Paisabazaar Logo - Compare loans and credit cards

RBL Personal Loan

Icon image of Easy Online Application

Easy Online Application

Icon image of Simple and Quick Documentation

Simple and Quick Documentation

Icon image of End-to-End Expert Assistance

End-to-End Expert Assistance

Icon image of Hassle-free Approval and Disbursal

Hassle-free Approval and Disbursal

Illustration

Apply Personal Loan Online

google-play-icon

Google Play Store

4.5/5

15.5L Reviews

51M+Satisfied Customers
65+Lending Partners
800+Cities across India

Find Best Personal Loan Offers

Sort by:

HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
Axis Bank
Low Processing fee
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max Loan Amt.Upto ₹25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%

Quick Links

Why Choose Paisabazaar?
image of Compare & Choose the <strong>Best Offer</strong>

Compare & Choose the Best Offer

image of Pre-approved Offers with <strong>Instant Disbursals</strong>

Pre-approved Offers with Instant Disbursals

image of Know Your <strong>Chances of Approval</strong>

Know Your Chances of Approval

image of End-to-End <strong>Digital Process</strong>

End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

About RBL Bank Personal Loan

  • With RBL Bank consumers can avail personal loans at attractive interest rates to meet different financial needs.
  • Consumers who apply via Paisabazaar can experience an easy online loan process and end-to-end expert assistance.
  • RBL Bank personal loans have a simple and easy documentation process and require no security or collateral.
  • These personal loans can be repaid over a flexible tenure with affordable EMI options.
  • RBL Bank personal loans come with zero hidden charges and have a hassle-free loan sanction and disbursal process.

RBL Bank Personal Loan Highlights

Interest rate
18% p.a.
Loan Amount Rs 30,000-Rs 5 lakh
Tenure 1-3 years
Processing Fees Up to 2% of the loan amount
Minimum Monthly Salary Rs 40,000

RBL Bank Personal Loan Interest Rate

RBL Bank offers personal loan at an interest rate of 18% p.a. The lender has not mentioned its differential interest rates. However, the lender may consider factors such as credit score, employer’s profile, repayment capacity, job profile and minimum monthly income of its applicants while setting its personal loan interest rates.

RBL Bank Personal Loan Processing Fees and Charges

Processing Fee Up to 2% of loan amount
Prepayment/Foreclosure Charges Between 13 to 18 months: 5% of outstanding principalAfter 18 months: 3% of outstanding principal

After 12 regular EMIs: NIL
Overdue Interest 2% per month of overdue amount
Issue of Duplicate Interest and Principal Certificate Rs 250
Cheque Bounce Charges Rs 250
Cheque swap charges Rs 250
CIBIL Charges Rs 50
Convenience Charges Rs 999

Know more about personal loan processing fees charged by other lenders

Avail Personal Loan For
All Your Needs

Avail Personal Loan Banner

Eligibility Criteria for RBL Bank Personal Loan

  • Age: 25-60 years or retirement age
  • Minimum Net Monthly Income: Rs 40,000
  • Work Experience: Total 3 years of experience, 1 year in current employment

RBL Bank may also check credit score, job profile and employer’s profile of its applicants, just like other lenders do while evaluating their personal loan eligibility.

Documents Required for RBL Bank Personal Loan

  • Duly filled application form with a coloured photograph
  • KYC Documents: PAN Card/Age Proof/ID Proof (Aadhar card, passport, driving license, voter ID)
  • Address Proof: Aadhaar card, voter ID, driving license, passport, utility bill (electricity bill, telephone/mobile bill- not more than 2 months old)
  • Bank statement with salary credited for last 3 months
  • Salary slips: 1 recent salary slip for loan amount less than Rs 7.5 lakh and 2 recent salary slips for loan amount more than Rs 7.5 lakh

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Explore Our Personal Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
View All Partners

Avail Personal Loan For
All Your Needs

Avail Personal Loan Banner

FAQs

RBL Bank claims to approve the personal loan in a single day from the date of receipt provided the applicant submits the complete application form along with the required documents.

Your family member (spouse and children) can be your co-applicant to personal loans.

The applicants can repay their personal loans through NACH facility, standing instruction to debit from your RBL Bank account or through post-dated cheques with your EMI account.

RBL Bank has stated poor credit score and unstable income as the most common reasons for personal loan rejection. The applicants having minimum monthly income of Rs 40,000 are eligible for personal loans. Also, if the applicant works in a company that has been delisted by the bank, the loan application will be rejected by RBL Bank.

