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

RBL Bank Personal Loan in Hyderabad

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

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 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 NameComplete AddressIFSCMICRContact Number
HyderabadThe Ratnakar Bank Ltd, D No, 6-3-865, Ground Floor, My Home Jupally, Opp Green Park, Green Lands, Amarpet, Hyderabad - 500016RATN0000112 500176002040-42212208, 09, 10

  • 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%