RBL Bank Car Loan Interest Rates

Interest Rate	10.35% to 10.85%
Loan Processing Charges	1% of the loan amount
Issue of Duplicate Interest and Principal Certificate	Rs 250
Cheque Bounce Charges	Rs 250
Loan Foreclosure charges	If the car loan is closed before 12 months, then the charges would be 5% of the outstanding principal amount. After a 12-month period, a charge of 3% would be levied.
Late Payment Charges	2% additional interest on the overdue amount every month
Prepayment before 6 months	No charges levied.
NOC issuance charges	Rs 250
Cheque swapping charges	Rs 250
Charges for issuing CIBIL report	Rs 50
Loan Tenure	12 to 60 months
Quantum of Loan	Up to 90% of the car value

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