About RBL Bank Personal Loan Indore
When it comes to a personal loan, the borrower looks for a lender that can give them a higher loan amount with the facility of a rate that is affordable. One of the best lenders in Indore who can give both these facilities with easy documentation involved is RBL Bank. Yes, the personal loan at RBL Bank gives you a higher loan amount option at an interest rate which is one of the lowest interest rates on personal loans. So, check eligibility now and apply now for a personal loan at your nearest bank branch.
RBL Bank Personal Loan in Indore 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 Indore 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
Below is the documents checklist 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 Indore
Address of RBL Bank Branches in Indore
Branch Name | Complete Address | IFSC | MICR | Contact Number |
---|---|---|---|---|
Indore | The Ratnakar Bank Ltd, Shop No.3, Ground Floor, The Grace, Plot No. 1& 2, Kibe Compound, Indore-452001 | RATN0000164 | NON-MICR | 9833666862 |