Apply RBL Bank Home Loan online easily by following few steps and get approval within few minutes. Get Interest Rates ✔ Processing Fee ✔ Documentation ✔ Eligibility Criteria ✔ Schemes and Offers ✔ EMI ✔ Customer Care Numbers ✔ Branch Addresses ✔ and other details about RBL Bank Home Loan.

RBL Bank Home Loan Purpose : RBL Home Loan can be used for Purchase / Construction / Renovation / Repairs / Extensions / furnishing of house and flat / land purchase and construction thereon.

RBL Bank Home Loan Interest Rates

Interest Rates  10.35% onwards
Processing Fee  Rs. 5000/- onwards
Loan Tenure Upto 25 years
Loan Amount Limit Upto Rs. 10 Crores
Prepayment Charges  Nil
EMI at 1 Lakh for 25 Years  Rs. 933/-
Customer Care Number  1800 123 8040

Eligibility Criteria For RBL Bank Home Loan

Age Limit Minimum age 24 years to maximum age 65 years
Income Criteria Minimum net income of Rs. 120,000 per annum
For Salaried Work Experience of minimum 1 year at current job and 2 years of total experience
For Self-Employed Business continuity of last three years in the same field.

Documents Required For RBL Bank Home Loan

For Salaried
Application Form Application form with all required details filled in.
Photograph 2-3 Passport size photographs
Proof Of Identity Pan Card, Voters ID Card, Passport.
Proof Of Address Utility bills, ration card, passport.
Income Proof Last 2 years Income tax returns or Latest 3 month salary slip or Latest Form 16 issued by the employer.
Banking Last 6 months salaried bank statements
For Self-Employed
Application Form Application form with all required details filled in.
Photograph 2-3 Passport size photographs
Proof Of Identity Pan Card, Voters ID Card, Passport.
Proof Of Address Utility bills, ration card, passport.
Income Proof Latest audited ITR and financials for the last 2 years, Balance Sheet, Profit & Loss A/c.
Banking Bank statements from the borrower’s main account/s for last 6 months and 3 months of all other bank accounts
Qualification Certificate Professional Qualification Certificate and Degree Certificate for professionals.(In case of Self-Employed Professionals)

RBL Bank Home Loan EMI Calculator

For making our users experience better we can show some pre-calculated example below

Loan Amount Interest Rate EMI @ 10 Years EMI @ 20 Years EMI @ 25 Years
5 lakh 10.35% Rs. 6,705 Rs. 4,942 Rs. 4,667
6 lakh 10.35% Rs. 8,046 Rs. 5,930 Rs. 5,601
7 lakh 10.35% Rs. 9,387 Rs. 6,918 Rs. 6,534
8 lakh 10.35% Rs. 10,728 Rs. 7,907 Rs. 7,468
9 lakh 10.35% Rs. 12,069 Rs. 8,895 Rs. 8,401
10 lakh 10.35% Rs. 13,410 Rs. 9,883 Rs. 9,335
11 lakh 10.35% Rs. 14,751 Rs. 10,872 Rs. 10,268
12 lakh 10.35% Rs. 16,092 Rs. 11,860 Rs. 11,202
13 lakh 10.35% Rs. 17,433 Rs. 12,848 Rs. 12,135
14 lakh 10.35% Rs. 18,774 Rs. 13,837 Rs. 13,069
15 lakh 10.35% Rs. 20,114 Rs. 14,825 Rs. 14,002
16 lakh 10.35% Rs. 21,455 Rs. 15,813 Rs. 14,936
17 lakh 10.35% Rs. 22,796 Rs. 16,802 Rs. 15,869
18 lakh 10.35% Rs. 24,137 Rs. 17,790 Rs. 16,803
19 lakh 10.35% Rs. 25,478 Rs. 18,778 Rs. 17,736
20 lakh 10.35% Rs. 26,819 Rs. 19,766 Rs. 18,670
21 lakh 10.35% Rs. 28,160 Rs. 20,755 Rs. 19,603
22 lakh 10.35% Rs. 29,501 Rs. 21,743 Rs. 20,537
23 lakh 10.35% Rs. 30,842 Rs. 22,731 Rs. 21,470
24 lakh 10.35% Rs. 32,183 Rs. 23,720 Rs. 22,404
25 lakh 10.35% Rs. 33,524 Rs. 24,708 Rs. 23,337
26 lakh 10.35% Rs. 34,865 Rs. 25,696 Rs. 24,271
27 lakh 10.35% Rs. 36,206 Rs. 26,685 Rs. 25,204
28 lakh 10.35% Rs. 37,547 Rs. 27,673 Rs. 26,138
29 lakh 10.35% Rs. 38,888 Rs. 28,661 Rs. 27,071
30 lakh 10.35% Rs. 4,229 Rs. 29,650 Rs. 28,005

RBL Bank Home Loan amount depends on applicant’s income/salary, because as per policy a person can pay 50% to 60% (depends on bank to bank) total amount of monthly income in the form of EMIs.

RBL Bank Home Loan Eligibility Calculator

Lets take an example : If applicant is getting Rs. 20,000/- per month then he or she is eligible to pay the total EMIs of Rs. 10,000/- to Rs. 12,000/- of EMI from his or her monthly income. If applicant has already personal loan and bike loan running and pays EMI of Rs. 4,000/- and Rs. 1500/- respectively per month, therefore the total deduction is Rs. 5500/- per month from income. Then the applicant is capable to pay the EMI of Rs. 4500/- or Rs. 6500/- only. The loan amount and eligibility depends on the few factors.
Eligibility Calculation = (50% – 60% of total income) – (if any other loans/EMIs/Policies)

Some Factors That Bank Checks During Loan Approval :

1. Remaining previous loan amount
2. EMIs/Policies
3. Some other expenses

How to Apply for RBL Bank Home Loan Applying for a Home Loan online is simple.

It just takes 4 simple steps to get an instant Home Loan approval!
Step 1: Click here to go our online form. Fill-in all the details and submit the form at sbiloanrates.com
Step 2: Get an instant quote on loan amount and eligibility. Select your required loan amount and tenure.
Step 3: Our representative will get in touch with you for document collection and other formalities.
Step 4: Loan sanctioned and Money will be credited to your account within 72 working hours after disbursal!

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RBL Home Loan Interest Rates – Feb 2019, EMI Eligibility Calculator
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