RBL Bank, which used to be called The Ratnakar Bank, was founded in 1943 with headquarters in the state of Maharashtra in the Kolhapur region. It is one of the oldest and leading private sector banks in India. RBL Bank is a scheduled commercial bank that has over five lakh happy customers across the country. The Bank first established a strong presence in Maharashtra and Karnataka, and thereafter it strengthened its presence across India by expanding its network of branches and ATMs.
Ratnakar Bank’s services undertook a transformational journey under a new and brilliant expert management team in 2010, launching on a vital growth plan based on a strong platform of professional governance, technology infrastructure, relationships, geographic expansion and high quality capital. The status of the bank as of March 2016 was that it had grown to a network of 201 branches and 365 ATMs across 16 Indian states and union territories.
The objective and long term vision of the bank is to become the bank of choice of Indians by nurturing and creating enduring relationship of trust and respect with its customers, employees and partners. This enduring relationship can only be achieved by engaging and understanding customers need, and extending best in class services and products to them.
RBL Bank offers loan against property where its customers get a higher amount of loan by keeping any property as collateral. The amount of loan available can then be used for any personal or business needs.