RBL Bank Personal Loan Interest Rates

Salaried Self-Employed
Interest rate 14.5% p.a. to 23% p.a. 14.5% p.a. to 23% p.a.
Loan Amount Minimum: Rs.1 lakh Maximum: Rs.20 lakh Maximum: Rs.10 lakh Maximum: Rs.35 lakh
Loan Tenure Minimum: 12 months Maximum: 60 months Minimum: 12 months Maximum: 36 months
Lowest EMI Rs.2,353 per month (calculated for the lowest amount taken for the longest tenure on offer at the lowest rate of interest) Rs.34,421 per month (calculated for the lowest amount taken for the longest tenure on offer at the lowest rate of interest)
Processing Fee 1.5% of the loan amount subject to a minimum of Rs.7,500 (Non-refundable fee of Rs.5000 upfront. Rest at the time of disbursal) 1.5% of the loan amount subject to a minimum of Rs.7,500 (Non-refundable fee of Rs.5000 upfront. Rest at the time of disbursal)
Prepayment Charges No charge Up to 15% of the outstanding principal amount within 12 months: No charge. Above 15% of outstanding principal: 2% of amount paid + service tax and other applicable charges.
Foreclosure Charges No charge 3% on outstanding principal amount + service tax and other applicable charges