New DKB offer: Installment loans up to 100,000 euros - compare now!

New DKB offer: Installment loans up to 100,000 euros - compare now!

The DKB has updated its range of installment loans and now offers comprehensive options for borrowers. A personal loan issued by the bank allows people to use financial resources for personal purposes. The repayment takes place in fixed installments over an agreed term, with interest accruing on the loan amount. The DKB signals that it offers installment loans of up to 100,000 euros with terms of 12 to 120 months. The current interest rate is a two-thirds interest rate of 6.39 percent and there is an interest rate advantage of 0.3 percentage points for the “Immediate Private Loan”.

An example calculation shows that with a net loan amount of 50,000 euros that is repaid over 8 years, the total costs are 14,476.60 euros. Those interested can easily apply for a private loan online, with two options: the “Immediate Private Loan” and the “Classic Private Loan”. The instant loan offers digital account verification and identification via Video-Ident, while the classic variant uses the Post-Ident procedure for identification.

Conditions and advantages

The DKB private loan is a classic installment loan with flexible conditions and a net loan amount between 2,500 and 75,000 euros. The term can also be chosen flexibly from 12 to 120 months. The effective annual interest rate is between 6.59 and 7.05 percent, while the fixed interest rate is between 6.40 and 6.80 percent. One advantage of the DKB private loan is that there are no processing fees and special repayments are possible at any time. The intended use is freely selectable, but real estate financing is excluded. There is also the option of refinancing other loans.

In order to benefit from discounts, active customers (at least 700 euros monthly inflow) should meet the conditions. The loan is offered as being independent of creditworthiness, but there are a few requirements that must be observed: Borrowers must be of legal age, reside in Germany and be employed, with the exception of certain self-employed people.

Application process and payment

The loan application at DKB can be carried out in three simple steps: First, customers select the term and amount, then they fill out the online application and confirm their identity. If the decision is positive, the money will be available within a few days. A key advantage of the DKB instant loan is the immediate decision and payment without extensive documents. Compared to other banks, DKB's interest rate offering is in the upper middle range, which is why borrowers should compare several offers.

Alternative financing options, such as overdrafts and P2P loans, often have higher interest rates or worse conditions and should therefore also be examined. Advice like Dr. Klein, Interhyp or Verivox offer support in finding the type of loan that suits your individual needs.