Private Sector BankSalaried Employeesunsecured

RBL Bank Personal Loan

आरबीएल बैंक पर्सनल लोन

RBL Bank personal loan for salaried professionals up to ₹20 Lakhs.

Max Loan Amount

₹50,000 to ₹20,00,000

Interest Rate

11.99% - 22.00% p.a. (risk-grade fixed)

Tenure

12 to 60 months

Processing Fee

Up to 2.50% of loan amount + GST

✦ What It Is: Product Architecture & Regulatory Scope

RBL Bank's retail unsecured personal loan designed for salaried employees of private limited companies, MNCs, and public sector organizations.

What is Missing: Honest MITC Policy Gaps, Hidden Clauses & Extra Charges

Eligo consumer protection notice: Bank brochures, DSA telecallers, and comparison portals rarely disclose these conditions. Read carefully before signing.

• Foreclosure lock-in of 12 full months. • Processing fee of up to 2.50% + GST. • High interest rates up to 22% for lower credit tiers. • Mandatory salary credit account verification.

✦ Key Benefits & Features

• High loan quantum up to ₹20 Lakhs without pledging assets • 100% digital journey on RBL MoBank mobile app • Fast turnaround time with in-principle sanction in minutes • Simplified documentation via Account Aggregator.

✦ Prepayment, Part-Payment & Foreclosure Rules

Prepayment allowed after 12 months with 3% to 4% fee; NIL after 24 months.

✦ Eligibility Requirements

Salaried corporate employees with minimum 1 year total work experience. Min Age: 21, Max Age: 60. Min Net Monthly Salary: ₹25,000. Min CIBIL: 720.

Min Age21 Years

Max Age60 Years

Min Monthly Income₹25,000

Min CIBIL Score720+

✦ Documents Required

• Identity & Address Proof: PAN Card, Aadhaar Card • Employment Proof: Employee ID card, appointment letter • Financial Proof: Last 3 months payslips, latest Form 16 • Bank Statement: Last 6 months bank statement showing salary credits.

✦ Exact How-To-Apply Process (3 Pathways)

Depending on your current relationship with the bank, select the corresponding application journey:

Pathway A

Existing / Pre-Approved Customers

1. Open RBL MoBank App > Loans > Personal Loan. Review pre-approved limit and e-sign.

Pathway B

New Online Applicant (Fresh Digital)

1. Visit rblbank.com > Personal Loans. Submit mobile number, PAN, and link bank statement via Account Aggregator.

Pathway C

Branch Walk-In Application

1. Visit nearest RBL Bank branch with 3 months salary slips, Form 16, and bank statements.

Official Sourcing & MITC Verification

180-Day Re-Verification SLA · Last Verified: 2026-09-28

Eligo does not collect personal loan applications, sell user data to DSA telecallers, or receive affiliate commissions. All terms shown are extracted directly from official bank circulars, Most Important Terms and Conditions (MITC), and Key Fact Statements (KFS) under RBI guidelines.

Visit Official Lender Portal (RBL Bank Official Portal)View Official MITC / Schedule of Charges RBI Key Fact Statement (KFS) Reference

Frequently Asked Questions on RBL Bank Personal Loan

What is the maximum loan limit in RBL Bank?

Up to ₹20 Lakhs depending on your net monthly salary and credit score.

What is the foreclosure charge?

3% to 4% plus GST on the principal outstanding after the initial 12-month lock-in period.

What is the minimum credit score required?

A minimum CIBIL score of 720 is recommended.