RBL Bank was founded and established as a scheduled commercial bank in August 1943 in Mumbai. It is one of the oldest private sector banks in India. Since its incorporation, the bank is best known for offering a range of financial products and services under six business verticals: Commercial banking, branch & business banking, corporate & institutional banking, development banking & financial inclusion, agri business banking, and treasury & financial markets operations.
Today, RBL bank is recognized as one of the fastest growing private sector banks in India with an expanding presence across the country through a wide network of 256 branches and 288 ATMs within 20 Indian states and Union territories.
RBL home loan is an easy and convenient financial solution that lets you buy your dream home or property. The bank offers housing loans at attractive lower interest rates. The organization understands the basic need of owing a house or property; and thus, it brings affordable home loan schemes for every social class.
Features of RBL Bank home loan:
- RBL Home loan offers loan quantum for maximum up to Rs.10 crores
- Minimum paper formality required
- Flexible RBL bank loan tenure ranging from 1 year to 25 years
- Affordable and customized home loan schemes for every income class having account with RBL bank and maintain minimum balance criteria in a linked account
- Fast loan approval process and quick loan amount disbursal
- Applicants can add co-applicant to the home loan to increase the eligibility of the loan
Purpose of the home loan:
Apply for the loan at https://www.applykaroo.com/loans/rbl-bank-home-loan to meet any of the following objective or purpose:
- purchase of a plot of land and construction of house (both) thereon
- purchase of a new flat or house or the construction of a house or flat
- purchase of an existing (old) house or flat or for the extension of an existing house
- furnishings/consumer durables
- purchase of a plot only
- repair or renovation of an existing house or flat
RBL Bank Home Loan apply online
Individuals can apply for RBL home loan to enjoy affordable features and competitive interest rates. Of course, financial sources are the biggest hurdle to buy your own house, for that reason, the bank aims at providing easy financial solution to purchase your dream house or property. However, there are certain eligibility criteria which every applicant is required to meet:
- Minimum age of an applicant must be 24 years, but, not more than 60 years
- Minimum work experience of 1 year with the current employer or in the same business
- Minimum annual income of Rs.12 lakhs