RBL Bank Personal Loan Interest rates in Hyderabad
Up To 1,000,00 | Up To 10,000,00 | |
---|---|---|
Others | 16.00% | 16.00% |
Super CAT A | 13.99% | 13.99% |
Features of RBL Bank Personal Loan Hyderabad
Type | Features |
---|---|
Processing Fee | Upto 2.0% |
Pre Closure Charges | Upto 3.0% |
Part Payment Charges | Allowed |
Min Tenure | 1 Years |
Max Tenure | 5 Years |
Min Age | 23 Years |
Max Age | 60 Years |
Min Loan Amount | Rs.1,00,000/- |
Max Loan Amount | Rs.20,00,000/- |
RBL Bank Personal Loan Hyderabad Charges
Type | Charges |
---|
Documentation For Personal Loan
For Salaried Persons
- Filled Application form
- Identity Proof (PAN CARD)
- Address Proof
- Latest 3 months Payslips
- Job Continuity Proof
- 2 Passport Size colour Photographs
- Co-Applicant identity proof, Address Proof
- Co-Applicant relationship Proof and Photograph
- 6 months Bank Statements
- 3 Post Dated Cheques/ECS Mandate
- Property Related documents
For Self Employed/Professionals
- Filled Application form
- Identity Proof
- Address Proof
- Last 2 years Income Tax Returns
- Professional/Self employed existence proof for more than 3 years
- 2 Passport Size colour Photographs
- Co-Applicant identity proof, Address Proof
- Co-Applicant relationship Proof and Photograph
- 6 months Bank Statements
- 3 Post Dated Cheques/ECS Mandate
- Property Related documents
Identity Proof For Personal Loan
- Passport
- Driving License
- PAN card
- Photo credit card (with embossed Signature and last two months statement)
- Banker's sign verification
Age Proof For Personal Loan
- PAN Card
- Passport
- License
- School leaving certificate
- Voter card
- Birth Certificate
- LIC policy (only for age Proof)
Income Proof For Personal Loan
- Latest salary slip
- Current dated salary Certificate with latest form 16.
- Latest year IT Returns with Tax Audit reports(For Self Employed applicants)
Address Proof For Personal Loan
- Latest salary slip
- Current dated salary Certificate with latest form 16.
- Latest year IT Returns with Tax Audit reports(For Self Employed applicants)
Job Continuity Proof For Personal Loan
- Form 16
- Relieving letter
- Appointment Letter (for last two months)
- Last 6 months of VAT/Service Tax returns (For Self Employed Applicants)
Banking History For Personal Loan
- Bank statements of latest 2 months
- 3 months bank passbook
RBL Bank Personal Loan FAQ's
How much loan amount can I borrow in a Personal Loan?
You can borrow loan amount from Rs. 1 Lakh to Rs.20 Lakhs depending on your eligibility basis the financial documents submitted, repayment capacity and loan amount limit in your respective location.
For how many months can I borrow a Personal Loan?
RBL Bank offer convenient repayment options from 12 to 60 months. Tenor offered will be at the sole discretion of RBL Bank.
How will I repay my Personal Loan?
RBL bank offer Personal Loan as a term loan which can be repaid in easy EMIs (Equated Monthly Installments). EMI can be paid through ECS facility, Standing Instruction to debit your RBL Bank account or though Post Dated Cheques with your EMIamount. EMI amount can be calculated using ‘EMI Calculator’.
Can I club my income with others to avail a higher Personal Loan?
Clubbing of income is allowed with salaried spouse. Income of your spouse needs to be regular in nature and should be documented. Spouse income will be considered for clubbing of income as per Policy.
How long will it take for my Personal loan to be approved?
The Bank would update you about the loan decision in approximately 10 working days from the date of receipt of the completed application form with all the required documents.
Is there any security that I need to provide to get a Personal Loan?
RBL Bank offers Personal loan as an unsecured loan and hence you do not need to provide for any Security or Collateral for availing a Personal Loan.
Do I have to pay any Processing Fees or Charges to avail a Personal Loan?
A processing fee of upto 2.5% of the loan amount (plus Service Tax at the prevailing rate) is required to be paid. This fee will be deducted from the Loan amount at the time of the disbursal of your loan.
Is there an option to prepay my Personal Loan earlier? Are there any charges?
No foreclosure is allowed before the loan has completed 6 months. However, you can prepay the Personal Loan after having paid 6 EMIs with applicable foreclosure charges. Foreclosure charges of 5% of the principal outstanding will be charged, if you foreclose the loan before 12 months. Foreclosure charges of 3% of the principal outstanding will be charged post completion of 12 months of the loan however Nil foreclosure charges are applicable if 12 EMIs paid without any bounce and foreclosure is done using Own funds. Loan can be foreclosed by paying the foreclosure amount througha Demand Draft / Cheque at any of the RBL Bank branch. Please refer to the schedule of charges for more details.
Are there any benefits of having a Current/Saving Account with RBL Bank for my Personal loan?
