakhs. The amount sanctioned to you depends on your credit profile and various other factors.

What is the EMI calculation formula for a business loan from Deutsche Bank?

The EMI calculation formula for a Deutsche bank is EMI = P * R * (1 + R)n/ (1 + R)n-1. In this formula, P is the principal amount, R is the interest rate, and n is the number of years the loan has been borrowed for.

Will business loan EMI change in case of prepayment in Deutsche Bank?

If the business loan is obtained at a floating interest rate, then loan prepayment can lead to a change in the loan EMI or tenure at the discretion of the bank.

Why should I calculate Deutsche Bank business loan EMI before taking a loan?

You should always calculate the EMI before taking a business loan as it can help you budget better and plan your repayment schedule accordingly.

What is the Deutsche Bank business loan processing fee?

The processing fee for a business loan from Deutsche Bank is 3% of the sanctioned loan amount.