RBL Bank Home Loan in Mumbai

About RBL Bank Home Loan Mumbai

If you are planning to buy a home in Mumbai but the cost of the house is out of your budget, get a home loan from RBL Bank. This loan is available at one of the lowest interest rates and hence at low EMI facility. To apply for a home loan at RBL Bank, you can check eligibility now and documentation needed to apply for this loan. It is time for you to shift to your own house so apply now at your nearest bank branch. Have a look at the loan details, eligibility criteria and documents checklist and other important details.

RBL Bank Home Loan in Mumbai at a Glance

ParticularsDetails
Interest Rate10.35% - 11.70%
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 Mumbai 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 documentation required by 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 Mumbai

Address of RBL Bank Branches in Mumbai

Branch NameComplete AddressIFSCMICRContact Number
Girgaum - MumbaiRajendra Mansion, Jagannath Shankarshet Road, Girgaum Mumbai-400004RATN0000013400176002022-23802033
Kandivli - MumbaiShri Building, 295, Shantinath Modi Road. Opp. Sindhi Colony Kandivli (W) Mumbai-400067RATN0000053400176003022-28074824
ThaneLaxmi Market, Pokharan Road No 1, Near Vartak Nagar, Thane WestRATN0000058400176004NA
Boriwali - MumbaiShop - 2 Shroff Arcade, Sodawala Lane, Near Thakare Theatre, Boriwali (W), Mumbai - 400092RATN0000062400176005022-28918502
Vile Parle - Mumbai6, Ground Floor, Galaxy Arcade, 10, M.G.Road, VileparleRATN0000068400176007022-26136355
Fort - Mumbai7, Rahimtullah House, Homji Street, Horniman Circle, Fort Mumbai 400001RATN00000FT400176009022-22703639
Lower ParelIndiabulls Center, Tower 2, 3Rd Floor, 841, Senapati Bapat Marg, Mumbai - 400013RATN0000088400176016022 22703638
Corporate Office (IB Branch)One Indiabulls Centre, Tower 2, 6th Floor, Senapati Bapat Marg, Lower Parel (W), Mumbai 400 013RATN0000992NON-MICR91-22-43020669
FortRahimtullah House, Homji Street, Horniman Circle, Fort Mumbai 400001RATN0000070400176009022-22703639
Vashi, Navi MumbaiThe Ratnakar Bank Ltd, Arti Chs Ltd, Plot 29, Sector 2, Vashi, Navi Mumbai, Maharashtra - 400 705RATN0000102400176022022-43020600
BadlapurThe Ratnakar Bank Ltd, Nisargapratiksha Apartment, Old Katrap Road, Badlapur (East), Taluka Ambernath , District Thane, Maharashtra, Pincode 421503RATN0000103400176021022-43020600
Corporate OfficeOne India Bulls Centre, 841 6th Floor, Tower B Wing, Lower ParelRATN0000990NON-MICR022-43020600
Service Branch MumbaiThe Ratnakar Bank Ltd Service Branch 19 J B House, R D Street , Fort MumbaiRATN0000991400176001022-22655820
Dadar-MumbaiThe Ratnakar Bank Ltd, Plot No-399, Gokhale Road South , Opp Bmc School, Dadar West Mumbai-400028RATN000018440017602543020600
The Ratnakar Bank LtdThe Ratnakar Bank Ltd, 9th Floor, Techniplex-I, Off Veer Savarkar Flyover, Goregaon West, Mumbai-400062RATN0123456NON-MICR240288100
Ghatkopar EastShop No. 13 And 13A, Zest Business Spaces, M G Road, Ghatkopar East, Mumbai 400077RATN000018840017602625011752

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