12/07/2019 Financial & Legal Services
RBL Bank offers salaried customers, with a minimum monthly income of Rs.25,000, personal loans between Rs.1 lakh and Rs.20 lakh at interest rates as low as 14.50% to 23% p.a. Customers can choose a flexible tenure between 1-5 years and are charged a processing fee of 3% of the loan amount by RBL Bank. To be eligible to apply for the loan, customers need to be a minimum of 25 years old and a maximum of 60 years old. RBL Bank personal loan can be raised through various institution with less documentation.