Personal Loan Articles

Importance of No Dues Certificate in Personal Loan Closure - Article image

Importance of No Dues Certificate in Personal Loan Closure

icon image of Paisabazaar
Paisabazaar02 Sept 2025
Loan rejected despite high income? Here’s what you need to know - Article image

Loan rejected despite high income? Here’s what you need to know

icon image of Paisabazaar
Paisabazaar19 Aug 2025
Personal Loan for First Time Borrowers: What Customers Must Know - Article image

Personal Loan for First Time Borrowers: What Customers Must Know

icon image of Paisabazaar
Paisabazaar04 Aug 2025
How I Saved Rs 22,000 on My Personal Loan through Prepayment - Article image

How I Saved Rs 22,000 on My Personal Loan through Prepayment

icon image of Bhumika Khandelwal
Bhumika Khandelwal31 Jul 2025
How Have Personal Loans Advanced Over the Past few Years - Article image

How Have Personal Loans Advanced Over the Past few Years

icon image of Paisabazaar
Paisabazaar17 Jul 2025
Factors To Consider While Selecting a Personal Loan Lender - Article image

Factors To Consider While Selecting a Personal Loan Lender

icon image of Paisabazaar
Paisabazaar16 Jul 2025
Instant Personal Loan Apps: Avoid These 5 Pitfalls - Article image

Instant Personal Loan Apps: Avoid These 5 Pitfalls

icon image of Bhumika Khandelwal
Bhumika Khandelwal16 Jul 2025
Reasons for Delay in Personal Loan Processing - Article image

Reasons for Delay in Personal Loan Processing

icon image of Paisabazaar
Paisabazaar09 Jul 2025
APR vs Interest Rate in Personal Loans: What’s the Difference? - Article image

APR vs Interest Rate in Personal Loans: What’s the Difference?

icon image of Bhumika Khandelwal
Bhumika Khandelwal07 Jul 2025
Tips to Choose an Ideal Personal Loan Tenure - Article image

Tips to Choose an Ideal Personal Loan Tenure

icon image of Paisabazaar
Paisabazaar07 Jul 2025
View All Articles
quotes icon

What our customers say

Loan from Paisabazaar was actually paperless

I always used to think that the paperless loan is a myth. But on Paisabazaar, I applied for the pre approved loan from IDFC Bank and all documentation was already done. I just filled the form, did kyc and my loan was approved and disbuursed one the same day.

icon image of avatar
Tanmay BorkatakiDec 12, 2025

Best place for a small loan

I have take loan of 60-70000 three times from paisabazaar in 4 years and every time it has been a very good experience. They provide the loan without failure and have also helped me improve my cibil.

icon image of avatar
Aridaman Singh ParhichaDec 11, 2025

My loan got approved immediately

I wanted a loan and I was able to get it approved through Paisabazaar. It was instantaneous and I got the amount in my account in 2 days only.

icon image of avatar
Priyam Sarkar MajumdarDec 10, 2025

I get loan from here

I get loan from Paisabazaar here and it is very quickly given to me.

icon image of avatar
Bilal ZaidiDec 9, 2025

Excellant EMI calculator and expert assistance available

The EMI calculator helped me choose the right repayment plan. Clear guidance at every step made the loan process really easy.

icon image of avatar
Mohit YadavDec 3, 2025

Fully Digital Process for Real.

Loved the real-time loan status updates.Everything was handled online — didn’t have to visit any branch.

icon image of avatar
Gautam BakshiDec 3, 2025

Lower Rate than My Own Bank

Got a lower interest rate than my bank was offering.Smooth digital verification and quick disbursal.

icon image of avatar
Shivani SuryaDec 3, 2025

Pre-approved offers with quick approval

I liked how Paisabazaar showed pre-approved offers without affecting my credit score. Customer support was prompt and helped me close the loan quickly.

icon image of avatar
Suraj VermaDec 3, 2025

Same day approval. wow.

The loan was approved the same day — super smooth and transparent process.

icon image of avatar
Shiv KumarDec 3, 2025

Best Loan Terms on My Credit Score in the Market

Paisabazaar helped me get a loan even with a borderline credit score. Really impressed with how smooth everything was.

icon image of avatar
SunnyDec 3, 2025
View All Testimonials
Vandana Punj profile
Written ByLinkedIn icon
Vandana Punj
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers