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RBL Bank Home Loan in Hyderabad

RBL Bank Home Loan in Hyderabad

Last Updated : May 5, 2018, 4:32 p.m.

About RBL Bank Home Loan Hyderabad

Hyderabad is a beautiful city to live in and if you have not yet bought a home for yourself, apply now at RBL Bank. The home loan offered by RBL Bank in Hyderabad is available at one of the lowest interest rates on home loans in India. You can get instant approval for your loan if you have the documentation checklist matched along with the eligibility. This loan is for both salaried as well as self-employed individuals so check eligibility now and apply for it at your nearest Hyderabad branch.

RBL Bank Home Loan in Hyderabad at a Glance

ParticularsDetails
Interest Rate9.10% - 11.55%
Loan amount₹10 Crores
TenureUp to 25 years
Processing Fee0 to upto ₹25 lac - ₹5000/- ₹25 - upto ₹75 Lac - ₹10000/- ₹75 Lac and above - ₹15000/- (fixed amount) In all cases given above, Non-refundable fee of ₹5000/- Upfront. Rest at the time of disbursal

Eligibility Criteria

The eligibility criteria to apply for a home loan or housing loan at RBL Bank in Hyderabad is as follows:

  • Minimum net income of ₹ 1,20,000 per annum (₹1,50,000 for self-employed)
  • Minimum age at loan sanction – 24 years. Maximum age at loan maturity – 60 years or superannuation whichever is early (65 for self-employed).
  • Work Experience of minimum 1 year at current job and 2 years of total experience. If current job is less than 1 year, then 3 years of total experience required.

Documents Checklist

The list of documents that an applicant must have at the time of applying for a home loan at RBL Bank is as follows:

  • PAN Card – For Individual / Partnership Firm/Company
  • Identity Proof – (Voter ID / Driving License/Passport)
  • Address Proof – (Voter ID/Driving License/Passport/Telephone Bill/Electricity Bill/Registered Lease Deed or Sale Agreement/Bank Statement)
  • Business Continuity Proof – Any 5 documents (Bank Statement/Sales Tax Challans / IT Returns / Shops & Est. Certificate / COI / Partnership Deed)
  • Passport Size Photographs
  • Any other valid Photo ID card issued by central or state government
  • Income Proof
  • Bank statements

For more information, read Home Loan Hyderabad

Address of RBL Bank Branches in Hyderabad

Branch NameComplete AddressIFSCMICRContact Number
HyderabadThe Ratnakar Bank Ltd, D No, 6-3-865, Ground Floor, My Home Jupally, Opp Green Park, Green Lands, Amarpet, Hyderabad - 500016RATN0000112500176002040-42212208, 09, 10

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