RBL Bank Loan Against Property

RBL Bank Loan Against Property Highlights
Interest rates	9.50% p.a. onwards
Loan amount	LAP: Up to Rs 10 crore
	Overdraft: Up to 5 crore
Repayment tenure	LAP: Up to 15 years
	Overdraft: Up to 10 years
LTV Ratio	Up to 80% of property value
Processing fee	1.25% of loan amount + GST

Note: Interest rates as of 25 August 2025

RBL Bank Loan Against Property Interest Rates

Customer Profile	Interest Rate (p.a.)
CMR 1 – 3 or CIBIL >= 740	9.50% to 12.20%
CMR 4 – 6 or CIBIL 700 to 740	9.65% to 12.35%
CMR 7 – 10 or CIBIL < 700	9.75% to 12.45%

RBL Bank offers interest rates for loan against property based on its applicant’s credit score. The final loan against property interest rates offered to the applicants may vary based on the product variant, customer assessment, segment, etc.

Compare LAP Interest Rates of RBL Bank vs Other Lenders

Name of the Lender	Interest Rate (% p.a.)
State Bank of India	9.20-10.50	Apply Now
Bank of Baroda	10.85-18.35	Apply Now
PNB Housing Finance	9.25-15.00	Apply Now
IDFC First Bank	9.00-16.50	Apply Now
HDFC Bank Limited	9.50-11.00	Apply Now
L&T Housing Finance	9.50 onwards	Apply Now
LIC Housing Finance	9.50-11.55	Apply Now
Godrej Housing Finance	9.75 onwards	Apply Now
ICICI Bank	10.85-12.50	Apply Now
Tata Capital	9.00 onwards	Apply Now
Axis Bank	10.50-10.95	Apply Now
Punjab National Bank	10.15-14.00	Apply Now

RBL Bank Loan Against Property Fees and Charges

Processing fee

Processing fee

1.25% of the loan amount + GST

Part-prepayment/Foreclosure Charges

Floating rate: For individual borrowers (for purposes other than business)	NIL
Prepayment Charges for Micro & Small Enterprises where prepayment is done through a takeover by any financial institution	3% of the prepayment amount or principal outstanding
Prepayment Charges for all other customers	4% of the prepayment amount or principal outstanding

Other fees and charges

Legal & Valuation Charges (non refundable)	Rs 7,500 for Mumbai, Rs 6,000 for other locations
Rate switch charges	0.5% on principal outstanding or Rs 50,000, whichever is lower
Issue of Duplicate Interest & Principal Certificate	Rs 250 per instance
Property swap charges	0.1% of the loan amount or Rs 10,000, whichever is higher
Cheque swapping charges	Rs 500 per instance
Duplicate no due certificate/NOC	Rs 250 per instance
EMI Overdue Charges	2% of EMI amount
Loan Cancellation Charges	Rs 5,000 + interest charges up to cancellation date

Dropline Overdraft Loan Against Property Fees and Charges  

Processing fee

Processing fee

1.25% of the loan amount + GST

Foreclosure charges

Prepayment Charges for Micro & Small Enterprises where prepayment is done from own funds	NIL
Prepayment Charges for Micro & Small Enterprises where prepayment is done through a takeover by any financial institution	3% of Active Limit
Prepayment Charges for all other customers	4% of Active Limit

Other fees and charges

Charges on overutilization of limit	0.066% per day on excess utilization
Bounce cheque charges	NIL
Commitment charges	Minimum quarterly average utilization of 25% of the active limit. If the quarterly average utilization is below 25% of the active limit, then commitment charges of 2% of the shortfall in utilization.
Limit reduction charges	4% of the limit reduction amount
Rate switch charges	0.5% on active limit or Rs 50,000/- whichever is lower
Property swap charges	0.1% of loan amount or Rs 10,000/- whichever is higher
Legal & Valuation Charges (non refundable)	Rs 7,500 for Mumbai, Rs 6,000 for other locations

RBL Bank Loan Against Property Eligibility Criteria

• Indian resident
• Salaried individuals, self-employed individuals, self-employed professionals, sole proprietorships, partnership firms and private limited companies (including closely-held public limited companies)

For salaried individuals:

• Minimum age: 23 years
• Maximum age: 60 years or retirement
• Minimum salary: Rs 1.50 lakh p.a.

For self-employed and professionals:

• Minimum age: 23 years
• Maximum age: 75 years
• Minimum net profit as per latest ITR/Financials of Rs 1.50 lakh

Along with the above-mentioned criteria, RBL Bank may also consider property value, assets and liabilities of their customers while evaluating their loan against property eligibility.

RBL Bank Loan Against Property Documents Required

List of Common Documents:

• Passport size photographs
• PAN Card for Individual/Partnership Firm/Company
• Identity proof, any one of the following: Voter ID/ Passport/ Driver’s License
• Address proof, any one of the following: Voter’s ID/ Driver’s License/ Passport/ Electricity bill/ Telephone bill/ Bank Statement/ Registered Lease Deed or Sale Agreement
• Business continuity proof: any one document dated 5 years old (Bank statement/ Sales Tax Challans/ IT Returns/ Shops and Establishment Certificate/ Partnership Deed/ Certificate of Insurance/ Partnership Deed)

Additional Documents Required for Salaried:

• Last 2 years Income tax returns or latest 3 month salary slip or latest form 16 issued by the employer
• Six months bank statement required with salary credits

Additional Documents Required for Self-employed Individuals/ Sole Proprietorship:

• Latest audited ITR and financials for the last 3 years (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
• Bank statements from the borrower’s main account/s for the last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet.

Additional Documents Required for Self-employed professionals:

• Latest audited ITR and financials for the last 3 years (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
• Bank statements from the borrower’s main account/s for last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet
• Professional qualification certificate and Degree certificate for professionals (Doctors, Architects, Chartered Accountants etc.)

Additional Documents Required for Partnership Firms/ Private Limited Companies

• Latest audited ITR and financials for the last 3 years (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
• Bank statements from the main account/s for last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet
• Partnership Deed and partnership authority letter for partnership firms
• Memorandum and Articles of Association and Board Resolution from the company
• Certificate of Incorporation (COI) for companies
• Latest shareholding patterns for Private Ltd. / Public Ltd. companies

Along with the aforementioned documents, the bank may also ask for additional loan against property documents at its discretion.