RBL Bank Personal Loan

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RBL Bank Personal Loan
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Why take personal loans from RBL Bank?

• Unexpected situations which require urgent funds
  can crop up anytime in your life. Maybe it is to
  pay for children's studies, medical treatment or
  even simply just going on a vacation.
• Its important to have a back up financial
  resource in order to get over the crisis and get
  back on your feet.
• A Personal Loan could help you in such times of
  requirements, without the need for collateral or
  guarantor. A personal loan is mainly a
  no-collateral, all-purpose loan, who's end-use is
  not restricted. You can use the personal loan in
  any way you wish.
• RBL Bank Personal Loan can be availed for any
  genuine personal credit requirement at the
  competitive rate of interest with a hassle-free
  loan amount disbursement.

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Features Benefits

• One can avail a loan amount from 1 Lakh up to 20
  Lakhs.
• RBL bank provides convenient loan repayment
  option ranging from 12 to 60 months.
• No security or collateral is required to avail a
  personal loan from RBL bank.
• Documentation is simplified and quick.
• Attractive rate of interest.
• Hassle-free loan sanction and disbursal
  procedure.
• Loan payable in easy installment.

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Eligibility Criteria

• Age limit The age of the RBL bank personal
  loan applicant should be minimum of 25 years and
  maximum up to 60 years. Moreover, the loan should
  be repaid at least one year before his or her
  retirement from service.
• Service The loan applicant should be a permanent
  employee with a minimum of 12 months service at
  current employment 3 years overall employment
  experience.
• Minimum Income Individuals having minimum Gross
  Monthly salary of ? 25,000/- are eligible for
  this loan.
• Eligibility and EMI calculator Now, you can
  easily evaluate and calculate your RBL
  Bank personal loan eligibility and RBL
  Bank personal loan EMI amount using utility tools
  like personal loan eligibility calculator and pers
  onal loan EMI calculator at Afinoz. These
  calculators will help you to determine your EMI
  outflow every month including the interest rate
  you will need to pay. It is free, easy and simple.

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Documents Required

• Duly signed the application form.
• Passport sized photographs.
• Copy of Identity Proof Passport/PAN Card/Voters
  ID card/Driving License etc.
• Copy of Address Proof Ration card/Driving
  License/Voters ID card/Passport/Telephone
  Bill/Electricity bill.
• Processing fee cheque.
• Banks statement of last 3 months/6 months bank
  passbook.
• For Salaried individuals Latest Salary slip and
  Current dated salary certificate with the
  Form-16.
• For Self-Employed individuals Latest Bank
  statement/ITR or Form-16.

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Interest Rate Charges as per 2020
Interest Rates 14.5 p.a. up to 23 p.a.
Loan Tenure 12 to 60 months
Loan Processing Fee 3.00 of the total loan amount
Loan Amount Minimum ? 1 LakhMaximum ? 20 Lakhs
Age Minimum 25 years
Minimum Income ? 25K PER MONTH
Foreclosure charges No pre-payment permitted until repayment of 12 EMIs. 5 of Principal outstanding Till 18 EMIs paid and 3 of Principal outstanding if more than 18 EMIs paid.
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RBL Bank Personal Loan Customer Care

• All the prospective borrowers and the existing
  customers of the bank can raise concerns and
  queries with the help of the pan India toll-free
  number 1800 123 8040 or you can call on 022 6115
  6300.
• Customers are also requested to drop an email on
  customercare_at_rblbank.com in case they would like
  to enquire about the loans and products in detail.

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Thank You !!!