Home Loan Interest Rates 20201061 views
- RBL Bank Home Loan Interest Rates on your fingetips
- Should you transfer your remaining home loan portion to RBL Bank? Answer is here
So you want to take your banking relationship with RBL Bank to the next level by applying for a home loan? The one thing that you are searching upon is the interest rate that the private lender charges on a home loan, right? Well, the article will give you an answer. So, read…
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Table of Contents
RBL Bank Home Loan Interest Rates July 2020
|Home Loan Interest Rate||9.90% - 11.25%|
|Loan Amount||Up to INR 10 Crores|
|Loan Tenure||Up to 25 Years|
|Processing Fee||INR 5,000 - INR 15,000|
RBL Bank Home Loan Balance Transfer Rates
If you are already paying the home loan EMIs somewhere else and that too at a higher interest rate than RBL Bank, you better switch the portfolio to the latter and enjoy a run of lower EMIs, which will reduce your interest liability.
How to Apply for RBL Bank Home Loan?
Now that your quest for interest rate related information is over, it’s time to know the ways by which you can apply for a home loan. You just need to visit the official website of RBL Bank and click on ‘Apply Now’. Then, a page titled ‘Loan Application form’ will appear on the screen. Within that form, you need to select ‘Home Loan’ in the list of products and share a few personal and professional details before submitting the application. The bank will then send a team of executives for legal and technical verification of the property. After checking the age and condition of the property, the market value of the property will be ascertained. The bank will thus disburse a loan amount equivalent to a certain percentage of the market value.