Now RBL Bank offers Personal Loans for its customers. If you are a customer of RBL Bank, Now you can take a personal loan up to five lakhs from the RBI Bank. The RBL Bank offers Personal loan with affordable interest rate and easy EMIs. You can pay your loan in easy EMIs. And RBL Bank gives you 36 months to repay your loan amount.
As well as RBL Bank does not take any hidden charges excluding Processing Fee. RBL Bank takes 2% of the processing on your Loan amount. Otherwise, RBL Bank doesn’t take any extra fees or charges for Personal Loans. Here I am going to tell you everything about the RBL Bank Personal Loan. Let’s First know about the Benefits of RBL Bank Personal Loans.
RBL Bank Personal Loan Features and Benefits
The Features of RBL Bank are given below in the lists:
- You can take RBL Bank personally without any Security or Collateral.
- You can take a loan from 30,000 INR to 5,00,000 INR.
- RBL Bank gives enough time to repay your loan amount up to 36 months
- Affordable and attractive Interest Rates
- Hassle-Free loan Process and Disbursal Process.
- You can convert your Big loan amount in small EMIs.
RBL Bank Personal Loan Eligibility Criteria
The RBL Bank Personal Loan Eligibility Criteria is so simple and easy that anyone can fulfill its eligibility criteria. Here I have given its eligibility Criteria Below in the lists:
- Your Age should be between 25 to 60 years.
- Your Monthly income should be at least 40,000 monthly
- You should have at least three years of work experience in your current job. And one year in current employment.
- Your Credit score should be good.
Read Next: Know Everything about the HDFC Bank Personal Loan.
RBL Bank Personal Loan Required Documents
The RBL Bank asks for very few documents to give personal loans. Here I have given all the required documents listed below that are asked by the RBL Bank:
- Your identity proof includes your Aadhar card, passport, driving license, voter ID card, or any other identity proof documents.
- Your Colour Photograph
- PAN Card
- Last Three months’ Salary Slip
- Last three months’ Bank statements with Passbook
RBL Bank Personal Loan Interest Rate
The RBL Bank provides personal loans at affordable interest rates. RBL Bank has confirmed that they take 18% interest rate annually. But it is important to note that the rate of interest rate can vary according to your loan amount, loan repayment time, and most importantly your credit score.
Read Next: You Need TO Know Everything about the RBL Bank WhatsApp Banking.
RBL Personal Loan Fees and Charges
RBL Bank takes 2% processing fee of your loan amount, and if you miss paying your EMI bill then the bank will charge an extra 3% of your EMI amount plus GST.
How To Apply For RBL Bank Personal Loan?
Right now RBL Bank does not provide personal loan online. If you want to take personal loan from the RBL Bank. Then you will have to visit the your nearest branch of RBL Bank. And from there you will have to apply for personal loan with the help of Loan officer.
Read Next: Check Your RBL Bank Loan Application Status.
RBL Bank Loan Helpline Number
If you have any doubt regarding the RBL Bank loan. you should contact with the RBL Bank loan customer support team. And they will help you to complete your loan process. The RBL Bank Loan helpline number is +91 22 6115 6300/.
Conclusion
Hello My dear readers, Today in this article I have given you complete information regarding the RBL Bank Personal Loan. I hope that this article will help you to solve your problem. If you have any doubt you can ask below in the comment. THank You.
She is a professional writer, SEO Specialist, and Editor. She has completed her MBA in Marketing and Finance and now working at StatusCheck.co.in as a senior writer and editor. She has more than ten years of experience in Personal Finance, Marketing, article writing, and Banking Serices. She is able to describe and teach deeply about Personal Finance, and Banking Services to our readers. So We hope you all enjoy her articles.