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Deutsche Bank MCLR Rates, Deutsche Bank Base Rate – Jun 2017

Last Updated 13th Jun 2017

Deutsche Bank MCLR Rate – Current Rate, Past Trend

Current MCLR of Deutsche Bank ranges from 7.80% to 9.30% depending on the reset frequency of the loan. Rates are revised every month.

Deutsche Bank MCLR, Base Rate Tenure
7.80% Overnight
8.05% 1 Month
8.55% 3 Month
9.05% 6 Month
9.30% 1 Year
Base rate - 8.95% Past Trend
Deutsche Bank Interest Rates
Home Loan Interest Rates 9.45% * Floating Detail
Fixed Deposit Interest Rates 4.00% to 8.00% * Detail

Past Trend MCLR Rate of Deutsche Bank

Deutsche Bank MCLR Rate History

Revised
Date
Overnight MCLR
1 Month MCLR
3 Month MCLR
6 Month MCLR
1 Year
MCLR
2 Year
MCLR
3 Year
MCLR
5 Year
MCLR
07th Jun 17
7.80%
8.05%
8.55%
9.05%
9.30%
-
-
-
07th May 17
7.80%
8.05%
8.55%
9.05%
9.30%
-
-
-
07th Apr 17
7.80%
8.05%
8.55%
9.05%
9.30%
-
-
-
07th Mar 17
7.90%
8.15%
8.75%
9.15%
9.40%
-
-
-
07th Feb 17
7.85%
8.10%
8.85%
9.10%
9.35%
-
-
-
07th Jan 17
7.85%
8.10%
9.00%
9.10%
9.35%
-
-
-
07th Dec 16
7.60%
7.60%
8.75%
8.85%
9.10%
-
-
-
07th Nov 16
7.95%
8.40%
8.65%
8.65%
8.90%
-
-
-
07th Oct 16
8.20%
8.65%
8.90%
8.90%
9.15%
-
-
-
07th Sep 16
8.25%
8.70%
8.95%
8.95%
9.20%
-
-
-
07th Aug 16
8.25%
8.70%
8.95%
8.95%
9.20%
-
-
-
07th Jul 16
8.40%
8.85%
9.10%
9.10%
9.35%
-
-
-
07th Jun 16
8.50%
8.95%
9.20%
9.20%
9.45%
-
-
-
07th May 16
8.50%
8.95%
9.20%
9.20%
9.45%
-
-
-
01st Apr 16
8.90%
9.15%
9.40%
9.40%
9.65%
-
-
-

Deutsche Bank MCLR Base Rate Vs. RBI

  • RBI requires banks to set their own MCLR Rate based on their marginal cost of funds. So, Deutsche Bank decides its own MCLR Rate from time to time based on prescribed guidelines and formula of RBI
  • Note that the RBI does not decide the MCLR Rate of any bank
  • Effective 1st April 2016, the minimum base rate is determined based on marginal cost of funds and not on overall cost of funds. Deutsche Bank has different MCLR base rates ranging from 7.80% to 9.30% for different tenures

Changes in MCLR of Deutsche Bank

  • MCLR rate can be revised by Deutsche Bank every month
  • Note that it is not mandatory for Deutsche Bank to revise its rate every month and it may choose to retain the same rate for a longer period

Deutsche Bank home loan interest rate and MCLR

  • Every floating rate loan sanctioned by Deutsche Bank is benchmarked to its MCLR Rate for a particular tenure, say 1 month or 3 month or 6 months
  • Shorter duration loans (such as cash credit, OD facility, overnight loans) are linked to shorter duration MCLR rate while longer duration loans (such as home loan, loan against property, vehicle loan) are linked to longer duration MCLR rates
  • The applicable rate of interest on a floating rate loan will consist of two parts - the applicable benchmark rate and the spread or margin above the benchmark
  • Your loan from Deutsche Bank will be repriced periodically depending upon the tenure of the MCLR to which it is linked. So, a home loan linked to 1 year MCLR rate of Deutsche Bank will be repriced every year. Say, you take a loan at 1 year MCLR plus 50 bps spread when the 1 year MCLR is 9.65%. This loan will initially be priced at 10.15%. Its next re-pricing will be one year from now. If the 1 year MCLR rate after one year is 9.4%, the loan will be priced at 9.9% for the next year

Past trend of Deutsche Bank Base Rate vs RBI Repo Rate

Date RBI Rates Bank Rates
08th Feb 17 0%
07th Dec 16 0%
14th Oct 16 8.00% 0.95%
14th Oct 16 8.95% 0.15%
04th Oct 16 0.25%
15th Jul 16 9.10% 0.1%
05th Apr 16 0.25%
19th Oct 15 9.20% 0.15%
29th Sep 15 0.5%
13th Jul 15 9.35% 0.3%
02nd Jun 15 0.25%
04th Mar 15 0.25%
28th Jan 15 9.65% 0.3%
15th Jan 15 0.25%
28th Jan 14 0.25%
03rd Jan 14 9.95% 0.3%
18th Dec 13 0%
29th Oct 13 0.25%
20th Sep 13 0.25%
03rd May 13 0.25%
19th Mar 13 0.25%
11th Feb 13 9.65% 0.1%
29th Jan 13 0.25%
18th Oct 12 9.75% 0.25%
24th Apr 12 10.00% 0.5%
17th Apr 12 0.5%
02nd Mar 12 10.50% 0.5%
02nd Nov 11 10.00% 0.25%
25th Oct 11 0.25%
16th Sep 11 0.25%
02nd Sep 11 9.75% 0.25%
02nd Aug 11 9.50% 0.25%
26th Jul 11 0.5%
24th Jun 11 9.25% 0.5%
16th Jun 11 0.25%
04th May 11 8.75% 0.5%
03rd May 11 0.5%
17th Mar 11 0.25%
16th Mar 11 8.25% 0.5%
25th Jan 11 0.25%
07th Jan 11 7.75% 0.5%
03rd Nov 10 7.25% 0.5%
02nd Nov 10 0.25%
16th Sep 10 0.25%
27th Jul 10 0.25%
02nd Jul 10 0.25%
01st Jul 10 6.75%

Deutsche Bank Base Rate Vs. RBI Repo Rate Trend

About Deutsche Bank

  • Deutsche Bank is a Foreign Bank in India with 18 branches, 37 ATM's and 1,776 employees across the country.
  • Deutsche Bank's registered office is located at Deutsche Bank AG The Capital C-70, G Block Bandra Kurla Complex Mumbai-400051 .
  • For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 2,549 crs. and Standalone net profit of Rs. 1,406 crs. Deutsche Bank reported total deposits of Rs. 57,292 crs and total advances of Rs. 0 crs.
  • Deutsche Bank's management is led by its CEO Mr. Gunit Chadha .
  • Its current Base Rate is 8.95%, which was last revised on 14th Oct 16.
Deutsche Bank Base Rate, PLR
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