You get the benefit of easier documentation if you have a Current / Savings Account with RBL Bank. You can avail payingyour EMI through Standing Instructions to debit your RBL Bank Account for the loan. This will be taken into consideration at the time of disbursal of the loan.
About RBL Bank
RBL Bank offers specialized services for Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial Markets.
As of March 2016, RBL Bank has grown to a network of 197 branches and 362 ATMs across 13 Indian states"
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Why to Avail Personal Loans?
Expert Advice
Best Practices for Personal Loan
Things not to do for Personal Loan
Factors that affect interest rates on Personal Loan
Personal Loan Advantages and Disadvantages
Personal Loan Advantages:
Personal Loans Disadvantages:
10 Things to Keep in Mind While Taking a Personal Loan
About Hyderabad
Hyderabad city is the capital city of the Indian state of Andhra Pradesh, in the region of Telangana.
The city has an estimated population of around 8 million, making it 4th largest city in India, while the population of the metropolitan area was estimated above 9 million. Religiously and culturally, the city is united with Hindus, Muslims and Christians.
Hyderabad is an emerging information technology (or IT) and biotechnology hub of India. Hyderabad's many epithets include the City of Pearls, the City of Nawabs, the Biryani City and, because of its high-tech draw, Cyberabad.
Hyderabad has witnessed a remarkable growth in the real estate business. A number of mega malls have come up and are being built in the city. The rapid growth of the city, along with the growth of Secunderabad and neighbouring municipalities has resulted in a large metropolitan area.
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Places To Be Visited In Hyderabad
Salar Jung Museum (12 km)
The Salar Jung Museum in Hyderabad has a unique distinction as the third largest museum in India and earned a worldwide fame for its largest one-man collection of antiques. It is a home for the prized collections from different civilizations. The Museum is a royal treat for art collectors with its 43,000 art objects and 50,000 priceless books and manuscripts. The collections range from Indian Art, Middle Eastern Art, European Art, Far Eastern Art, Children Art etc.
Birla Mandir (5 Km)
The sparkling white structure visible through skyline of modern Hyderabad, Birla Mandir is located towards the southern end of Hussain Sagar Lake in Hyderabad situated atop the Kala Pahad which is a twin hillock of Naubat Pahad. The Birlas had built this temple in 1976 with white marbles procured from Rajasthan. The temple is dedicated to Sri Venkateswara. The hillock is at a height of 280-feet situated on a 13-acre plot
Golconda Fort (15 Km)
Golconda was the principal capital of the Qutub Shahi kings and a bustling centre for administration and commerce. This historical monument was constructed in the 1600’s. It was once considered to be home to a vault containing the ‘Hope’ and ‘Kohinoor’ diamonds. The inner fort has ruins of palaces, mosques and a hill top pavilion, which rises to more than 120 meters high and gives a bird’s eye view of other buildings. Golconda fort is undoubtedly one of most magnificent fortress complexes in India and it rests on a granite hill, considered an iconic monument depicting the history of Hyderabad.
Nehru Zoological Garden (24 km)
Established in 1959, Considered to be among the best zoos in Asia, the Nehru Zoological Park is home to more than 1,500 species of birds, animals, and reptiles. The zoo hosts different species such as Indian Rhino, Bengal Tiger, Mynahs, African Elephants, White Peacocks, Chimpanzees,Rhinoceros and Python are some of the attractions that make the place unforgettable.
Charminar (13 km)
Charminar is a monument and a mosque, which is synonymous with the history of Hyderabad, India. The majestic structure was completed in 1591 CE and is not only a landmark building of Hyderabad but also a famous monument of India. A must visit place for anyone who wants to treat his eyes to an architectural masterpiece, the ‘Charminar’ is shrouded by myths regarding the purpose behind its construction.
Hussain Sagar (3 km)
Built by noted Sufi saint, Hazrat Syed Hussain Shah Wali in 1526, this lake is located across an area of 5.7 sq.Km. It receives its water supply from the Musi River. Boasting of some exotic surroundings, Hussain Sagar serves as the ideal location for a tranquilising evening with loved ones.
Lumbini Park (5 km)
Maintained by the Buddha Purnima Project Authority as per the directives issued by the Telangana government is urban park was constructed in 1994. It is a dream come true for those willing to enjoy scenic beauty and that right in the heart of Hyderabad.
Jagannath Temple (10 km)
You can add a spiritual/religious flavor to your trip by visiting the ‘Jagannath Temple’ which is located in the Banjara Hills. A replica of the original temple in Puri, this sacred monument serves as a fitting tribute to the Oriya community in the city.
Falaknuma Palace (16 km)
Equipped with a lavish reception room and a library which has a roof carved from Walnut, the Falaknuma was once private property of the Nizam’s royal family. On the architectural front, it a blend of the Italian and Tudor styles. Interestingly, its last significant guest was Rajendra Prassad who visited the palace in the 1950’s.
Ramoji Film City (55 km)
The brainchild of noted film producer Ramoji Rao, this celebrated facility was certified the world’s largest film studio complex in the world by the Guinness book of world records nearly two decades ago. A host of films have been shot here. A popular tourist attraction, it boasts of some impressive features such as a full-fledged amusement park.