RBL Bank

RBL Bank

RBL Bank was previously known as Ratnakar Bank Limited. It is a private schedules commercial bank that was founde3d in the year 1943 and is head1quartered in Kolhapur, Maharashtra, India. It provides financial and banking products and services to the customers with employee strength of over 2798 employees. The bank has a wide spread network of over 193 bank-branches operating in more than 362 ATMs spread across a total of 13 Indian states.
 

IFSC Code
 

An acronym of Indian Financial System Code, this code is allotted to every branch of the bank. The IFSC code is unique and distinguishes each branch from the other which may be required for money transfers when done online. For RBL bank, the IFSC code for Ahmedabad branch, Gujarat, India is RATN0000065 whereas the IFSC code Chennai branch, Tamil Nadu, India is RATN0000113.

Types of RBL Bank Credit Cards

RBL Bank issues a wide variety of Credit Cards that cater to the requirements of its consumers. These cards satisfy all the customer’s needs be it travel or lifestyle at very competitive interest rates. The different types of credit cards offered by RBL Bank are given below:
 

  • IGU NHS Golf World Card
  • Platinum Maxima Card
  • Platinum Delight Credit Card
  • Platinum Cricket Credit Card
  • Titanium Delight Card
  • Insignia Preferred Banking World Card

RBL Bank Credit Card Statement

Whenever you use a credit card, you would like to know the transactions in date-wise order, a list which is generated by bank in respect of your credit card and sent to you every month. The statement shows the expenses made using the card and the outstanding balance which should be paid before a stipulated date to avoid penalty.

RBL Bank Interest Rates on Savings Account

Savings accounts of different types are offered by the bank to meet different needs of individuals like:
 

  • Advantage savings account
  • Prime edge savings account
  • Executive salary account
  • Prime savings account

These savings account schemes earn a comparatively higher rate of interest at 7.1% p.a.

RBL Bank Fixed Deposits

Fixed deposit schemes are also available with the bank for those who want a higher return than their savings accounts. These deposits provide interest earning which is directly linked to the deposit tenure. The rates are:
 

  • Regular Fixed Deposit:
  • Tax Savings Fixed Deposits:
  • Senior Citizen Fixed Deposit:
  • Recurring Deposit:
  • Flexi-Sure Fixed Deposit:
Interest Rates of Fixed Deposit Accounts:
 
  • Deposits made for a period of 7 days to 364 days are called short-term deposits for which the rate ranges between 5.00% p.a. to 7.50% p.a.
  • Deposits above 1 year earn a higher interest rate in the range of 7.75% p.a.
  • Senior citizens get a benefit of 0.50% higher interest rate on their deposits.

RBL Bank Loans

RBL Bank offers a wide range of loan products that cater to all the needs and requirements of the consumers. These loans match the needs of the customers perfectly. These loans are offered at attractive rate of interest with flexible pay back options. The various loan types offered by RBL Bank are as follows:
 

  • Loan against property
  • Home loans
  • Overdraft against property
  • Loan against gold
  • Business loan
  • Personal loan
  • Car loan
RBL Bank Home Loans

Loans for the purpose of buying a home are offered by the bank which has the following features and benefits:
 
  • Home loans offered to only Indian residents
  • Home loans offered to salaried individuals and self-employed individuals and professionals
  • Loan tenure of up to 25 years
  • Loan amount of up to Rs. 10 crore offered
  • Loans are approved faster
  • Simple documentation procedure involved
  • Home loans at a comprehensive rate of interest

RBL Bank NRI Banking

Banking solutions are available for NRI customers in the form of:
 

  • Prime Savings NRE Accounts:
This account enables NRIs to manage the overseas earnings in India without tax payment. It can be maintained in Indian Rupees and the fund is fully repatriable. The interest on this account is not taxable in India and local payments can also be made. It also involves transfer of funds from another NRE account.
 
  • Prime Savings NRO Accounts:
This account enables the NRIs to manage their Indian Rupee earnings in India. In this account the interest is taxable in India and local payments can also be made. The accounts are denominated in Indian Rupee and can be jointly opened with an Indian or NRI. The interest earned in this account is fully repatriable after getting deducted of all the applicable taxes.

RBL Bank Internet Banking

Banking transaction which are done online using the internet are called internet banking and the bank provides various services on the online platform like:
 

  • Banking services available 24/7
  • Account balance can be viewed
  • Statement of accounts can be viewed
  • DD requests can be sent online
  • Online shopping can be done
  • Utility bills can be paid
  • Payment of taxes
  • Transfer of funds is possible
Get Free Credit Report