RBL Bank Business Loan

RBL Bank star star star star star 4.25 / 5.04 users

RBL Bank Business loan is one of the best ways to finance your business needs. RBL Bank offers business loans in India with the motto of providing financial help to fulfil the requirements of short term business and working capital needs. Business financial requirements are capably addressed via these kinds of unsecured loans relying on business growth for the timely repayment of the loan. The Business Loan RBL may be either working capital loan or a demand loan with the repayment tenure of up to three years.

The loan is offered to businesspersons or entrepreneurs having the wish of improving existing business related infrastructure or expanding their business. So, these loans are used for various business requirements by the people of India. At our website, you can check RBL Bank business loan eligibility and RBL Bank EMI calculator for free. Stay updated on this page, Loanbaba.com provides all the information about RBL Bank business loans:

RBL Bank Business Loan Details Updated on 20th August 2019

Loan Amount

Rs.10 Lakhs upto Rs.35 Lakhs

Loan Tenure

12 to 60 months

Interest Rate

Base rate 20.00% per annum

Why Apply for RBL Business Loan?

  • The advantage of this loan is its same interest throughout the duration.
  • Simple documentation is needed and the business loan in RBL Bank then gets processed faster.
  • The customers can pay off the loan in easy instalments every month and can repay it via auto debit or PDC or ECS.
  • You can check out RBL Bank business loan eligibility and RBL Bank Business Loan EMI calculator at Loanbaba.com.

Features of Business Loans at RBL Bank

The following key points will help you understand the features and benefits of the business loans RBL Bank:

  • Any individual, sole proprietorship, partnership firm, professional and Pvt. Ltd. companies that also includes closely held public ltd. companies, with a business having enough revenue and profit from last three years. 
  • He/she should possess at least five years of experience in same business line with at least 3 years of operation and establishment in same city. If the applicant is a self employed professional, then he/ she must possess at least four years of post qualification experience 
  • The yearly turnover of the business should be minimum one core rupees, and in service/professional sector, the total receipts of the applicant should be at least a total of sixty lakh rupees.
  • The applicant should own either an office or residence in his/her name or jointly with members of the family or should be staying at a place that is owned by any immediate member of the family.

Why Apply for RBL Bank Business Loan on Loanbaba.com?

At Loanbaba, you can compare and apply for business loans online. You can check out several small business loan schemes by RBL Bank and go through all their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, at one page. You can also quickly apply for RBL Bank Business Loan online on our website without having to visit the branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

How to Apply for RBL Business Loan on Loanbaba?

You can apply for business loan RBL Bank or any other bank/NBFC business loan at Loanbaba.com within a few clicks.

RBL Bank Business Loan Interest Rates

The RBL Bank business loan interest rate: Base rate is 10.65% per annum and prime lending rate is 16.25% per annum, but varies as per individual profile. Keep a check on this page to note the updated RBL Bank business loan interest rate for the current year.

RBL Bank Business Loan Eligibility Calculator

Business loan eligibility may differ from one candidate to another. You can also use free-of-cost business loan RBL Bank loan eligibility calculator at Loanbaba.com. The eligibility criteria for loan for business are discussed below:

  • The applicant for business loan RBL Bank needs to meet the age requirement and possess all necessary identity and profit/revenue proof etc required applying for the loan.
  • He/she meet the requirement for company credit score and should not be under too many debts.

Types of RBL Bank Business Loans

RBL Bank has business loan schemes for all kinds of professionals. The amount taken as loan can be used for either multiple or specific purposes.

RBL Bank Business Loan FAQs

Below provided are important questions about business loan RBL Bank.

  • addFAQs
    1. What are the RBL Bank Business Loans limits?
    2. On the basis of applicant's credit worthiness, documents' validity and securities' value, the bank can offer loan that can range from ten lakh to thirty five lakh rupees.

    3. What are the age criteria for business loan RBL Bank?
    4. The minimum age of the applicant must be 27 years at the time of sanctioning of the loan and maximum 65 years when the loan is matured.

    5. What is the Documentation required for RBL Business Loan?

    You will require PAN Card if you fall in the category of Individuals, Companies and Partnership Firms. You will also need Proof of Identity- Driving License, Voter ID, or Aadhaar Card or Passport.

Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of RBL Bank.

RBL Bank Business Loan Review

Business Loan
star star star star star 15.0/5
Recently RBL bank approved my Business Loan. They gave a good response and all terms and conditions were suited to my needs.
Mumbai August 19, 2019
Business Loan
star star star star star 14.0/5
As I was holding a savings account with RBL bank they gave me Business Loan for which the entire documentation process was very less. It was a quick disbursement procedure.
Mumbai August 18, 2019
Business Loan
star star star star star 15.0/5
Taking Business Loan in Gujrat by RBL bank through online portal of loanbaba was after all not a bad idea. This way I could communicate with the RBL without having to come over to their branch. All by documentation was sorted and I got the loan in decent time.
Mumbai August 18, 2019
Business Loan
star star star star star 13.0/5
The RBL bank has disbursed the loan amount required and I am satisfied with it. The interest rate and the charges are average.
Mumbai August 18, 2019

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