RBL Bank Personal Loan Bengaluru - Eligibility, Rates March 2024, EMI, IFSC

RBL Bank Personal Loan in Bengaluru

About RBL Bank Personal Loan Bengaluru

Personal loans are multi-purpose loans wherein you get the option to use the fund for any legitimate purpose. If you are looking for funds in Bengaluru, RBL Bank can really prove to be the best option as the interest rates are one of the lowest interest rates on personal loans along with the flexible tenure option. As a result, you can choose longer tenure and pay EMI on your loan. To apply now, check documentation required for this loan at Bengaluru branch.

RBL Bank Personal Loan in Bengaluru at a Glance

ParticularsDetails
Interest Rate14.00% - 23.00%
Loan amountUp to ₹20 lakhs
TenureUp to 5 years
Processing Fee3% of Loan amount Charges for late payment of EMI 2% additional interest per month on overdue EMI

Eligibility Criteria

The eligibility criteria to apply for a personal loan at RBL Bank in Bengaluru is as follows:

  • Minimum net monthly income of ₹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.

Documents Required

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

  • PAN Card – For Individual
  • Identity Proof – Any one (Voter ID / Driving License / Passport)
  • Address Proof – Any one (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
  • Income Proof
  • Bank statements

For more information, read Personal Loan Bengaluru

Address of RBL Bank Branches in Bengaluru

Branch NameComplete AddressIFSCMICRContact Number
Bangalore197, 6th Cross, Gandhinagar, Bangalore 560009RATN0000057560176002080-22281060
Koramangala BangaloreNo. 631, 3rd Cross, 3rd Block, 100 Feet Road, Koramangala Bangalore - 560 034RATN0000091560176003080 22267150
RamnagaraThe Ratnakar Bank Ltd, Katha No 169 / 1789 /1736 / & 170 / 1781 / 1737 North Layout 1St Stage, B M Road Ramanagaram - 571511RATN00001105711765529900576962
DodballarpurThe Ratnakar Bank Ltd, Khata No 1762 / 66, Ward No 4, D Cross Main Road, DOD Ballarpur, Karnataka - 561203RATN00001015601760049900576962
Bangalore-Prestige TowersThe Ratnakar Bank Ltd, G-13, G-14, G-15 & G-17 Prestige Towers, 99 & 100 Residency Road, Bangalore 560025RATN00001565601760059833666862
J P Nagar - BangaloreRbl Bank Ltd., N 15 24th Main, J P Nagar, 1st Phase, Bangalore - 560078.RATN00001955601760061800123804

  • Personal Loan Interest Rates March 2024
    HDFC Bank10.75% - 14.50%
    ICICI Bank10.75% - 19.00%
    IndusInd Bank10.25% - 26.00%
    Kotak Bank10.99%
    RBL14.00% - 23.00%
    SMFG India Credit12.00% - 24.00%
    Standard Chartered Bank11.49%
    Tata Capital10.50% - 24.00%