Previously called Ratnakar Bank Limited, RBL offers personal loans to salaried individuals at cheaper cost (interest rate). Bank processes this loan quite fast and the customer is free to appropriate funds in any manner he/ she wants to do. There can be numerous reasons for availing a personal loan like marriage, hospital expenses, holidays, educational expenses, etc. RBL features minimal documentation with least turn-around time for disbursement of personal loans to salaried employees.
|RBL Bank Personal Loan Details Updated on 18th January 2020|
|Loan Amount||Rs.100,000 to Rs.2,000,000|
|Loan Tenure||5 Years|
|Interest Rate||13.99% to 16.00%|
The interest rates charged by the bank are competitive and as per MCLR system introduced by RBI from April 1, 2016. Get to know more about personal loan in RBL Bank at our website. We also provide RBL Bank EMI calculator and RBL Bank personal loan eligibility calculator to use, free-of-cost.
If you want RBL Personal Loan, you can apply for it at loanbaba.com, where you get to compare loans from several banks and NBFCs. Check current bank interest today and your loan eligibility, to apply with suitable financial institute for unsecured personal loan in India.
You can check out RBL Bank personal loan eligibility and RBL Bank Personal Loan EMI calculator at loanbaba.com.
Salaried individuals can feel free to apply personal loan from RBL Bank. The features of RBL personal loan are discussed below:
At Loanbaba, you can compare and apply for personal loans online. You can check out several personal 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 Personal Loan online on our website without having to visit the bank 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.
Visit this link- https://www.loanbaba.com/personal-loan/ to apply for RBL Bank personal loan or any other bank/NBFC personal loan at Loanbaba.
Personal Loan RBL Bank interest rate is 14 percent onwards, annually. Keep a check on this page to note the updated interest rate for RBL Bank personal loan.
RBL Bank has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.
Below provided are important questions about personal loan RBL Bank.
There are no collateral or securities required to apply for RBL personal loan, which is an unsecured loan
RBL Personal loan maximum limit is Rs. 20 lakhs. However, the applicant’s repayment capacity and annual income, if sufficient for a better loan amount, then the loan amount can be increased, especially if income of the spouse is clubbed.