Tag Archives: ratnakar bank personal loan eligibility

Ratnakar Bank LTD ( RBL) Personal Loan, Interest Rate and EMI Calculator November 2017

(Updated on 23.11.17) RBL Bank Personal Loan EMI Calculator November 2017Get Instant Quick & Easy Approval on Personal Loan of RBL Bank. Loansninsurances.com provides a simple tool to calculate your Personal Loan ✓ Eligibility ✓ Monthly EMI ✓ Loan Amount ✓ ROI ✓ Principal Amount ✓ Total Interest & more online.

RBL Bank Personal Loan QUICK, EASY & INSTANT APPROVAL ONLINE

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Loan Amount
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Disclaimer: We do not provide Personal Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

RBL Personal Loan

RBL Bank, one of the most popular banks in the country, provides enticing Personal Loan for all individuals’ diverse financial needs at their time of financial emergencies. RBL Personal Loan can be availed for any genuine personal credit requirement at an extensive competitive rate of interest with a hassle free loan amount disbursement. Check out your Personal Loan Eligibility with RBL Personal Loan Eligibility Calculator and get a quick approval of your personal loan.

Own your dream home without delays through RBL Bank Home Loans with easy documentation and fast processing of application.

RBL Personal Loan Interest Rate

Interest Rate 14.50 % to 23%
Processing fee range 1.5% of loan amount (Minimum Processing Fee of Rs.7500/)
Loan Amount Loan amount from Rs.1 Lakh up to Rs.20 Lakhs
Tenure 12 months to 60 months

RBL Personal Loan EMI Calculator

RBL Bank Personal Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Personal loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

RBL Personal Loan Eligibility

  • Salaried Individuals

  • Minimum net monthly income of Rs. 25,000 per month

  • Minimum age at loan sanction – 25 years. Maximum age at loan maturity – lower of 60 years or retirement age.

  • Work Experience of minimum 1 year at current employment and 3 years of total employment experience.

RBL Personal Loan Documents Required
  • PAN Card – For Individual

  • Identity Proof – Any one (e.g. Voter ID / Driving License / Passport)

  • Address Proof – Any one (e.g. Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement / Bank Statement)

  • Relationship Proof (if required)

  • Passport Size Photographs

  • Any other valid Photo ID card issued by central or state government

  • Latest 6 months Salary credit Bank Statements

  • Latest 2 months pay slips and Form 16 issued by the employer.

  • Income documents of salaried spouse (in case of clubbing of income)

RBL Bank Personal Loan Prepayments: Minimum prepayment charges will be levied.

Latest News on RBL

1) RBL Bank opened ‘All Women Branch in Chennai. The branch started operating from 17th November, 2017. This is the initiative taken by RBL Bank to promote Gender equality. The branch is at R A Puram, Chennai, Which will be managed by eight women. It is full-service branch that will offer a range of services and products.

RBL Bank Personal Loan FAQs

Q1) What is the maximum loan tenure of RBL personal loan?

The maximum loan tenure of RBL personal loan is 60 months.

Q2) Can an applicant choose between fixed or floating interest rate?

Yes, an applicant has the option to avail RBL personal loan with either a fixed interest rate or floating rate.

Q3) Does the borrower has the option to prepay the loan amount?

Yes, the borrower has the option to prepay RBL personal loan amount without any prepayment penalty.

Q4) Do an applicant needs to provide security to apply for RBL personal loan?

No security is required to apply for RBL personal loan.