Know Hassle-Free RBL Bank Personal Loan EMI Calculator Procedure

Personal Loan

Do you ever think, how can we fulfill personal desires? Simple you can take financial support from the bank without any hurdles. If you want RBL bank personal loan for higher education, travel, trip, wedding, home renovation, etc. So with the minimal documentation, you will get approval.

RBL is the oldest bank in private sector that’s why it’s trustworthy financial organization. Moreover, whenever you want an extra fund for any personal work, so apply and utilize it. They can provide the end number of privileges such as shopping, dining, traveling, and more.

We want to know hassle-free RBL bank personal loan EMI calculator process, so that can use and know the exact payable amount calculation. It’s free to use and also a magical tool. Open the official site of EMI calculator and start filling few details such as tenure, interest rate, and amount. After your submission, within a second the exact monthly payable amount can reflect on screen.

There is one more beneficial field you can check the report until not satisfied. You can put the report again an again and check.

Who Can Apply For A RBL Bank Personal loan?

To drop an application request is simple. You have to visit the official site, fill personal-professional information, upload KYC with a recent passport size photograph, share registered email ID or mobile number. After submission, it will take 2 to 3 weeks to receive the product on postal address.

Before you can apply, should check eligibility criteria. It’s a mandated part. Let’s check out below points.

Eligibility Factor For A RBL Bank Personal Loan

  • Minimum age should be 25 years
  • Maximum age should be 60 years
  • Minimum net monthly income should be Rs 25,000 per month
  • Three years of total work experience
  • In current profile minimum one years

KYC Factor For A RBL Bank Personal Loan

  • Identity proof: A copy of voter ID, passport, and any governmental photo ID
  • Address proof: A copy of Aadhaar card, recent electricity bill, and driving license
  • Relationship proof if required
  • A recent passport size photograph
  • Latest six months salary credit bank statement
  • Latest two months salary slip and form 16 issued by employment

These are the key factors when you are going to apply for an RBL bank personal loan EMI calculator. You can also get other advantages such as attractive low-interest rate, no security, monthly repayment option, quick documentation, and convenience doorstep service.

What Is The Interest Rate Of RBL Bank Personal Loan?

Are you willing to avail a personal loan from the reputed bank and that comes to you at a lowest-interest rate? So here is your best option, that is RBL bank. You can get it with the attractive interest rate, affordable EMIs that help in reducing loan burden.

The RBL bank interest rate starts from 13.00% to 18.00% with Rs 1 lakh to Rs 20 lakh loan amount for 12 months to 60 months. You can also know processing fee rate, 2% to 2.5% of the loan amount and pre-closure charge 3% to 5%. It’s a mandatory factor, you should know it for own betterment.