About RBL Bank Personal Loan Hyderabad
Getting an affordable personal loan in Hyderabad is now so easy with the option of RBL Bank. The lower interest rate on the personal loan scheme will let you manage your financial responsibilities without digging a hole in your pocket. The facility of a flexible tenure results in a low EMI option which make it easier for the borrower to pay the loan without any hassle. So, to enjoy all these facilities apply for a personal loan at your nearest RBL Bank branch. You can check eligibility now and the documents needed to apply for this loan so as to get instant approval.
RBL Bank Personal Loan in Hyderabad at a Glance
| Particulars | Details |
|---|---|
| Interest Rate | 17.50% - 26.00% |
| Loan amount | Up to ₹20 lakhs |
| Tenure | Up to 5 years |
| Processing Fee | 3% 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 Hyderabad 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.
Documentation 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 Hyderabad
Address of RBL Bank Branches in Hyderabad
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Hyderabad | The Ratnakar Bank Ltd, D No, 6-3-865, Ground Floor, My Home Jupally, Opp Green Park, Green Lands, Amarpet, Hyderabad - 500016 | RATN0000112 | 500176002 | 040-42212208, 09, 10 |