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By Kaisar
Tuesday, March 17, 2009 (00:54:24), EST

Deutsche Bank Offers Customized Options for Home Loans

Deutsche Bank has launched an array of home loan products to suit the varied interests of customers. DB Flexi Home Loan is aimed at providing maximum flexibility to the customers for choosing between floating and fixed rate of interest. This scheme is designed to give you an option against the fluctuations in interest rates by combining both fixed and floating interest rates. A part of your loan would be charged at fixed rate while the other at floating rate.

DB StepUp Home Loan and DB StepDown Home Loan are other schemes by Deutshce Bank. The first option allow you to pay a lower EMI in initial years and higher EMI in later years, and are most suitable for people in their early stage of careers. The second option is a reverse of the first with higher EMI in initial years and lower in later years.

 



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